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The Effects on the Development and Growth of Firms by Omitting a Regulatory Impact Analysis for Legacy Contracts that Participate in the Mexican Electricity Market
Mariscal, Elisa V.; Elbittar, Alexander; Cortes, Josefina - 2021
This paper is a law and economics analysis about the effects of the recent decision to exempt Mexico's energy regulator from a regulatory impact analysis. This occured in spite of receiving an opinion from the competition authority about competition effects of changing the rules of the game for...
Persistent link: https://www.econbiz.de/10013241991
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When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation
Cicala, Steve - 2013
Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a … under cost-of-service regulation. I then show that the drop in the price of coal is associated with a reallocation of …
Persistent link: https://www.econbiz.de/10014153006
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The Impact of Regulatory Change on EU Energy Utility Returns : The Three Liberalization Packages
Tulloch, Daniel J. - 2017
The European Union's (EU) energy sector is changing due to major policy reforms. In this article, we examine the impact of major legislative changes which were designed to induce competition in the energy sector: the three liberalization packages. Competition was expected to benefit the industry...
Persistent link: https://www.econbiz.de/10012949854
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Competition in Germany's minute reserve power market : an econometric analysis
Haucap, Justus; Heimeshoff, Ulrich; Jovanovic, Dragan - 2012
; Minute Reserve Power ; Regulation ; Productive Efficiency ; Welfare …
Persistent link: https://www.econbiz.de/10009667279
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How to spend it : a proposal for a European Covid-19 recovery programme
Creel, Jérôme; Holzner, Mario; Saraceno, Francesco; … - 2020
The Recovery Fund recently proposed by the EU Commission marks a sea-change in European integration. Yet it will not be enough to meet the challenges Europe faces. There has been much public debate about financing, but little about the sort of concrete projects that the EU should be putting...
Persistent link: https://www.econbiz.de/10012232869
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A vision of the European energy future? : the impact of the German response to the Fukushima earthquake
Grossi, Luigi; Heim, Sven; Waterson, Michael - 2014
The German response to the Fukushima nuclear power plant incident was possibly the most significant change of policy towards nuclear power outside Japan, leading to a sudden and very significant shift in the underlying power generation structure in Germany. This provides a very useful natural...
Persistent link: https://www.econbiz.de/10010388537
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When Competition Plays Clean : How Electricity Market Liberalization Facilitated State-level Climate Policies in the United States
Lee, Nathan - 2019
Why do some governments adopt policies to mitigate climate change while others do not? In this study, I illustrate the importance of industrial organization in shaping prospects for climate mitigation policy. Using a generalized difference-in-differences analysis, I show that U.S. states that...
Persistent link: https://www.econbiz.de/10012900366
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The Electricity System at the Crossroads - Policy Choices and Pitfalls
Mattoon, Rick - 2003
varying levels of regulation. By 2000, almost half of the states were pursuing some form of restructuring. However, several …
Persistent link: https://www.econbiz.de/10014089461
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A fair price for energy? : ownership versus market opening in the EU15
Fiorio, Carlo V.; Florio, Massimo - 2010
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10003985907
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Quantifying the Long‐Term Economic Benefits of European Electricity System Integration
Schmid, Eva; Knopf, Brigitte - 2014
This paper analyses a set of model‐based decarbonization scenarios in order to quantify the long‐term economic benefits that arise from an increasing integration of the pan‐European electricity system. It thereby focuses on the interplay between transmission infrastructure and renewable...
Persistent link: https://www.econbiz.de/10014149497