Efektywność ekonomiczna regulacji sektorowej cen na rynku energii elektrycznej w Polsce
Economic Efficiency of Sectoral Regulation of Prices on the Electricity Market in Poland

Summary/Abstract: In this paper the main attention was focused on the analysis of the effectiveness of economic regulation of prices on the electricity market in Poland. As an efficiency criterion the Kaldor-Hicks approach was adopted. It analyzed the scale of the reduction of price expectations of incumbents trading enterprises and were compared with changes in prices of regulated market and competitive market. Research period was 2008–2013. In order to make the necessary calculations, Energy Regulatory Office data and the Energy Market Agency data were used. In the paper a descriptive method, a comparative method, and basic statistical methods, (i.e. methods of index) were used. The analysis showed that the regulation of the electricity market was economically inefficient resulting in prices on the regulated market increasing faster than on the competitive market.

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