How Power System Restructuring & Deregulation Would Affect Competition and Profitability Among Electric Utility In Terms of Porter Five Forces

There is an argue that lack of competition in electricity power sector is led to inefficient operation of power system. In order to increase the social welfare and cope with environmental issues raised from industrialization, power market start transition toward market restructuring to increase operation efficiency through competition. After two decades that efforts have been made to restructure the electricity market, still there\u27s a doubt in benefit of electricity system reforms. It is argued in some literature that True or real competition is one of the restructuring objective that has been failed to reach. This paper studies current restructuring activities in terms of porter five forces to recognize the area could be improved in order to improve competition in electricity market