Interconnection Investment under the Competitive Electricity Market: The Case of Japan
Article from: OGEL 1 (2010), in Antitrust in the Energy Sector
This paper briefly examines some antitrust issues of electricity interconnection investment in the Japanese power market where 10 vertically integrated, privately owned utilities now compete with nonutilities for supply to large customers in any region, focusing on high-voltage transmission lines that connect different regions. Interconnectors, which have contributed much to the reliable supply of electricity in Japan, are now expected to promote competition in the liberalized electricity market by mitigating congestion in transmission networks. The paper discusses economic impacts on ...