Toward Retail Competition in the Portuguese Electricity Market

Detalhes bibliográficos
Autor(a) principal: Ghazvini, Mohammad Ali Fotouhi
Data de Publicação: 2016
Outros Autores: Ramos, Sérgio Filipe Carvalho, Soares, João, Vale, Zita, Castro, Rui
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.22/10227
Resumo: Portugal has opened its’ retail electricity market for new entrants, while removing the burdens for competition among the supplier and customers’ switching between the electricity suppliers. The ultimate objective of this liberalization practice is to sharpen competition in the retail segment of the electricity market. In this paper, we assess the success of the liberalization process in the retail sector of the Portuguese electricity market by studying the customers’ behavior, changes in the retail rates and the market concentration. Finally, we provide some explanations for the high switching rates of the customers despite the increase in the retail rates. We also explain why the retail rates are not following the changes of the wholesale prices and the reason for the high market concentration in the retail segment.
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spelling Toward Retail Competition in the Portuguese Electricity MarketElectricity marketMarket liberalizationRetailerRetail marketPortugal has opened its’ retail electricity market for new entrants, while removing the burdens for competition among the supplier and customers’ switching between the electricity suppliers. The ultimate objective of this liberalization practice is to sharpen competition in the retail segment of the electricity market. In this paper, we assess the success of the liberalization process in the retail sector of the Portuguese electricity market by studying the customers’ behavior, changes in the retail rates and the market concentration. Finally, we provide some explanations for the high switching rates of the customers despite the increase in the retail rates. We also explain why the retail rates are not following the changes of the wholesale prices and the reason for the high market concentration in the retail segment.Institute of Electrical and Electronics EngineersRepositório Científico do Instituto Politécnico do PortoGhazvini, Mohammad Ali FotouhiRamos, Sérgio Filipe CarvalhoSoares, JoãoVale, ZitaCastro, Rui20162117-01-01T00:00:00Z2016-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.22/10227eng10.1109/EEM.2016.7521209metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-13T12:51:44Zoai:recipp.ipp.pt:10400.22/10227Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:30:40.631867Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Toward Retail Competition in the Portuguese Electricity Market
title Toward Retail Competition in the Portuguese Electricity Market
spellingShingle Toward Retail Competition in the Portuguese Electricity Market
Ghazvini, Mohammad Ali Fotouhi
Electricity market
Market liberalization
Retailer
Retail market
title_short Toward Retail Competition in the Portuguese Electricity Market
title_full Toward Retail Competition in the Portuguese Electricity Market
title_fullStr Toward Retail Competition in the Portuguese Electricity Market
title_full_unstemmed Toward Retail Competition in the Portuguese Electricity Market
title_sort Toward Retail Competition in the Portuguese Electricity Market
author Ghazvini, Mohammad Ali Fotouhi
author_facet Ghazvini, Mohammad Ali Fotouhi
Ramos, Sérgio Filipe Carvalho
Soares, João
Vale, Zita
Castro, Rui
author_role author
author2 Ramos, Sérgio Filipe Carvalho
Soares, João
Vale, Zita
Castro, Rui
author2_role author
author
author
author
dc.contributor.none.fl_str_mv Repositório Científico do Instituto Politécnico do Porto
dc.contributor.author.fl_str_mv Ghazvini, Mohammad Ali Fotouhi
Ramos, Sérgio Filipe Carvalho
Soares, João
Vale, Zita
Castro, Rui
dc.subject.por.fl_str_mv Electricity market
Market liberalization
Retailer
Retail market
topic Electricity market
Market liberalization
Retailer
Retail market
description Portugal has opened its’ retail electricity market for new entrants, while removing the burdens for competition among the supplier and customers’ switching between the electricity suppliers. The ultimate objective of this liberalization practice is to sharpen competition in the retail segment of the electricity market. In this paper, we assess the success of the liberalization process in the retail sector of the Portuguese electricity market by studying the customers’ behavior, changes in the retail rates and the market concentration. Finally, we provide some explanations for the high switching rates of the customers despite the increase in the retail rates. We also explain why the retail rates are not following the changes of the wholesale prices and the reason for the high market concentration in the retail segment.
publishDate 2016
dc.date.none.fl_str_mv 2016
2016-01-01T00:00:00Z
2117-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.22/10227
url http://hdl.handle.net/10400.22/10227
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1109/EEM.2016.7521209
dc.rights.driver.fl_str_mv metadata only access
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rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Institute of Electrical and Electronics Engineers
publisher.none.fl_str_mv Institute of Electrical and Electronics Engineers
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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