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differences between demand and supply, and the likely increase of electricity demand, an improvement of power transmission …This work compares the different decarbonization strategies of the power sector in China, the European Union and the … United States, by considering the historical evolution of electricity generation and the current situation. Such a comparison …
Persistent link: https://www.econbiz.de/10012665607
encompasses both the sociotechnical transformation of the German electricity system and the reorganization of the sector …’s ownership structure. In this paper, we present a Capital-as-Power (CasP) based analysis, investigating industrial path …-dependency and innovation as part of the dialectics of power and sociotechnical change in capitalism. According to CasP, dominant …
Persistent link: https://www.econbiz.de/10015047639
positively correlated with the lagged price level in settings where market power is likely to be particularly strong (UK on … under certain conditions, these volatility-price patterns can be used to identify the exercise of market power … different degrees of market competition, as the evidence seems to suggest. Price fluctuations are modelled as the outcome of …
Persistent link: https://www.econbiz.de/10010328635
Market and Power The relationship between the market and private power is a tense one. Picturing a market "free of … dominance" on which all power is neutralised is naive, simply because ownership represents a great basis of power upon which a …. However, the market itself still represents the best strategy for disempowerment, combatting inert or old-fashioned firms or …
Persistent link: https://www.econbiz.de/10014523752
The welfare gain to consumers from the introduction of personal computers is estimated here. A simple model of consumer demand is formulated that uses a slightly modified version of standard preferences. The modification permits marginal utility, and hence total utility, to be finite when the...
Persistent link: https://www.econbiz.de/10010292344
this new framework to investments in the electricity sector. In particular, a real options model is used to assess the … adoption decision of particular technologies under uncertainty. These technologies are coal-fired power plants, biomassfired … power plants and onshore wind mills, and they are representative of technologies based on fossil fuels, biomass and …
Persistent link: https://www.econbiz.de/10010294022
-based regulation of access charges for electricity grids enhances competition in the downstream-market. The paper shows that the … field by means of a cost-based regulation of access charges always creates competition in the downstream-market. The paper … also derives the welfare effects of both the liberalization of the downstream-market and the cost-based regulation. …
Persistent link: https://www.econbiz.de/10010296926
Consider a market with switching costs that is initially served by a monopolistic incumbent. How can a competitor … successfully enter this market? We show that an offer to undercut the incumbent by a fixed margin serves this purpose. This …
Persistent link: https://www.econbiz.de/10010300418
improvements. In Albania, production and supply of electricity (for the time span of our analyzes) was controlled by KESH … (Korporata Energjitike Shqiptare - Albanian Energy Corporation) which is a quasi- monopoly in the supply of electricity in … Albania, and it is publicly run. Throughout the transition, supply of electricity, due to various technical and economic …
Persistent link: https://www.econbiz.de/10010300840
vertically integrated input monopolist to discriminate third parties on the downstream market. Currently, this is an issue in … network industries like telecommunications, electricity and railways and has sparked off a controversy in the literature. The … of the downstream market and the efficiency of the competitors as compared to the integrated firm's downstream subsidiary …
Persistent link: https://www.econbiz.de/10010305103