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Competition in public utility sectors has been encouraged in recent years throughout Europe. In this paper we try and analyse the welfare effects of these reforms in Italy, with particular attention to water and energy goods. The first step is to introduce a sensible measure of affordability of...
Persistent link: https://www.econbiz.de/10005385483
energy types. This paper discusses the evolution of price reforms for coal, petroleum products, natural gas and electricity …
Persistent link: https://www.econbiz.de/10011162044
Federal action addressing climate change is likely to emerge either through new legislation or via the U.S. EPA’s authority under the Clean Air Act. The prospect of federal action raises important questions regarding the interconnections between federal efforts and state-level climate policy...
Persistent link: https://www.econbiz.de/10008642159
This paper analyzes the efficient taxation of oil and capital income in an oil-dependent infinite-lived economy facing … competition and tax restrictions. The optimal tax rates on oil and capital strictly depend on the international tax system … type of tax restrictions and the use of oil (as an input or a consumer good). Under the residence-based system, capital …
Persistent link: https://www.econbiz.de/10008489596
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
the external costs of electricity production, we look at the policy instruments for the internalisation of such costs … stimulate the use of renewables in the production of electricity. When policy-makers are asked to choose the instrument(s) to … internalise the externalities in the electricity production, they have to find a solution that gives the best outcome in terms of …
Persistent link: https://www.econbiz.de/10005570306
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
significantly lowers the level of electricity rates. Moreover a more effective supervision technology shows a marginal negative …
Persistent link: https://www.econbiz.de/10005230838
predictions are consistent with US electric power market data. Moreover, in accordance with the model, electricity rates are lower …
Persistent link: https://www.econbiz.de/10005230941
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