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Why has the Nordic electricity market worked so well?

机译：为什么北欧电力市场表现如此出色？

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摘要

The purpose of this paper is to explore why the Nordic electricity market has worked quite well and to consider to what extent the Nordic experiences are relevant for other countries. In particular, we investigate causes as to why the Nordic market managed to withstand the supply shock in 2002-2003. A comparison is made with the California case, and the potential problem of market power abuse is investigated in particular. The relatively successful electricity market reform in the Nordic countries seems to be attributable to the followings: a simple but sound market design, a successful dilution of market power, a strong political support for deregulation and voluntary, informal commitment to public service by the power industry.
机译：本文的目的是探讨北欧电力市场为何运作良好，并考虑北欧经验在多大程度上与其他国家相关。尤其是，我们调查了北欧市场为何在2002-2003年能够承受供应冲击的原因。与加州案例进行了比较，并特别研究了潜在的市场支配力问题。北欧国家相对成功的电力市场改革似乎可以归因于以下几个方面：简单但健全的市场设计，成功地稀释市场力量，强有力的政治支持以放松管制，以及电力行业自愿，非正式地致力于公共服务。

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