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consumer interests: theoretically analyzing the decisions an authority takes on both the unbundling regime and the grid charge … consumer-oriented goals to always implement Ownership Unbundling. For a regulator acting in the interests of the industry or … the government, though, results suggest the authority to be indifferent between Legal and Ownership Unbundling; minor …
Persistent link: https://www.econbiz.de/10013029089
consumer interests: theoretically analyzing the decisions an authority takes on both the unbundling regime and the grid charge … consumer-oriented goals to always implement Ownership Unbundling. For a regulator acting in the interests of the industry or … the government, though, results suggest the authority to be indifferent between Legal and Ownership Unbundling; minor …
Persistent link: https://www.econbiz.de/10011324709
The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …" to "fat legal unbundling"; additional steps beyond that are small, both in benefits and in costs. Second, the benefits of …
Persistent link: https://www.econbiz.de/10010423531
coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be …
Persistent link: https://www.econbiz.de/10010423547
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … empirical evidence that unbundling eliminates economies of vertical integration while empirical evidence on price reducing …
Persistent link: https://www.econbiz.de/10012850827
competition; on the other hand in the Third Energy Package, unbundling constitutes a measure of the sector specific regulation …In this paper we will examine the issue of ownership unbundling and forced divestiture remedies imposed in a series of … divestiture remedy has been imposed under the provisions of Article 9 of Regulation 1/2003. This divestiture refers to …
Persistent link: https://www.econbiz.de/10014187735
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … empirical evidence that unbundling eliminates economies of vertical integration while empirical evidence on price reducing …
Persistent link: https://www.econbiz.de/10011932606
application of antitrust law to industries under the scope of sectoral regulation. Second, the preferred unbundling method … promote and protect competition in electricity and gas markets. This is done by imposing rules regarding the ‘unbundling’: the … imposed TPA and the different unbundling models. The contribution shows that both regimes have pursued a similar policy …
Persistent link: https://www.econbiz.de/10014114788
involved players. Mainstream economists suggest that unbundling of both the transmission (TX) network and the interconnections … compared to costs of unbundling (Kaserman and Mayo, 1991; Kwoka, 2002). Recent literature underlines that net effect is … empirical analysis to evaluate whether, and to what extent, unbundling measures are related to the increase of grid investments …
Persistent link: https://www.econbiz.de/10013142394
The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by diverging economic performances, corruption levels or government ideologies, this paper suggest another potential reason for cross-national differences in market reforms: given...
Persistent link: https://www.econbiz.de/10010492456