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impact of market-based deregulation in the context of the U.S. electricity sector. We find that the increase in markups … dominates despite modest efficiency gains, leading to higher consumer prices. Deregulation does not necessarily reduce prices …
Persistent link: https://www.econbiz.de/10012514582
) monopoly thesis. Recently, however, a trend towards deregulation of such industries has been observed. This trend started with … the economies of scale have disappeared as a result of emerging new technologies. The successful deregulation in … substantial. Moreover, in addition to the deregulation process, the electricity sector is also subject to other changes such as …
Persistent link: https://www.econbiz.de/10003285766
Persistent link: https://www.econbiz.de/10013137110
Persistent link: https://www.econbiz.de/10002221124
Three decade ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation in … prices and increased quality, reliability, and scope of services. This book shows that we now have only partial deregulation …
Persistent link: https://www.econbiz.de/10014047844
We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...
Persistent link: https://www.econbiz.de/10010320387
We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...
Persistent link: https://www.econbiz.de/10005645390
jumped after deregulation, and new types of complaints such as unauthorized switching of service (“slamming”) arose. Failure … existing customer base. Higher prices for low- income consumers: Since deregulation begain in 1990, there has been a marked …
Persistent link: https://www.econbiz.de/10005076594
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10011553026
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10012979689