Purpose – The purpose of this paper is to shed light on the governance choices of firms operating in the electricity distribution network operation activities. The study aims to consider both costs and benefits of different governance choices and to examine which of the activities could be...

This article seeks empirical evidence of how the Finnish electricity distribution companies have responded to regulatory incentives in the rate of return regulation. The effects of regulation on company behaviour were studied by a questionnaire and interview survey. After more than ten years of...

Purpose – Under the Kyoto protocol, emissions trading was imposed upon the Nordic Nord Pool Spot market in 2005. The purpose of this paper is to identify and characterize an important side‐effect of emissions trading on electricity spot market price behavior by statistically comparing price...

To be able to utilise opportunities in a radically changing business environment, various organisations are transforming their practices towards open innovation processes. Openness does not, however, mean any kind of looseness in innovation management but calls for coordination and facilitation....

Organizations are finding it more and more difficult to stay in balance with the pace of change. The continuous rise of business opportunities and the increase in global competition demands proactive knowledge management tools, new capabilities and an ability to renew and reconfigure existing...

This paper maps the diffusion dynamics of smart meters in the Central and Eastern Europe (EU10) and develops methodology which assesses the potential drivers of diffusion by the means of thematic analysis. Innovation diffusion theory and the concept of rate of adoption enabled to measure the...

The Russian power sector reform initiated in 2001 endeavored to introduce competition into major segments of the Russian electricity market. This paper examines how far the reforms have advanced in the retail electricity market and discusses social, political and technological barriers to market...