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Table 2 Overall Comparison of Competitive Power Pools @April 1997

Country:

date the pool started

degree of privatisation: % that is not government owned degree of horizontal integration (% market share) degree of unbundling or vertical de-integration and separation mandatory pool (P) only or bilateral physical trading outside the pool also allowed (B) supply only (S) or supply and demand side (S, D) bidding
England & Wales

April 1990

all except Magnox nukes

duopoly to oligopoly

all

P

half-hour

S

price-bid

Colombia

July 20, 1995

10% and growing

  • market share closely split between 3 largest owners
  • remaining 28% shared by the rest

part

P

hour

S

cost-bid

Norway

1991

very little

  • there are 94 wholesale and generation utilities
  • Top one - 31%
  • Top five - 56.5%
  • Top ten - 67.5%

most

P, B

hour

S, D

price-bid

Australia:
  • VicPool, July 1994
  • NSW Pool, 1996
  • Vic: underway
  • NSW: none
  • Victoria: 8 generators, but the larger base-load generators represent up to 25% of peak-time capacity requirement
  • NSW: 3 portfolio generators

all

P

half-hour

S, D

price-bid

Argentina

August 1991

80%

Generation is very spread out

all

P

hour

S

price-bid

Chile

1982

100%

  • Largest company (Endesa) has almost 50% of the market
  • next two competitors: 20% and 10%
  • No unbundling
  • Endesa owns big chunks of all three

P

hour

S

auditted cost-bid

Alberta

January 1, 1996

none

  • just before 1996: three owners (60%:20%:20%)
  • IPP's own 10% of capacity
  • low
  • old utilities still own T&D facilities though internal separation

P

hour

S, D (interruptible only)

price-bid

New Zealand

October 1, 1996

most

  • largely a duopoly
  • ECNZ owns 60%
T&D is unbundled from generation

P, B

half-hour

S, D

price-bid