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COMPARATIVE ANALYSIS OF THE DEGREE OF CONCENTRATION OF ELECTRICITY MARKETS AT THE NATIONAL AND AN EUROPEAN LEVEL
Abstract
The present paper aims to analyze the level of concentration of the electricity markets in Romania compared to that of the other European states. The purpose of this study is to check whether electricity markets in Romania are less competitive than in other European countries. The degree of concentration has been used both as a tool to analyze possible anticompetitive behaviors and to examine the effectiveness of competition policy as a whole in order to protect and facilitate competition throughout the economy. The electricity sector has been analyzed, both at national and European level, in terms of market concentration, with the help of the Herfindahl-Hirchman and Concentration Ratio indicators. The information is derived from the annual statistical reports of the National Agency for Energy Regulation (ANRE) and Eurostat.
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