Showing 1 - 10 of 91
This paper analyses technical efficiency of local electricity distribution in Italy (1994, 1996) by using both …-sectional data were examined with respect to:(a) ENEL - the Italian electricity monopolist;(b) municipal authorities (MUNIs), i ….e. town-based electric utilities which sometimes hold franchises for electricity distribution within city limits …
Persistent link: https://www.econbiz.de/10005423137
This paper analyses the interdependencies existing in wholesale European electricity prices. The results of a … among some neighboring markets considered in the sample and the existence of common long-term dynamics of electricity prices … and gas prices but not oil prices. The existence of long-term dynamics among gas prices and electricity prices may prove …
Persistent link: https://www.econbiz.de/10005392548
This paper studies the relevance of strategic trade effects in the environmental policy for the European electricity … sector. The production, investment and trade of electricity are modelled for four European countries. Three market regimes …
Persistent link: https://www.econbiz.de/10005385443
by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States …
Persistent link: https://www.econbiz.de/10005423199
The design of wholesale electricity markets in the transition towards liberalization presents significant differences … mandatory pool with a regulated market for electricity derivatives, that allows to hedge price volatility and to mitigate market … which electricity consumers can choose whether to trade on the spot market or negotiate bilateral contracts. Results suggest …
Persistent link: https://www.econbiz.de/10005570273
&Gas industry and its links with the energy sector and the environment. In the next decade oil companies will have to deal with …
Persistent link: https://www.econbiz.de/10005385444
We consider a situation where an exhaustible-resource seller faces demand from a buyer who has a perfect substitute but there is a time-to-build delay for the substitute. We that find in this simple framework the basic implications of the Hotelling model (1931) are reversed: over time the stock...
Persistent link: https://www.econbiz.de/10004965198
combustibles for electricity, reliable methods for modelling electricity consumption can contribute to a more rational employment … Italy, France and Greece on hourly data of aggregate electricity consumption. The empirical results obtained with the PC … a much simpler and attractive alternative to modelling electricity consumption since it is extremely easy to compute, it …
Persistent link: https://www.econbiz.de/10005385445
analyse the welfare effects of these reforms in Italy, with particular attention to water and energy goods. The first step is …
Persistent link: https://www.econbiz.de/10005385483
significantly lowers the level of electricity rates. Moreover a more effective supervision technology shows a marginal negative …
Persistent link: https://www.econbiz.de/10005230838