Showing 1 - 10 of 3,237
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
state sovereignty for electricity regulation and a wide-reaching market opening for private investors and electricity …
Persistent link: https://www.econbiz.de/10014113734
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
in India. The Indian electricity regulation provides an opportunity to do comparative analysis of the approaches taken by …
Persistent link: https://www.econbiz.de/10013150025