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Vertical Unbundling in the EU Electricity Sector

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Intereconomics

In its September 2007 package of energy policy proposals the European Commission has expressed a clear preference for ownership unbundling as the most effective way of separating transmission from other stages of the value chain, which is regarded as necessary in order to promote infrastructure investment, fair network access and market transparency. The welfare effects of this measure are, however, still hotly debated. The following articles highlight the pros and cons of ownership unbundling.

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Authors and Affiliations

  1. Judge Business School and ESRC Electricity Policy Research Group, University of Cambridge, UK

    Michael G. Pollitt

  2. ESRC Centre for Competition Policy, University of East Anglia, UK

    Stephen Davies* & Catherine Waddams Price*

  3. University of Erlangen-Nuremberg, Germany

    Justus Haucap

  4. NMa (Netherlands Competition Authority), The Hague, The Netherlands

    Machiel Mulder**

  5. CPB (The Netherlands Bureau for Economic Policy Analysis), The Hague, The Netherlands

    Victoria Shestalova

  6. CPB (The Netherlands Bureau for Economic Policy Analysis), The Hague and TILEC, Tilburg University, The Netherlands

    Gijsbert Zwart

Authors
  1. Michael G. Pollitt
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  2. Stephen Davies*
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  3. Catherine Waddams Price*
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  4. Justus Haucap
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  5. Machiel Mulder**
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  6. Victoria Shestalova
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  7. Gijsbert Zwart
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Additional information

* Thanks are due to Alberto Prandini for earlier discussions on this topic and to Hieu Tran for excellent research assistance. Funding from the UK Economic and Social Research Council is gratefully acknowledged.

** The contribution of this author is on personal title and does not bind the NMa in one way or another.

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Pollitt, M.G., Davies*, S., Waddams Price*, C. et al. Vertical Unbundling in the EU Electricity Sector. Intereconomics 42, 292–310 (2007). https://doi.org/10.1007/s10272-007-0231-x

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  • DOI: https://doi.org/10.1007/s10272-007-0231-x

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