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regulatory authorities to establish price- or revenue cap regulation regimes. The increasing use of efficiency analysis in the …
Persistent link: https://www.econbiz.de/10009721855
Electricity markets vary greatly across jurisdictions, in terms of regulatory institutions, cost levels and environmental impacts. Integrating such different markets can lead to significant changes. This paper considers two jurisdictions, one with a regulated monopoly selling at average cost and...
Persistent link: https://www.econbiz.de/10013098663
What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local …
Persistent link: https://www.econbiz.de/10013319434
The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by diverging economic performances, corruption levels or government ideologies, this paper suggest another potential reason for cross-national differences in market reforms: given...
Persistent link: https://www.econbiz.de/10010492456
, while we highlight the major points concerning competition regulation, which are related to the effort for the establishment … and defines the application of European competition law to this framework of restructuring. We firstly present the … law - the general framework of the application of competition rules to energy market, under a scope of combination of …
Persistent link: https://www.econbiz.de/10013069761
consider improvements to market design and regulation as these two energy markets become increasingly interlinked. …
Persistent link: https://www.econbiz.de/10011735963
A wave of regulatory reform is now transforming the U.S. electricity industry. As state and federal authorities allow independent power producers to compete with utilities in supplying electricity, consumers are paying close attention to the effects of this change on their energy bills. Although...
Persistent link: https://www.econbiz.de/10014064654
The future of Germanys electricity regulation is still an open question. This paper deals with alternative …
Persistent link: https://www.econbiz.de/10011475164
Despite all of the talk about "deregulation" of the electricity sector, a large number of non-market mechanisms have been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market price caps, operating reserve requirements, non-price rationing protocols,...
Persistent link: https://www.econbiz.de/10014071869