Compared to traditional cost-of-service (COS) regulation, electricity retail competition may lead to lower costs but … higher markups. Thus, the net effect on electricity retail prices is ambiguous. This paper uses a difference … long run. Overall, retail compettion does not seem to deliver lower electricity prices to retail customers across the board …

We look at the effects of restructuring on three issues: (a) economic surplus and environmental quality, (b) the cost … the SIP Call region. We find that without the NOx cap, nationwide restructuring leads to higher NOx and carbon emissions … from the electricity sector. Adding either a seasonal or an annual NOx cap-and-trade regime in the eastern United States …

generation performance standard as alternative approaches for distributing carbon emission allowances in the electricity sector …. We solve a detailed national electricity market model and find the auction is roughly one-half the societal cost of the … competition in the electricity sector. The differences in the cost of the approaches flow from the effect of each approach on …

her energy market; namely, electricity, natural gas, petroleum and liquefied petroleum gas industries, which requires … privatization, liberalization as well as a radical restructuring of these industries. However, there is no consensus that the … also lists some policy suggestions with crucial importance. Since the rapid electricity demand growth is the most …

) emissions from electricity generation in the eastern U.S. Under each of 18 scenarios examined, we find an annual policy would …

generation performance standard as alternative approaches for distributing carbon emission allowances in the electricity sector …. We solve a detailed national electricity market model and find the auction is roughly one-half the societal cost of the … competition in the electricity sector. The differences in the cost of the approaches flow from the effect of each approach on …

Europe is liberalising electricity in accordance with the European Commission’s Electricity Directives. Different … countries have responded differently, notably in the extent of restructuring, treatment of mergers, market power, and vertical … Emissions Trading system could further transform the electricity industry but may be hampered by slow progress in liberalising …