Showing 1 - 10 of 3,169
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
The future of Germanys electricity regulation is still an open question. This paper deals with alternative …
Persistent link: https://www.econbiz.de/10011475164
institutional design of the regulation. Within this context, the recent legal developments on the European and the German level are … on the current design of regulation. …
Persistent link: https://www.econbiz.de/10011475621
Climate regulation of the electricity sector is one of the most important growing — and rapidly changing — areas of law … from the electricity sector. It does so through detailed, comparative accounts of climate regulation of electricity in four … analysis section identifies key lessons learned to date about climate regulation of electricity globally …
Persistent link: https://www.econbiz.de/10012955867
regulator, access to information, efficient cost and price regulation, customer engagement and protection and third party access …
Persistent link: https://www.econbiz.de/10012993063
This study analyses the expansion of the EU into energy market regulation. It shows that the limits to EU influence and …, thereby, EU energy market regulation for the internal energy market, begin where EU influence affects national interests with … further development of EU energy market regulation as a cornerstone of the internal energy market faces a particular policy …
Persistent link: https://www.econbiz.de/10014174478
We argue that information asymmetries between regulators and firms increase the administrative decision costs of initiating new policies due to the costs of satisfying evidentiary or “burden of proof” requirements. We further contend that regulators with better information about regulated...
Persistent link: https://www.econbiz.de/10014201122
The traditionally large and sunk nature of utility investments gives rise to the possibility, if not the likelihood, of opportunistic behavior on the part of either regulators or regulated firms. In this paper, we develop a theoretical model to provide insights into this possibility, then employ...
Persistent link: https://www.econbiz.de/10014159347
Jarrell (1978) found that electricity prices rose in states that adopted state regulation before 1917, suggesting that … regulation more credibly protected specialized utility assets from regulatory opportunism than did the municipal franchise … between capacity and prices shifted upward under state regulation, potentially consistent with either explanation. At the same …
Persistent link: https://www.econbiz.de/10014089827
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