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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/10011123663
Ownership unbundling and third party access are discussed as two options of unbundling in both the literature and … unbundling and third party access regimes on customer prices. Substantially different results are found using dynamic rather than … static analysis. In particular, negative short term effects of ownership unbundling found in static models are approximately …
Persistent link: https://www.econbiz.de/10010957589
The remainder of this reply will proceed as follow: Section II will again lay out the simple intuition of the ECPR. Section III will reprise our model and its insights. section IV wil summerize Larson's critique. Section V will provide our response. Section IV will address some global issues...
Persistent link: https://www.econbiz.de/10005101674
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
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
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
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power plant has been discussed. Different proposals of status quo point usage and ways of its determination for profit sharing both in strategic and tactical/operational negotiation...
Persistent link: https://www.econbiz.de/10005260247
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
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/10011123664