Electricity Specific Measures
As to account for the specificities of electricity markets the specific structural measures are calculated. The Herfindahl index and the concentration ratios focus on the market shares of companies, but these measures identify the “pivotalness” of companies to meeting the demand on the system. A company that is very pivotal can be said to have a high market power.
Read more about this topic: Concentration Ratio
Famous quotes containing the words electricity, specific and/or measures:
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—Josephine K. Henry, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 15, by Susan B. Anthony and Ida Husted Harper (1902)
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—Herbert Spencer (1820–1903)
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—Rutherford Birchard Hayes (1822–1893)