Does market concentration affect wholesale electricity prices? An analysis of the Indian electricity sector in the COVID-19 pandemic context
Utilities Policy
; 73:101305, 2021.
Article
in English
| ScienceDirect | ID: covidwho-1466755
ABSTRACT
This study explores whether the market concentration affects the wholesale prices of electricity generation among Indian companies by drawing 15-min frequency data related to electricity production, wholesale prices, and electricity demand in August 2020 during the COVID-19 pandemic. The ARDL model estimates show a positive relationship between market concentration and wholesale energy prices. The study recommends the adoption of policies to reduce market concentration and enhance clean energy development.
Full text:
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Collection:
Databases of international organizations
Database:
ScienceDirect
Language:
English
Journal:
Utilities Policy
Year:
2021
Document Type:
Article
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