Rising market concentration in Texas's retail electricity market

被引:11
作者
Brown D.P. [1 ]
Zarnikau J. [2 ]
Adib P. [3 ]
Tsai C.H. [4 ]
Woo C.K. [5 ]
机构
[1] Department of Economics, University of Alberta, Edmonton, AB
[2] Department of Economics, University of Texas at Austin, Austin, 78712, TX
[3] Pionergy, Austin, TX
[4] Market and Grid Strategy, Midcontinent Independent System Operator, 2985 Ames Crossing Road, Eagan, 55121, MN
[5] Department of Asian and Policy Studies, Education University of Hong Kong, New Territories
关键词
Electricity; Market concentration; Market power; Retail competition;
D O I
10.1016/j.tej.2020.106848
中图分类号
学科分类号
摘要
In this paper, we document rising market concentration in Texas's retail electricity market. Given recent acquisitions, we question whether a retail market with higher levels of concentration can continue to offer the low prices, an expansive array of creative pricing plans, and new consumer technologies that were promised when the forces of competition were unleashed twenty years ago. © 2020 Elsevier Inc.
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