Examining the level of competition in the energy sector

Abstract

During the recent decades, the energy sector has undergone thoughtful structural changes, getting towards a more competitive environment, a process that is highly controlled and monitored by regulatory authorities. The differences in the pace and extent of market reforms are mainly related to the starting point of each reform and the problems associated with the internal environment of the market. The applied theoretical and analytical contributions provide guidance to policy-makers and government officials in designing new policy scenarios for the investigation of the role of competition in the energy sector. The empirical contributions provide evidence to support and inform current policy debates and should be of benefit to policy-makers and researchers worldwide. © 2019