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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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A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems
Twomey, P.; Green, R.; Neuhoff, K.; Newbery, D. - Faculty of Economics, University of Cambridge - 2005
The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing definitions, strategies and methods of mitigating market power we examine the various methods of detecting market power that have been employed...
Persistent link: https://www.econbiz.de/10005647499
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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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Cable Regulation in the Internet Era
Crawford, Gregory S - C.E.P.R. Discussion Papers - 2013
television regulation in light of these developments. It surveys the dismal empirical record on the effects of price regulation …
Persistent link: https://www.econbiz.de/10011084592
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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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Can Producers Apply a Capacity Cutting Strategy to Increase Prices? The Case of the England and Wales Electricity Market
Tashpulatov, Sherzod; Lizal, Lubomir - Center for Economic Research and Graduate Education and … - 2012
Promoting competition among electricity producers is primarily targeted at ensuring low electricity prices for consumers. Producers could, however, withhold part of production facilities (i.e., apply a capacity cutting strategy) and thereby push more expensive production facilities to satisfy...
Persistent link: https://www.econbiz.de/10010842939
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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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Security of the European Electricity Systems: Conceptualizing the Assessment Criteria and Core Indicators
Jamasb, T.; Nepal, R. - Faculty of Economics, University of Cambridge - 2012
The electricity systems have a central role to play in the transition towards a low carbon economy and integration of renewable energy sources in the European Union. However, the European electricity networks face a diverse set of existing and new risks that can hamper the energy security of...
Persistent link: https://www.econbiz.de/10010699837