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This book analyses the impact of electricity market reform on investment in the power industry. It considers the implications of more open and competitive markets for the security of electricity supply. Some of electricity’s uses are essential components of modern life. Security of electricity...
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Electricity serves as a vital input to modern economies. Many critical infrastructures such transportation, telecommunications, banking, among others, depend on continuous supply of electricity to perform their functions. However, as modern economies continue to move towards digitalization and...
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This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated firms respond to this increase in uncertainty by...
Persistent link: https://www.econbiz.de/10010464693
Mots-clés de l'autrice: energy policy ; electricity markets ; market liberalization ; technology restrictions ; energy modeling ; top-down model ; bottom-up model ; soft-link coupling ; general equilibrium
Persistent link: https://www.econbiz.de/10011903119
Legacy electricity retail tariffs are ill-adapted to future electricity systems and markets, particularly with regard to accommodating the multi-faceted shift toward decarbonisation. We examine how retail tariffs need to be reformed to not only meet the future revenue requirements of...
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