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A fair price for energy? : ownership versus market opening in the EU15
Fiorio, Carlo V.; Florio, Massimo - 2010
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10003985907
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Vertical market power in interconnected natural gas and electricity markets
Marks, Levi; Mason, Charles F.; Mohlin, Kristina; … - 2017
consider improvements to market design and regulation as these two energy markets become increasingly interlinked. …
Persistent link: https://www.econbiz.de/10011735963
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Market liberalization in the European natural gas market : the importance of capacity constraints and efficiency differences
Brakman, Steven; Marrewijk, Charles van; … - 2009
In the European Union, energy markets are increasingly being liberalized. A case in point is the European natural gas industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher welfare. This paper indicates that this might not happen...
Persistent link: https://www.econbiz.de/10003857130
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Liberalizing Russian gas markets : an economic analysis
Aune, Finn Roar; Golombek, Rolf; Hallre, Hilde; Moe, Arild - 2015
The Russian gas market is highly regulated. In this paper we examine possible impacts of regulatory changes on the demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas subsidies, and how changes in Russian gas consumption may...
Persistent link: https://www.econbiz.de/10010533092
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A look upstream : electricity market restructuring, risk, procurement contracts and efficiency
Di Maria, Corrado; Lange, Ian; Lazarova, Emiliya A. - 2014 - This version: November 25, 2014
This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated … plants. On the other hand, we also find that transaction costs may have increased as a consequence of deregulation. …
Persistent link: https://www.econbiz.de/10010464693
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Who (else) benefits from electricity deregulation? : coal prices, natural gas and price discrimination
Hughes, Jonathan E.; Lange, Ian - 2018
, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … impact of deregulation. This also means policies that change fuel prices can have substantially different effects on …
Persistent link: https://www.econbiz.de/10011936281
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Product market regulation and labor market outcomes : how can deregulation create jobs?
Burda, Michael C. - 2000
This paper reports on ongoing research on the interactions between product regulation and labor market outcomes. In … particular, I summarize work on the employment effects of shop-closing regulation in the retail and other related sectors …. Evidence on employment in the retail sector from Germany, the Netherlands and the United States suggests that the regulatory …
Persistent link: https://www.econbiz.de/10009781500
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Changing electricity markets : quantifying the price effects of greening the energy matrix
Kohlscheen, Emanuel; Moessner, Richhild - 2022 - Original Version: June 2022, this version: July 2022
We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...
Persistent link: https://www.econbiz.de/10013262773
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Service quality in electricity distribution in Brazil : a Malmquist approach
Marinho, Alexandre; Resende, Marcelo - 2016
The paper undertakes a dynamic analysis for service quality in the electricity distribution in Brazil between 2010 and 2014 based on Malmquist indexes constructed upon Data Envelopment Analysis (DEA) distance functions. The motivation for the less usual consideration of efficiency frontiers for...
Persistent link: https://www.econbiz.de/10011586315
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Strategic bidding of electric power generating companies : evidence from the Australian National Energy Market
Dungey, Mardi H.; Ghahremanlou, Ali; Long, Ngo Van - 2017
We extend existing theoretical frameworks describing electricity markets where each generator provides a Market Operator (MO) with a supply schedule in advance. The MO combines these with demand forecasts to produce equilibrium prices and instructs firms on their dispatch. We incorporate the...
Persistent link: https://www.econbiz.de/10011781325