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Long-term contracts for electricity can counter market power and reduce prices in short-term markets. If electricity …? This paper combines a model of electricity retailing and a Cournot model of competition in the wholesale markets to …
Persistent link: https://www.econbiz.de/10005783730
The main Nordic residential electricity markets (Norway, Sweden and Finland) effectively opened to retail competition …
Persistent link: https://www.econbiz.de/10005113796
competitive energy supplier. Over 200 communities have voted to do this for electricity. By 2004 residential switching reached 69 …
Persistent link: https://www.econbiz.de/10005113881
Europe is liberalising electricity in accordance with the European Commission’s Electricity Directives. Different … countries have responded differently, notably in the extent of restructuring, treatment of mergers, market power, and vertical … Emissions Trading system could further transform the electricity industry but may be hampered by slow progress in liberalising …
Persistent link: https://www.econbiz.de/10005647479
The electricity supply industry is highly capital-intensive, whose success depends critically upon the management of …
Persistent link: https://www.econbiz.de/10005113808
Argentina was one of the first countries in the world to implement a comprehensive reform of its electricity sector in … the generation, transmission and distribution sectors, as well as the economic regulation of electricity and the general …
Persistent link: https://www.econbiz.de/10005113813
In December 1990, the twelve regional electricity companies responsible for the distribution and supply of electricity …
Persistent link: https://www.econbiz.de/10005113875
Chile was the first country in the world to implement a comprehensive reform of its electricity sector in the recent … economic regulation of electricity and the general institutional environment favourable to reform. We note that while the … for the private ownership and operation of the electricity industry. …
Persistent link: https://www.econbiz.de/10005113876
The framework proposed by Ofgem, OFT and CMA invokes a well-functioning market, but the Competition Commission has not always used such a concept, and when it has done so it has been problematic. Here, the well-functioning market is Ofgem's vision of a successful market, not anchored in any...
Persistent link: https://www.econbiz.de/10010949345
Since 2008 UK energy regulator Ofgem has imposed increasingly severe restrictions on suppliers to the domestic (residential) retail market. Initially, non-discrimination conditions aimed to “remove unfair price differentials”, particularly between suppliers’ prices between regions,...
Persistent link: https://www.econbiz.de/10011252607