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Compared to traditional cost-of-service (COS) regulation, electricity retail competition may lead to lower costs but … higher markups. Thus, the net effect on electricity retail prices is ambiguous. This paper uses a difference … long run. Overall, retail compettion does not seem to deliver lower electricity prices to retail customers across the board …
Persistent link: https://www.econbiz.de/10011266416
Long-term contracts for electricity can counter market power and reduce prices in short-term markets. If electricity …? This paper combines a model of electricity retailing and a Cournot model of competition in the wholesale markets to …
Persistent link: https://www.econbiz.de/10005783730
Persistent link: https://www.econbiz.de/10005809769
The main Nordic residential electricity markets (Norway, Sweden and Finland) effectively opened to retail competition …
Persistent link: https://www.econbiz.de/10005113796
competitive energy supplier. Over 200 communities have voted to do this for electricity. By 2004 residential switching reached 69 …
Persistent link: https://www.econbiz.de/10005113881
electricity reforms on the performance of the sector. Specifically, we investigate the effectiveness of the reforms in terms of … sector performance taking into consideration various performance indicators such as electricity access, generation per capita …
Persistent link: https://www.econbiz.de/10010911194
her energy market; namely, electricity, natural gas, petroleum and liquefied petroleum gas industries, which requires … privatization, liberalization as well as a radical restructuring of these industries. However, there is no consensus that the … also lists some policy suggestions with crucial importance. Since the rapid electricity demand growth is the most …
Persistent link: https://www.econbiz.de/10008740582
Starting in 1998, the electricity market in England and Wales will be opened up to full competition, and all consumers … will be allowed to choose their electricity supplier. This promises to result in lower prices, but there will be additional … are likely to be large transfers from electricity companies (and the coal industry) to consumers, but the companies lose …
Persistent link: https://www.econbiz.de/10005662134
In this tutorial paper, different AC and DC optimal power flow (OPF) models are presented to help understand the derivation of Locational Marginal Prices (LMPs) in restructured wholesale power markets. As a byproduct of this analysis, the paper provides a rigorous explanation of the basic LMP...
Persistent link: https://www.econbiz.de/10004969757
Persistent link: https://www.econbiz.de/10005067867