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Regulatory Threat in Vertically Related Markets; The Case of German Electricity
Brunekreeft, G. - Faculty of Economics, University of Cambridge - 2002
contrast to other European member states, there is no ex-ante regulation of network access charges. Instead, network access … relies on industrial self-regulation and ex-post control by the Cartel Office. The paper modifies the concept of regulatory …
Persistent link: https://www.econbiz.de/10005783729
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Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets
Brown, David - Department of Economics, University of Alberta - 2014
I analyze the ability of capacity payment mechanisms to alleviate underinvestment in electricity generation capacity. I derive the optimal capacity payment parameters under two capacity payment mechanisms, when capacity demand is price-elastic and when it is price-inelastic. Price-elastic...
Persistent link: https://www.econbiz.de/10011267841
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Ownership Unbuilding in Electricity Markets - A Social Cost Benefit Analysis of the German TSO'S
Brunekreeft, G. - Faculty of Economics, University of Cambridge - 2008
This paper presents a social cost benefit analysis of ownership unbundling (as compared to legal und functional … unbundling) of the electricity transmission system operators in Germany. The study relies on the Residual Supply Index for its … effect of unbundling on capacity are of crucial importance. Overall, for the base-case, the net weighted discounted social …
Persistent link: https://www.econbiz.de/10005783773
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Regulation, Competition and Investment in the German Electricity Market: RegTP or REGTP
Brunekreeft, G.; Twelemann, S. - Faculty of Economics, University of Cambridge - 2005
The German energy industries will be subjected to regulation of network access enforced by a sector-specific regulator … resulted in a margin squeeze. The government currently discusses whether to use rate-of-return or incentive regulation, to …
Persistent link: https://www.econbiz.de/10005113873
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Moving Towards a More Dynamic Business Sector in Spain
Pandiella, Alberto González - Economics Department, Organisation de Coopération et … - 2014
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation...
Persistent link: https://www.econbiz.de/10011276814
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Electricity and telecoms reforms in the EU: Insights from the economics of federalism
Trillas, Francesc - IESE Business School, Universidad de Navarra - 2010
The economics of federalism is a broad discipline with more than five decades of experience. It may shed light on how regulatory jurisdiction is allocated in EU electricity and telecommunications markets. Specifically, this paper assesses the evolution of reform up to and including the third EU...
Persistent link: https://www.econbiz.de/10008641477
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La regolazione nel settore elettrico: complessità crescente, a vantaggio di chi?
Solimene, Laura - In: ECONOMIA E POLITICA INDUSTRIALE 36 (2009) 4, pp. 37-61
<em>Increasing complexity in electricity regulation: who benefits?</em> - After a short description of the evolution of … incentive regulation, this paper explores some of the issues arisen with its implementation in the electricity sector both in …
Persistent link: https://www.econbiz.de/10008504065
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Enhancing Brazil's Regulatory Framework for Network Industries: The Case of Electricity, Oil and Gas, and Water and Sanitation
Almeida, Edmar Fagundes de; Mulder, Nanno - Economics Department, Organisation de Coopération et … - 2005
This paper assesses Brazil’s regulatory framework and agencies for several network industries (electricity, oil and gas, and water and sanitation). Private investment can be encouraged by tackling regulatory uncertainty in many areas. To this end, recent initiatives include a new regulatory...
Persistent link: https://www.econbiz.de/10005046170
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Transparency in Electricity Markets
Fehr, Nils-Henrik M. von der - Økonomisk institutt, Universitetet i Oslo - 2013
The European Commission is introducing new regulations on submission and publication of data in electricity markets (SPDEM) and on wholesale energy market integrity and transparency (REMIT). I discuss issues relevant for undertaking an evaluation such regulations. I argue that, for market...
Persistent link: https://www.econbiz.de/10010785505
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‘UK domestic energy contracts, the 28 day rule, and experience in Sweden’
Littlechild, S. - Faculty of Economics, University of Cambridge - 2004
In the UK, domestic customers must be able to terminate energy contracts at 28 days’ notice. This has been seen as a transitional protection for customers and for competition. This paper reviews the arguments for and against the 28 day rule, and examines the extent to which UK suppliers have...
Persistent link: https://www.econbiz.de/10005783746