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This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated … plants. On the other hand, we also find that transaction costs may have increased as a consequence of deregulation. …
Persistent link: https://www.econbiz.de/10010464693
The paper reviews the situation with regard to the electricity sector and the failure of policy and regulation. It argues for direct subsidy and a market oriented unbundling of the sector to take the sector forward. It also brings out the failure of the IPP policy and the costs that it has...
Persistent link: https://www.econbiz.de/10013097602
This paper aims to highlight the critical importance of cost recovery in attracting and sustaining private investment for power development. Based on a brief review of Indian experience, it suggests that in the absence of requisite cost recovery, reform of sector policies and institutions alone,...
Persistent link: https://www.econbiz.de/10003275887
in India. The Indian electricity regulation provides an opportunity to do comparative analysis of the approaches taken by …
Persistent link: https://www.econbiz.de/10013150025
A reliable supply of electricity is essential for economic development, and developing countries across the world have implemented reforms to improve their power sector performance. We publish a dataset of power sector reforms in 142 developing countries from 1982 to 2013 and use the data to...
Persistent link: https://www.econbiz.de/10012896799
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Due to the 3rd Energy Package of 2009 the regulation of European electricity transmission did change considerably. Before, cross-border electricity issues have been regulated by voluntary contractual agreements between Transmission System Operators. Now, the new-founded Agency for the...
Persistent link: https://www.econbiz.de/10010235855
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