European Regulation Forum
on Electricity Reforms
Contract N° SSP6-CT2004-502479
 
Stockholm SESSA Conference
"Addressing Market Power and Industry Restructuring for Consumer Benefits"
Programme and Presentations

Dates : 07– 08 October, 2004
Location : Radisson SAS Royal Viking Hotel
Vasagatan 1, Stockholm

Thursday, October 7: Academic Workshop, joint with NEMIEC1

08.30 – 09.00 Registration
Morning Session, 9.00 – 12.00 Chairman: Torstein A. Bye

09.00 – 09.05 Introduction Lars Bergman

09.05 – 09.20 Brief presentations of SESSA and NEMIEC
Francois Leveque, ARMINES
Torstein A Bye, Statistics Norway and NEMIEC

09.20 – 10.00 "Market Power: Theory and Electricity Market Issues"
Yves Smeers, UCL

10.00 – 10.30 Coffee Break

10.30 – 11.00 "Restructuring of the European Power industry"
Isabel Soares, University of Porto

11.00 – 11.30 "Market Power Mitigation in the UK Power Market"
Richard Green, University of Hull


11.30 – 12.00 "Market Power in Hydropower Systems"
Finn Førsund, University of Oslo

12.00 – 13.30 Lunch

Thursday, October 7: Academic Workshop, joint with NEMIEC

Afternoon Session, 13.30 – 17.30 Chairman: Francois Leveque

13.30 – 14.00 Emission Trading, Green
"Certificates and Market Power" Eirik Amundsen, University of Bergen, and Lars Bergman, SSE


14.00 – 14.30 "Interaction Between Green Support Mechanisms at the European Power Market"
Klaus Skytte, Risø

14.30 – 15.00 "Long-term Supply Contracts and Collusion on the Electricity Market"
Chloé Le Coq, SSE

15.00 – 15.30 Coffee Break

15.30 – 16.00 "Quantifying the Supply-Side Benefits of Forward Contracting in Wholesale Electricity Markets"
Frank Wolak, Stanford University

16.00 – 16.30 "Forward Trading and Collusion in Oligopoly"
Matti Liski, HECER, and Juan-Pablo Montero, MIT

16.30 – 17.00 Summary and discussion of consensus report
Lars Bergman, SSE

19.00 Reception and dinner at the Stockholm School of Economics,
Sveavägen 65, Stora Salen

Friday, October 8: Stakeholder conference (9-13)
Stockholm School of Economics ("Handelshögskolan")

Location: Sveavägen 65, the Lecture Hall ("Aulan"), 1st floor

09.00 – 09.20 Report from the 1st SESSA Conference: A Consensus View on Electricity Market Design
David Newbery, Cambridge University

09.20 – 10.00 "How to deal with Market Power in Industries with Dominant Firms?"
Frank Wolak, Stanford University
Comments by : Pantelis Capros, European Commission

10.00 – 10.30 Coffee break – outside Aulan

10.30 – 11.00 "A Company View on the European Electricity Market:
Market Power Mitigation and Consumer Benefits"
Bo Källstrand, Svensk Energi
Comments by : Jean-Michel Glachant

11.00 – 12.55 Brief Presentations and Comments by Stakeholders and Experts :

Available presentations : Antti Paananen, Torstein A Bye, Johannes Mayer, Javier Penacho, Ulrik Stridbaek

12.55 – 13.00 Closing of the Conference

14.00 – 17.00 Meeting of the SESSA Executive Committee, Stockholm School of Economics, Sveavägen 65

1 “Nordic Energy Market Integration, Energy Efficiency and Climate Change” - Project within the Nordic
Energy Research. More information at www.nefp.info (see English; Projects; Integration of Energy Markets)