A report (in Danish) prepared for Energinet Danmark by Copenhagen Economics shows that competition between Danish and foreign power plants may be limited even when there is spare trading capacity on international transmission cables.
In particular, this situation arises when prices are very high on international markets as in the winter 2002/2003. It follows that Danish power plants possess a dominant position on the relevant market more often than previously believed and that the risk of abuse of dominant position is higher.
Further information: Dr Claus Kastberg Nielsen 