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Liberalisation of network industries : is electricity an exception to the rule?
Coppens, François; Vivet, David - 2004
) monopoly thesis. Recently, however, a trend towards deregulation of such industries has been observed. This trend started with … the economies of scale have disappeared as a result of emerging new technologies. The successful deregulation in … substantial. Moreover, in addition to the deregulation process, the electricity sector is also subject to other changes such as …
Persistent link: https://www.econbiz.de/10003285766
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Cross-border electricity interconnectors in the EU : the status quo
Brunekreeft, Gert; Meyer, Roland - 2018
An important goal of the European Commission is the promotion of the internal energy market (here specifically electricity), which requires sufficient and adequate cross-border interconnector capacity. However, cross-border interconnector capacity is scarce and, more importantly, the progress of...
Persistent link: https://www.econbiz.de/10011797725
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Market Power in the Nordic Wholesale Electricity Market: A Survey of the Empirical Evidence
Fridolfsson, Sven-Olof; Tangerås, Thomas - 2008
We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...
Persistent link: https://www.econbiz.de/10010320387
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A vision of the European energy future? : the impact of the German response to the Fukushima earthquake
Grossi, Luigi; Heim, Sven; Waterson, Michael - 2014
The German response to the Fukushima nuclear power plant incident was possibly the most significant change of policy towards nuclear power outside Japan, leading to a sudden and very significant shift in the underlying power generation structure in Germany. This provides a very useful natural...
Persistent link: https://www.econbiz.de/10010388537
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Consumer Preference Not to Choose: Methodological and Policy Implications
Brennan, Timothy - 2005
Residential consumers remain reluctant to choose new electricity suppliers. Even the most successful jurisdictions, four U.S. states and other countries, have had to adopt extensive consumer education procedures that serve largely to confirm that choosing electricity suppliers is daunting....
Persistent link: https://www.econbiz.de/10005138490
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Nord Pool: A Power Market Without Market Power
Hjalmarsson, Erik - Nationalekonomiska institutionen, Handelshögskolan - 2000
Regulatory reform in the Nordic electricity-supply markets has resulted in a single integrated Nordic electricity market. This paper performs an econometric study of market power in the spot market of Nord Pool, the joint Nordic power exchange. I use a dynamic extension of the Bresnahan-Lau...
Persistent link: https://www.econbiz.de/10005651639
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Evaluation of strategy of power generation business under large-scale integration of renewable energy
Brunekreeft, Gert; Buchmann, Marius; Hattori, Toru; … - 2016
The German energy transition massively alters the market structure of electricity supply and forces incumbent electric utilities to rethink their business strategies. We analyze three main developments that undermine the former market dominance of the 'Big 4' incumbents in Germany. First,...
Persistent link: https://www.econbiz.de/10011661598
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Cross-border electricity interconnectors in the EU: The status quo
Brunekreeft, Gert; Meyer, Roland - 2018
An important goal of the European Commission is the promotion of the internal energy market (here specifically electricity), which requires sufficient and adequate cross-border interconnector capacity. However, cross-border interconnector capacity is scarce and, more importantly, the progress of...
Persistent link: https://www.econbiz.de/10011985448
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Restructuring European electricity markets: A panel data analysis
Hyland, Marie - 2015
This paper looks at the restructuring of European electricity markets that has been taking place since the 1990s. This liberalisation process, driven largely by EU legislation aiming to create a single market for electricity, has led to significant changes in how electricity markets in member...
Persistent link: https://www.econbiz.de/10011440372
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Incentives, Efficiency and Quality in Regulated Monopolies under Customer Ownership
Meade, Richard - 2015
We extend the theory of monopoly regulation under imperfect information to the case of customer, rather than investor, ownership. The firm's manager can exert two types of effort - a contractible effort to reduce costs, and a non-contractible effort to increase quality. The former decreases...
Persistent link: https://www.econbiz.de/10012624258