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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

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

Green tradable certificates versus feed-in tariffs in the promotion of renewable energy shares

Requate, Tilman - 2014

The paper analyzes the relationship between CO2 mitigation policy and promotion policies designed to deploy renewable energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of high and low carbon use of fossil fuels, deployment...

Persistent link: https://www.econbiz.de/10010468575

The prosumers and the grid

Gautier, Axel; Jacqmin, Julien; Poudou, Jean-Christophe - 2017

Prosumers are households that are both producers and consumers of electricity. A prosumer has a grid-connected decentralized production unit (DPU) and makes two types of exchanges with the grid: energy imports when the local production is insuffcient to match the local consumption and energy...

Persistent link: https://www.econbiz.de/10011781008

Gone with the wind? : an empirical analysis of the renewable energy rent transfer

Liski, Matti; Vehviläinen, Iivo - 2016

Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large-scale transfer of surplus from the incumbent...

Persistent link: https://www.econbiz.de/10011573888

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

Equity as a prerequisite for stable cooperation in a public-good economy : the core revisited

Buchholz, Wolfgang; Peters, Wolfgang - 2010

In this paper we explore the relationship between an equitable distribution of the cost shares in public-good provision on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous distribution of cost shares that motivates some coalition...

Persistent link: https://www.econbiz.de/10003983187

Deregulation, entry of foreign banks and bank efficiency in Australia

Sturm, Jan-Egbert; Williams, Barry - 2002

This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 … banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency … seems to have increased post-deregulation and the competition resulting from diversity in bank types was important to prompt …

Persistent link: https://www.econbiz.de/10011514045

Entry barriers and the labor market outcomes of incumbent workers : evidence from a deregulation reform in the German crafts sector

Lergetporer, Philipp; Ruhose, Jens; Simon, Lisa - 2018

We study the labor market outcomes of a deregulation reform in Germany that removed licensing requirements to become …

Persistent link: https://www.econbiz.de/10011921984

Labor responses, regulation and business churn

Aloi, Marta; Dixon, Huw; Savagar, Anthony - 2018

We develop a model of sluggish firm entry to explain short-run labor responses to technology shocks. We show that the labor response to technology and its persistence depend on the degree of returns to labor and the rate of firm entry. Existing empirical results support our theory based on...

Persistent link: https://www.econbiz.de/10011921997