Tanulmányunkban egy kvantitatív modell segítségével azt vizsgáltuk, hogy mennyire van kitéve a magyar áramtermelő piac a horizontális piachatalom-gyakorlás veszélyének. A jelentős nemzetközi távvezeték-összeköttetésekkel, de koncentrált hazai termelői kínálattal...

As the mandate for minimum renewable sources renders Tradable Green Certificates (TGCs) an essential input for power generation, it may induce mergers between power companies of conventional and renewable sources. Such mergers enable the integrated firms to extend market power from the TGC...

Feed-in tariff (FIT) and tradable green certificate (TGC) schemes are studied in a formal model and numerical example using the UK data. We find that if the markets were perfectly competitive, then feed-in tariff and the certificate price would be the same. However, when the markets are...