From Enron with love: market power in power markets

Webinar with Thomas-Olivier Léautier from Jean Tirole’s Toulouse School of Economics

This webinar was organised in the context of the online course The Regulation of the Power Sector and in cooperation with Jean Tirole’s Toulouse School of Economics.

Missed the webinar? Watch the recording:

 

For a variety of structural reasons, the power industry is at high risk of exercise of market power by producers. Furthermore, accurately detecting and effectively correcting market power is technically and politically challenging. Policy makers have tried a variety of mechanisms, with varying success. 

This webinar will illustrate the potential (and real) exercise of market power, and discuss various corrective mechanisms.

Thomas-Olivier Léautier is professor of management at the University of Toulouse, where he is responsible for the Master in Risk Management, and Research Director at Toulouse School of Economics. His research interests include restructuring of the electric power industry, and risk management strategy and operations. He has written academic articles on long-term incentives for investments in electric power generation and transmission, regulation of transmission companies, capacity mechanisms, the value of smart meters, demand response, and renewables subsidies.

Additional sources:

The smartest guy in the room  Documentary film on the so-called Enron scandal

Download the podcast 


More on Energy & Climate

Takeaways from recent energy Case Law from the CJEU
Takeaways from recent energy Case Law from the CJEU

On Friday, 3 June 2022, the FSR hosted the most recent edition of its popular biannual update on recent energy…

Ukraine's challenges and prospects of joining the internal energy market
Ukraine's challenges and prospects of joining the internal energy market

On Wednesday, 1 June 2022, the #FSRDebate “What is missing for Ukraine to join the Internal Energy Market?”  gathered Ukrainian…

How mitigating methane emissions can help the EU to reach energy independence
How mitigating methane emissions can help the EU to reach energy independence

Europe is facing the worst energy crisis since the 1970s. The spiking energy prices and worries about reliable supply fueled…

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top