Purpose – The purpose of this paper is to shed light on the governance choices of firms operating in the electricity distribution network operation activities. The study aims to consider both costs and benefits of different governance choices and to examine which of the activities could be...

Purpose – The objective of the paper is to analyse the economic justification of introducing deregulation to Israel's regulated electricity market and infer whether such a policy change makes sense for the country. Design/methodology/approach – The paper employs an analytical model of...

Purpose – Liberalisation of the European electricity sector has allowed the industrial consumers to freely choose their electricity suppliers. Proliferation of different contract proposals for such supply means that all proposals need to be carefully evaluated for correct supplier renewal...

Purpose – To investigate the extent to which the contracting mechanisms instituted by the 2004 reform, in particular power auctions, have solved the investment hurdles created by the first reform. Design/methodology/approach – The paper analyses the characteristics of Brazilian contracting...

Purpose – The regulation model used by Agência Nacional de Energia Elétrica (ANEEL) (Brazilian National Agency of Electric Energy) brings together the incentive regulation approach (price cap) and benchmarking practices to establish the “efficient” operational costs of regulated...

Purpose – One of the most pressing questions facing small‐island development states (SIDS) is the appropriate way in which to operate and manage their infrastructure industries. After all SIDS are faced with high cost of infrastructure due to the narrow markets and diseconomies of scale and...

Purpose – This study aims to present preliminary results from an integrated evaluation of electricity supply systems for rural areas using renewable energy technologies by means of a multi‐objective decision making method Design/methodology/approach – Goal programming is applied to obtain...

Purpose – In recognition of the urgency of the global need to reduce CO 2 emissions from the electricity sector, the purpose of this paper is to analyze the cost‐effectiveness of nuclear power and fossil‐fuel‐based power with and without the provision of carbon capture and storage in...

Purpose – The purpose of this paper is to develop an optimal bidding strategy for a generation company (GenCo) in the network constrained electricity markets and to analyze the impact of network constraints and opponents bidding behavior on it. Design/methodology/approach – A bi‐level...

Purpose – The aim of this paper is to assess the state of spot price convergence between several European electricity day‐ahead markets. Design/methodology/approach – The concept of a fully integrated market is developed through the arbitrage relationship in which spot prices at one...