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AN ANALYSIS OF THE COMPETITION IN THE ENERGY SECTOR OF ROMANIA

Mihail Busu, Ruxandra-Madalina Rusu

First published: 2022https://doi.org/10.35603/sws.iscss.2022/s04.037View metrics

Abstract

In this paper we are analysing the competition on the energy sector of Romania. The Energy Markets are divided into the market for the production and sale of electricity, electricity supply market, electricity transport market and electricity distribution market. The analysis is based on three indicators used to measure the degree of competition: Concentration Ratio (CRk), which measures the combined market ratio of the top k companies in the sector, and Herfindahl-Hirschman Index (HHI), which is the sum of the squares of all the market shares of the companies in the Energy Sector. The data analysed was collected from the National Energy Regulatory Agency (ANRE) and from the National Institute of Statistics (INS).

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Publication details

Title
AN ANALYSIS OF THE COMPETITION IN THE ENERGY SECTOR OF ROMANIA
Authors
Mihail Busu, Ruxandra-Madalina Rusu
Proceedings
Proceedings of 9th SWS International Scientific Conference on Social Sciences - ISCSS 2022
Publisher
SGEM WORLD SCIENCE (SWS) Scholarly Society
Year
2022
Pages
309-316
SWS Citekey
Busu20224309316
ISSN
2682-9959
ISBN
978-3-903438-04-0
Language
en
Publication type
Proceedings Paper
Keywords
market competitionenergy marketsmarket concentrationcompetition indicators
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