Showing 1 - 10 of 14,336
In 2017, President Trump signed Executive Order 13771, which required that two regulations be identified for elimination each time a new federal rule is proposed. The order also created, for the first time, a system of annual regulatory budget allocations for federal agencies. On the surface,...
Persistent link: https://www.econbiz.de/10012911017
This paper is an empirical assessment of the comparative efficiency of governance structures in an environment marked by high uncertainty. We analyze the short-term impact of retail deregulation on the productive efficiency of electric utilities in the United States. We argue that there are...
Persistent link: https://www.econbiz.de/10014031113
The paper introduces insights into a methodology for developing regulation applicable to networked industries … restructuring of networked utilities in transition economies, discuss the regulation experiences that followed the implementation of … this process, and chart a method in which to establish growth-enabling liberalization through regulation. By evaluating the …
Persistent link: https://www.econbiz.de/10014192088
The paper addresses the question of pricing access to the network facilities of an incumbent firm after deregulation. Network access pricing continues to be regulated in such industries as telecommunications, railroads, electric power and natural gas. We emphasize that access prices should be...
Persistent link: https://www.econbiz.de/10014035273
This paper discusses the California electricity market debacle and asks which lessons could be drawn from the Californian experience. It analyzes the market developments and depicts the reasons for the market meltdown. It is shown that the present situation in California may be only the calm...
Persistent link: https://www.econbiz.de/10014114971
The shift to competition in utility generation is likely to generate "stranded investments," which are wealth transfers between investors and utility ratepayers. Stranded investments can take either of two forms: (1) "stranded costs" are a transfer from investors to ratepayers that occur when...
Persistent link: https://www.econbiz.de/10014087515
Persistent link: https://www.econbiz.de/10001651196
Persistent link: https://www.econbiz.de/10001389570
Persistent link: https://www.econbiz.de/10013261039
Im Mittelpunkt dieses Beitrags steht eine Analyse des kalifornischen Strommarktdebakels und der Lehren aus den dortigen Ereignissen. Das Papier geht auf die Entwicklung der Märkte ein und zeigt die Gründe für das Scheitern des kalifornischen Übergangsmodells auf. Die Analyse zeigt, dass es...
Persistent link: https://www.econbiz.de/10011474704