Repository logo
 

A Critique of Wolak's Evaluation of the NZ Electricity Market: Introduction and Overview

Simple item page
dc.contributor.authorHogan, Seamus
dc.contributor.authorJackson, Peter
dc.contributor.authorEvans, Lewis
dc.date.accessioned2015-02-11T21:39:33Z
dc.date.accessioned2022-07-07T02:18:05Z
dc.date.available2015-02-11T21:39:33Z
dc.date.available2022-07-07T02:18:05Z
dc.date.copyright10/01/2012
dc.date.issued2012
dc.description.abstractThis paper is the first in a symposium of papers that examine the 2009 report by Frank Wolak into the New Zealand electricity market. The Wolak report concluded that there had been a cumulative total of $4.3b (NZD) of overcharging in the New Zealand wholesale market over a period of seven years. In this paper we introduce the Wolak findings in the context of the salient features of the New Zealand market and explain that this headlinefigure is highly sensitive to some (quite unrealistic) assumptions about the structure of this market. The papers that follow this introduction examine Wolak's methodology and its empirical application.en_NZ
dc.formatpdfen_NZ
dc.identifier.urihttps://ir.wgtn.ac.nz/handle/123456789/19216
dc.language.isoen_NZ
dc.publisherTe Herenga Waka—Victoria University of Wellingtonen_NZ
dc.rightsPermission to publish research outputs of the New Zealand Institute for the Study of Competition and Regulation has been granted to the Victoria University of Wellington Library. Refer to the permission letter in record: https://ir.wgtn.ac.nz/handle/123456789/18870en_NZ
dc.titleA Critique of Wolak's Evaluation of the NZ Electricity Market: Introduction and Overviewen_NZ
dc.typeTexten_NZ
vuwschema.contributor.unitNew Zealand Institute for the Study of Competition and Regulationen_NZ
vuwschema.contributor.unitVictoria Business School: Orauarikien_NZ
vuwschema.subject.anzsrcfor149999 Economics not elsewhere classifieden_NZ
vuwschema.subject.anzsrcforV2389999 Other economics not elsewhere classifieden_NZ
vuwschema.type.vuwWorking or Occasional Paperen_NZ

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
Overview_of_Symposium_on_the_Wolak_Report_Lew_Evans.pdf
Size:
339.28 KB
Format:
Adobe Portable Document Format
Download

License bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
0 B
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

The New Zealand Institute for the Study of Competition and Regulation · ISCR