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productive efficiency of the companies due to the use of the inputs in just one activity and a greater level of transparency for … the regulator. This paper analyzes the cost efficiency of 28 electricity distribution companies in New Zealand for the … function are estimated in order to evaluate the impact of ownership unbundling on the level of cost efficiency. The results …
Persistent link: https://www.econbiz.de/10010939453
Encouraged by the declining cost of grid-scale renewables, recent analyses conclude that the United States could reach net zero carbon dioxide emissions by 2050 at relatively low cost using currently available technologies. While the cost of renewable generation has declined dramatically,...
Persistent link: https://www.econbiz.de/10014322765
Natural gas has replaced coal as the dominant fuel for U.S. electricity generation. However, U.S. states that regulate electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during an energy transition where utilities face tradeoffs...
Persistent link: https://www.econbiz.de/10014468287
Persistent link: https://www.econbiz.de/10011903892
, simplified cost recognition schemes can be considered, but the extent to which they might improve cost efficiency must be …
Persistent link: https://www.econbiz.de/10009743334
This paper assesses Brazil’s regulatory framework and agencies for several network industries (electricity, oil and gas, and water and sanitation). Private investment can be encouraged by tackling regulatory uncertainty in many areas. To this end, recent initiatives include a new regulatory...
Persistent link: https://www.econbiz.de/10012444125
constructed to examine the influence of regulatory reform on efficiency and price, and to assess the relative efficacy of …
Persistent link: https://www.econbiz.de/10012446021
The U.S. regulation of high-voltage transmission is highly complex and, as a result, generally poorly understood. The complexity is created by separate, but overlapping, jurisdictional authorities of the U.S. federal regulators and those of individual states, districts, and territories. While...
Persistent link: https://www.econbiz.de/10014512108
five generation groups and two grid companies in an effort to increase competition and improve efficiency. In this paper …, we study the impact of this deregulation reform on the operational efficiency for a balanced panel of 34 large power …
Persistent link: https://www.econbiz.de/10010868793
China's electricity sector has experienced substantial efficiency improvement during the last one and a half decades …. The recent literature has mostly attributed the efficiency improvement to the 2002 unbundling reform with little attention … contributed at least half of the observed efficiency improvement during this period. The results have significant implications for …
Persistent link: https://www.econbiz.de/10011189284