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Strategic change in the market for domestic electricity in the UK

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Brigham, Bitten and Waterson, Michael (2003) Strategic change in the market for domestic electricity in the UK. Discussion Paper. [Warwick Business School, Centre for Management under Regulation].

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Official URL: http://www2.warwick.ac.uk/fac/soc/wbs/research/cmu...

Abstract

This paper examines developments in the market for domestic electricity supply in the UK since September 1998 when the market was thrown over to competition using a variety of sources including firm interviews and a consumer questionnaire. We find that there was a substantial amount of entry, but that there has since been significant consolidation. There is still a substantial gap between the prices set by a firm in its incumbent area and prices obtainable from entrants to the market. There is no evidence
that the market is near to Bertrand in operation.

Item Type:

Working or Discussion Paper (Discussion Paper)

Subjects:

H Social Sciences > HB Economic Theory

Divisions:

Faculty of Social Sciences > Warwick Business School

Library of Congress Subject Headings (LCSH):

Electric utilities -- Great Britain, Public utilities -- Deregulation -- Great Britain, Competition -- Great Britain

Publisher:

[Warwick Business School, Centre for Management under Regulation]

Official Date:

February 2003

Dates:

Date	Event
February 2003	UNSPECIFIED

Number of Pages:

Status:

Not Peer Reviewed

Access rights to Published version:

Open Access

Funder:

Leverhulme Trust (LT), Electricity Association Fuel Poverty Task Force

Grant number:

F215/AX

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