Competition in electricity distribution
Roxana Saplacan
Utilities Policy, 2008, vol. 16, issue 4, 231-237
Abstract:
The traditional view of electricity distribution is that it is a natural monopoly. Few authors have explored the question as to whether electricity distributors truly are natural monopolies or not, while observation of the current industrial practice tends to suggest that a "market" for distribution activities does actually exist. This is a paradox for a natural monopoly. Our explanation is that monopoly characteristics well characterise the network infrastructure, but not the network operation service.
Keywords: Natural; monopoly; Competition; Organizational; change; Regulation (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:16:y:2008:i:4:p:231-237
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