In this paper, we document rising market concentration in Texas's retail electricity market. Given recent acquisitions, we question whether a retail market with higher levels of concentration can continue to offer the low prices, an expansive array of creative pricing plans, and new consumer technologies that were promised when the forces of competition were unleashed twenty years ago. Copyright © 2020 Elsevier Inc.
CitationBrown, D. P., Zarnikau, J., Adib, P., Tsai, C. H., & Woo, C. K. (2020). Rising market concentration in Texas’s retail electricity market. Electricity Journal, 33(8). Retrieved from https://doi.org/10.1016/j.tej.2020.106848
- Market power
- Retail competition
- Market concentration