The analysis of liberalisation of the electricity market in Slovenia

The purpose of this paper has been to investigate wholesale-to retail-sale electricity supply management in Slovenia. The rapid increase in electricity supply in Slovenia has been determined by increasing industry, public and household electricity demands. The paper analyses structures and dynamics...

Full description

Saved in:
Bibliographic Details
Main Authors: Stefan Bonjec, Drago Papler
Format: Article
Language:English
Published: AGH UNIVERSITY PRESS 2020-02-01
Series:Managerial Economics
Online Access:https://journals.agh.edu.pl/manage/article/view/3612
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1846115255938187264
author Stefan Bonjec
Drago Papler
author_facet Stefan Bonjec
Drago Papler
author_sort Stefan Bonjec
collection DOAJ
description The purpose of this paper has been to investigate wholesale-to retail-sale electricity supply management in Slovenia. The rapid increase in electricity supply in Slovenia has been determined by increasing industry, public and household electricity demands. The paper analyses structures and dynamics in wholesale-to-retail supply chain structures and management that are important for purchases of electrical energy by electricity distribution retailers. By using Lorenz’s curve and Gini’s coefficient of concentration, there is found to be a relatively high degree of concentration of wholesale electricity suppliers in the delivery of electrical energy to the retail electricity distribution enterprises. Whereas the number of the wholesale electricity suppliers has increased, the great majority of them hold with relatively small market shares vis-à-vis the large traditional wholesale electricity supplier. The electricity supply by smaller electricity producers is largely based on renewable sources of energy, which also depends on the weather conditions. The empirical evidence suggests that wholesale-to-retail electricity supply structures are shifting slowly from a monopoly market structure towards greater competition with the characteristics of product differentiation and market segmentation. The regression analysis for the electricity price formation for the retail electricity distribution enterprise confirms the significance of the costs for the purchased electricity, expenses for wages and for taxes. The multivariate factor analysis confirms the importance of recognition and business trust in the wholesale-to-retail-sale electricity supply chain management.
format Article
id doaj-art-949cd96decfe4c6499b7c0f41cec88a7
institution Kabale University
issn 1898-1143
2353-3617
language English
publishDate 2020-02-01
publisher AGH UNIVERSITY PRESS
record_format Article
series Managerial Economics
spelling doaj-art-949cd96decfe4c6499b7c0f41cec88a72024-12-19T16:07:17ZengAGH UNIVERSITY PRESSManagerial Economics1898-11432353-36172020-02-0120110.7494/manage.2019.20.1.7The analysis of liberalisation of the electricity market in SloveniaStefan BonjecDrago Papler The purpose of this paper has been to investigate wholesale-to retail-sale electricity supply management in Slovenia. The rapid increase in electricity supply in Slovenia has been determined by increasing industry, public and household electricity demands. The paper analyses structures and dynamics in wholesale-to-retail supply chain structures and management that are important for purchases of electrical energy by electricity distribution retailers. By using Lorenz’s curve and Gini’s coefficient of concentration, there is found to be a relatively high degree of concentration of wholesale electricity suppliers in the delivery of electrical energy to the retail electricity distribution enterprises. Whereas the number of the wholesale electricity suppliers has increased, the great majority of them hold with relatively small market shares vis-à-vis the large traditional wholesale electricity supplier. The electricity supply by smaller electricity producers is largely based on renewable sources of energy, which also depends on the weather conditions. The empirical evidence suggests that wholesale-to-retail electricity supply structures are shifting slowly from a monopoly market structure towards greater competition with the characteristics of product differentiation and market segmentation. The regression analysis for the electricity price formation for the retail electricity distribution enterprise confirms the significance of the costs for the purchased electricity, expenses for wages and for taxes. The multivariate factor analysis confirms the importance of recognition and business trust in the wholesale-to-retail-sale electricity supply chain management. https://journals.agh.edu.pl/manage/article/view/3612
spellingShingle Stefan Bonjec
Drago Papler
The analysis of liberalisation of the electricity market in Slovenia
Managerial Economics
title The analysis of liberalisation of the electricity market in Slovenia
title_full The analysis of liberalisation of the electricity market in Slovenia
title_fullStr The analysis of liberalisation of the electricity market in Slovenia
title_full_unstemmed The analysis of liberalisation of the electricity market in Slovenia
title_short The analysis of liberalisation of the electricity market in Slovenia
title_sort analysis of liberalisation of the electricity market in slovenia
url https://journals.agh.edu.pl/manage/article/view/3612
work_keys_str_mv AT stefanbonjec theanalysisofliberalisationoftheelectricitymarketinslovenia
AT dragopapler theanalysisofliberalisationoftheelectricitymarketinslovenia
AT stefanbonjec analysisofliberalisationoftheelectricitymarketinslovenia
AT dragopapler analysisofliberalisationoftheelectricitymarketinslovenia