From a national market perspective, taking transmission capacity into account reduces current concentration measures, although they remain fairly high even after substantial capacity increases. From an international perspective, a more efficient use of current transmission capacity by coupling regional markets can increase competition. That suggests it may not be appropriate to assess market concentration using national market shares.
|Journal||The Electricity Journal|
|Publication status||Published - 2009|
Kupper, G., Delarue, E., Delvaux, B., Meeus, L., Bekaert, D., Willems, B., Proost, S., D'haeseleer, W., Deketelaere, K., & Belmans, R. (2009). Does more international transmission capacity increase competition in the Belgian electricity market? The Electricity Journal, 22(1), 21-36.