direction, from ratepayers to investors, that occur when (a) utilities are allowed to charge market prices for electricity based … of stranded benefits, which benefits them and their investors at the expense of electricity consumers, who have had … the sum of stranded benefits and the transaction costs associated with any compensation scheme. Similarly, electricity …

The Russian Federation is in the process of making major structural changes to its railway and electricity sectors …

changes in the design and regulation of the transmission system will not deliver the dramatic price reductions that led … and throughout most of New England remain high because transmission constraints prevented low-cost generators from selling …

The article discusses the lessons that can be gleaned from experience to date with electricity restructuring. Long … need for regulatory oversight in electricity markets because they will remain especially vulnerable to the exercise of … responsiveness. Thus, restructuring in electricity markets is not now, and is unlikely to be, synonymous with deregulation …

electricity sector. Part one is a juridical insight focusing first on Community rules, in particular Directive 96/92, which … provides for common rules for the internal electricity market, and then on the recent Italian implementation decree No. 79 of … 1999. The review takes into account the separation of the electricity sector - adopted by the Community legislator as well …

circles both for its content and the potential consequences to the gas and electricity markets. However, little has been said …

In an oligopoly market subject to environmental regulation through tradable pollution permits, polluters' output … implications of oligopoly behavior in the Pennsylvania, New Jersey, and Maryland electricity market. Air pollution fell … substantially during 1999, the year in which both electricity restructuring and a tradable permit system took effect. Surprisingly …

electricity auctions. This paper presents an intuitive account of current understanding and shows how welfare losses depend on the … restrictions on the offer curves in wholesale electricity auctions …

This paper provides a review on the restructuring of electricity markets around the word including the UK, Norway …, Continental Europe, and the US. The focus of this review lies on aspects of competitiveness and regulation in generation and … transmission markets and market design, whereas distribution and retail are not pursued in detail. Furthermore, an overview about …