coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 … underlined with lessons from (European) electricity and railways. …What is a good balance between competition and coordination in network industries? Network unbundling aims to promote …

The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our …-term changes and the long-term impact on competition in the electricity market as well as the impact on costs and security of … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …

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

Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are …-reducing, EU law requires unbundling (separation) of the VIU networks. However, the EU allows its member states the choice between … incomplete (legal) and complete (ownership) unbundling. There is tantalizing anecdotal evidence that VIUs have tried to influence …

could not find any evidence that (ownership) unbundling and incentive regulation affect R&D expenditures of the utilities. …&D spending of electricity utilities. Building on a panel data set including the biggest European utilities from eight EU … of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and …

In the EU electricity industry, many Vertically Integrated Utilities (VIUs) have ownership both of electricity …

-specific dynamics, and most rely on Electricity Information Administration (EIA) price data that does not account for riders and … electricity bill data from the Public Utilities Commission of Ohio (PUCO), this paper provides a multi-utility panel regression …

Despite efforts made by European Commission to liberalize electricity markets and foster integration, there are still … Union's electricity directives, being ahead of several older member states in this area. However, reforms have not started …

Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel … procurement practices by coal- and natural gas-fired electricity generating plants in the United States following state …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a …

the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were … translate into changes in conduct, unbundling of generation, private ownership, expanded access to transmission networks, and … the introduction of electricity markets impact the performance measures in a statistically significant way, on average …