Electricity Market Reform in Norway

Norwegian deregulation was, together with the British model, a pioneer forerunner in the restructuring of European electricity industry. The Norwegian model, unlike the British, did not change ownership or structure, but relied heavily on a radical opening of the market way down to household consumers. It also developed a more advanced pool system based on actual bidding both on the supply and demand side, as well as triggering the first regional integrated competitive power market in the world. This book draws on a wide range of applied research and gives a summary of the Norwegian experience.