Using the classification proposed by Hunt and Shuttleworth, determine the level of competition that exists in your region or country or in another area for which you have access to sufficient information. Discuss any difference that you observe between the basic model and the electricity market implementation in this area. Identify the companies that participate in the electricity market in the area that you chose for Problem 1.1. Map the basic functions defined in this chapter with these companies and discuss any difference that you observe. Identify clearly the companies that enjoy a monopoly status in some or all their activities.
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