Does More International Transmission Capacity Increase Competition in the Belgian Electricity Market?

摘要

From a national market perspective, taking transmissioncapacity into account reduces current concentrationmeasures, although they remain fairly high even aftersubstantial capacity increases. From an internationalperspective, a more efficient use of current transmissioncapacity by coupling regional markets can increasecompetition. That suggests it may not be appropriate toassess market concentration using national market shares.