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Argentina’s 1992 transmission expansion policy was subsequently modified by, for example, including provision for … the regulation of monopoly networks is feasible, and the scope for it may be greater than generally appreciated. However …
Persistent link: https://www.econbiz.de/10005783769
, voting and paying for such expansions, which were then put out to competitive tender. Commentators hold this novel policy to … Buenos Aire. This paper challenges this interpretation. The policy was chosen because the conventional regulatory framework …. It indicated a need to reappraise transmission investment policy because the availability of gas had made it more …
Persistent link: https://www.econbiz.de/10005783838
Deregulation of the electricity sector has resulted in conflict between the economic aims of creating competitive wholesale and retail markets, and an engineering focus on reliability of supply. The paper starts by deriving the optimal prices and investment program when there are...
Persistent link: https://www.econbiz.de/10005113737
the generation, transmission and distribution sectors, as well as the economic regulation of electricity and the general …
Persistent link: https://www.econbiz.de/10005113813
The French electricity supply industry is characterized by a vertically integrated monopoly and public ownership and when the government introduced market rules, it was with the aim of preserving the integration of the public incumbent as a national champion. This had two paradoxical effects in...
Persistent link: https://www.econbiz.de/10005113853
economic regulation of electricity and the general institutional environment favourable to reform. We note that while the …
Persistent link: https://www.econbiz.de/10005113876
Stabilization Plans holding incumbent utility prices below cost since 2006. In the Ohio gas sector, rate regulation has not … question, but the policy deserves consideration elsewhere. …
Persistent link: https://www.econbiz.de/10005113881
economic crisis in 2001 and subsequent federal government policy. The arrangements nonetheless appear to be working well, and …
Persistent link: https://www.econbiz.de/10005113884
Privatisation of utilities is about ownership rather than control. Liberalisation can induce greather improvements in … performance than privatisation alone. Regulation id inevitably inefficient, and adequately competitive network services may … sustain. Theory and evidence suggest that pricing network access and use is difficult., risking foreclosure without regulation …
Persistent link: https://www.econbiz.de/10005650516
Should regulation of potentially competitive elements of network utilities be left with sector regulators or solely … more emphasis on making sector regulation consistent with competition law. The paper discusses the appropriateness of the … competition law approach for telecoms and electricity. Post-modern utilities like telecoms, in which facilities-based competition …
Persistent link: https://www.econbiz.de/10005647440