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It is well-understood that the success of liberalizing the electricity supply industry depends crucially on the quality and design of the regulatory and institutional framework. This paper analyses the regulatory arrangements that underpin the work of the Australian Energy Regulator (AER). These...
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This paper is a critical assessment of the current balance of efforts towards energy research and development (R&D) and the promotion of low-carbon electricity technologies in the UK. We review the UK's main technological options and their estimated cost ranges in the medium term. We contrast...
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On both sides of the Atlantic, the regulation of gas transmission networks has undergone major changes since the early 1990s. Whereas in the US, the long-standing regime of cost-plus regulation was complemented by increasing pipe-to-pipe competition, most European countries moved towards...
Persistent link: https://www.econbiz.de/10005219444
Electricity sector reforms across the world have led to a search for innovative approaches to regulation that promote efficiency in the natural monopoly distribution networks and reduce their service charges. To this aim, a number of countries have adopted incentive regulation models based on...
Persistent link: https://www.econbiz.de/10005219649
In recent years, the security of energy supplies has re-emerged as a central issue in the energy policy arena in the UK and elsewhere. This re-emergence takes place against a backdrop of increased liberalisation of the energy markets, so that security of supply needs to be revisited within this...
Persistent link: https://www.econbiz.de/10005255492
Price of oil is important for the economies of oil exporting and oil importing countries alike. Therefore, insight into the likely future behaviour and patterns of oil prices can improve economic planning and reduce the impacts of oil market fluctuations. This paper aims to improve the...
Persistent link: https://www.econbiz.de/10010753251
The South Asia Region (SAR) continues to face electricity shortages, underinvestment and challenges to improve energy access. Strengthening cooperation for cross-border electricity trade in South Asia makes it possible for the region to take advantage of significant benefits from greater...
Persistent link: https://www.econbiz.de/10012864349