Electricity markets typically are susceptible to the exercise of market power: a small number of power companies control the bulk of generation capacity, transmission bottlenecks limit import possibilities, and economic and political barriers present obstacles to large scale entry. Renewable support schemes, taxes on production and consumption, and command and control policies simultaneously represent important drivers of production, consumption and investment. The complicated menu of energy policies may serve to distort market outcomes and cause efficiency losses. The performance of electricity markets (should) therefore pose a major concern to competition authorities and policy makers worldwide.
The Research Institute of Industrial Economics (IFN) is organizing an international two-day conference on the performance of electricity markets. The conference brings together top researchers in the field with an overarching objective to present and discuss the latest research in the area, both theoretical and empirical.
Participation at the conference is by invitation only. The conference is organized within the framework of the IFN research program The Economics of Electricity Markets. For more information, please contact the conference organizers Thomas Tangerås (email@example.com) or Elisabeth Gustafsson (firstname.lastname@example.org).
Summary of the conference