Electricity Market Reform in Norway
Book information
Description
Norwegian deregulation was (together with the British) a pioneer in the restructuring of its domestic electricity industry. The Norwegian and British models had distinctive features: The British model was based on privati- zation, structural change and a gradual opening up of the market. The Norwegian model did not change ownership or structure, but relied heavily on a radical opening of the market right down to household consumers. The Norwegian model developed a more advanced pool system based on actual bidding both on the supply and demand sides. The Norwegian model triggered the first regional integrated competitive power market in the world. The book draws on a wide range of applied research and provides a valuable summary of the Norwegian experience.
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