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Railways Reform and Electricity Reform in Russia, and the Role of the Ministry for Antimonopoly Policy
Pittman, Russell W. - 2003
" sector while maintaining state ownership and control of the monopoly "grid". This paper examines the details of reform and … restructuring in the context of the international experience with reform and restructuring in these two sectors, and considers the … role of the Ministry for Antimonopoly Policy in reform, both in the past as an "advocate for competition" within the …
Persistent link: https://www.econbiz.de/10014075403
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Idiosyncratic risk and the cost of capital : the case of electricity networks
Schober, Dominik; Schäffler, Stephan; Weber, Christoph - 2014
We analyze the treatment and impact of idiosyncratic or firm-specific risk in regulation. Regulatory authorities regularly ignore firm-specific characteristics, such as size or asset ages, implying different risk exposure in incentive regulation. In contrast, it is common to apply only a single...
Persistent link: https://www.econbiz.de/10010234037
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Idiosyncratic Risk and the Cost of Capital – The Case of Electricity Networks
Schober, Dominik - 2014
We analyze the treatment and impact of idiosyncratic or firm-specific risk in regulation. Regulatory authorities regularly ignore firm-specific characteristics, such as size or asset ages, implying different risk exposure in incentive regulation. In contrast, it is common to apply only a single...
Persistent link: https://www.econbiz.de/10013059866
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Restructuring Russia's Electricity Sector : Towards Effective Competition or Faux Liberalisation?
Tompson, William - 2004
Russia in 2003 embarked on the restructuring of its electricity sector. The reform is intended to introduce competition … with non-discriminatory third-party access to the networks. The ultimate aim of the reform is to create conditions that … approach embodied in the reform is promising. However, there remains a serious risk that its aims could be subverted by special …
Persistent link: https://www.econbiz.de/10012444056
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Restructuring the Russian Electricity Sector : Re-Creating California?
Pittman, Russell W. - 2005
The Russian Federation has begun the restructuring of its electricity sector, following the now standard restructuring model of complete vertical separation of generation from transmission, with the aim of creating competition in regional wholesale generation markets. This paper examines the...
Persistent link: https://www.econbiz.de/10014062390
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Restructuring Russia's Electricity Sector : Towards Effective Competition or Faux Liberalisation?
Tompson, William - 2004
Russia in 2003 embarked on the restructuring of its electricity sector. The reform is intended to introduce competition … with non-discriminatory third-party access to the networks. The ultimate aim of the reform is to create conditions that … approach embodied in the reform is promising. However, there remains a serious risk that its aims could be subverted by special …
Persistent link: https://www.econbiz.de/10014068233
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Powering up cleaner choices : a study on the heterogenous effects of social norm-based electricity pricing on dirty fuel purchases
Turdaliev, Salim - 2023
Russia. The study demonstrates that despite the design of the IBT being based on prescribed social norms and accounting for …
Persistent link: https://www.econbiz.de/10014250666
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Cost-Benefit Estimation of the Smart Grid Development for the Russian Unified Power System
Veselov, Fedor - 2015
The paper is devoted to the issue of smart power system cost-benefit analysis. The innovative character of smart grids is defined and related obstacles for traditional cost-benefit assessment are revealed, primarily referred to external effects evaluation. Brief systematization of existing...
Persistent link: https://www.econbiz.de/10013012313
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Vertical Restructuring of the Infrastructure Sectors of Transition Economies
Pittman, Russell W. - 2003
it to the railroad, electricity, and telecommunications sectors in Russia, Lithuania, Romania, and Poland …
Persistent link: https://www.econbiz.de/10014124546
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The impact of the regulatory reform process on R&D investment of European electricity utilities : conference paper
Schmitt, Stephan; Kucsera, Denes - 2013 - This version: 25.10.2012
The aim of this paper is to give deeper insights into the impact of regulatory reforms and privatization on R&D spending of electricity utilities. Building on a panel data set including the biggest European utilities from eight EU-countries over a period from 1985 until 2010, we find a strong...
Persistent link: https://www.econbiz.de/10010337284