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Journals / Ankara Üniversitesi SBF Dergisi / 2007 / Cilt: 62 - Sayı: 4

Problems in Liberalization of Electricity Generation: Market Power and Internationalization

Elektrik Üretiminde Serbestleştirmenin Sorunları: Piyasa Gücü ve Uluslararasılaşma

Serdal BAHÇE
Pages
49–68
Publication Date
2022-10-11
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The main aim of this study is to discuss the significance of market power problem in theoretical and empirical terms and to determinde the dimensions of transnationalization process.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The liberalization process has been spreading into the electricity sector.
📊
Key Findings & Data:The theoretical channel of this literature has displayed great effort to cope with this problem, however, the empirical channel of the literature has provided significant evidence of ever-growing market power problem in the electricity generation and distribution markets.
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Conclusion & Impact:The main aim of this study is to discuss the significance of market power problem in theoretical and empirical terms and to determinde the dimensions of transnationalization process.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

The liberalization process has been spreading into the electricity sector. The liberalization of the electricity sector has been developing along with the literature which has provided its theoretical basis. Hoever, in this process, the liberalization program has to face some problems which have been unanticipated by this literature. Certainly, the market power problem in the liberalized electricty sectors is one of the most prominent problems. The theoretical channel of this literature has displayed great effort to cope with this problem, however, the empirical channel of the literature has provided significant evidence of ever-growing market power problem in the electricity generation and distribution markets. Morevoer, the internationalization of liberalized electricity markets have created new dynamics in the context of market power problem. The main aim of this study is to discuss the significance of market power problem in theoretical and empirical terms and to determinde the dimensions of transnationalization process.

Özet

Serbestleştirme süreci elektrik sektörüne de sirayet etmektedir. Elektrik sektörü serbestleştirmesi, ona teorik altyapıyı hazırlayan yazınla birlikte gelişmektedir. Ancak bu süreçte teorik yazının öngöremediği problemler karşılaşılmaktadır. Bu sorunlardan en önemlisi hiç kuşkusuz serbestleştirilen elektik üretimi piyasalarında ortaya çıkan piyasa gücü sorundur. Serbestleştirme yazınının teorik kanadı bu sorunun çözümü için ciddi bir çaba içindedir ancak bu yazının ampirik kanadının sunduğu kanıtlar elektrik üretimi ve dağıtımı piyasalarında piyasa gücü sorununun boyutlarının giderek büyüdüğünü göstermektedir. Serbestleştirilen elektrik sektörlerinin uluslar arasılaşması da sürece yeni dinamikler katmaktadır. Bu yazı piyasa gücü sorununun teorik ve ampirik anlamda ne ölçüde ciddi bir sorun olduğunu tartışmayı ve çok uluslulaşmanın boyutlarını ortaya koymayı amaçlamaktadır.

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Cite This Article

BAHÇE, S. (2022). Problems in Liberalization of Electricity Generation: Market Power and Internationalization. Ankara Üniversitesi SBF Dergisi, Cilt: 62 - Sayı: 4, 49–68. https://ajindex.com/articles/443196

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