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Product Market Competition and Upstream Innovation : Theory and Evidence from the US Electricity Market Deregulation

Sanyal, Paroma - 2015

organizational structure. Second, we use the US electricity deregulation in the 1990's to test the model. Using patents as a metric … for innovation, we identify two channels through which the effects of deregulation are transmitted to innovation: (a) the … appropriation effect which has decreased innovation by 19.5 percent after deregulation, and (b) the competition effect which has …

Persistent link: https://www.econbiz.de/10012749984

Privatising Network Industries

Newbery, David M. G. - 2021

Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately rewarded from unsubsidised revenues while maintaining quality, and restructuring that permits effective competition for the network services. The potential for success and the...

Persistent link: https://www.econbiz.de/10013319459

Regulation, Industry Structure and Performance in the Electricity Supply Industry

Steiner, Faye - 2000

This paper seeks to assess the impact of liberalisation and privatisation on performance in the generation segment of the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were constructed to examine the influence of regulatory reform...

Persistent link: https://www.econbiz.de/10012446021

Electricity market operation : transitioning from a free market to a single buyer structure

Daglish, Toby; Bragança, Gabriel Godofredo Fiuza de; … - 2016

We examine electricity market reform in Brazil: from the 1990s till 2004 the largely hydro-powered market cleared using a market mechanism, and in March 2004 reformed to a single buyer structure. We model monthly log price differences using a two-state Markov Switching model, allowing water...

Persistent link: https://www.econbiz.de/10012059460

Political economy of reform and regulation in the electricity sector of Sub-Saharan Africa

Imam, Mahmud I.; Jamasb, Tooraj; Llorca, Manuel - 2020

As part of electricity sector reforms, Sub-Saharan African countries have established independent regulatory agencies to signal legal and political commitment to end selfregulation and provision of service by the state. The reforms aimed to encourage private investments, improve efficiency, and...

Persistent link: https://www.econbiz.de/10012194362

Cross-border electricity interconnectors in the EU : the status quo

Brunekreeft, Gert; Meyer, Roland - 2018

An important goal of the European Commission is the promotion of the internal energy market (here specifically electricity), which requires sufficient and adequate cross-border interconnector capacity. However, cross-border interconnector capacity is scarce and, more importantly, the progress of...

Persistent link: https://www.econbiz.de/10011797725

Agglomerative Magnets and Informal Regulatory Networks: Electricity Market Design Convergence in the USA and Continental Europe

Weinmann, Jens - Robert Schuman Centre for Advanced Studies (RSCAS), … - 2007

The absence of one broadly accepted design template for liberalised electricity markets induces regulatory competition and institutional diversity. Focussing on continental Europe and the USA, this analysis explores how agents and structures accelerate or impede the move to one standard market...

Persistent link: https://www.econbiz.de/10005212024

Utilities: deregulated or re-regulated?

Schwarz, Jiří - In: Prague Economic Papers 2003 (2003) 1

deregulation. At the core of deregulation processes, not only in the EU, but also in the US, lies the replacement of old …, along with half-implemented EU deregulation directives, have led to specifically re-regulated utility markets. The new forms … of regulation applied in the process of deregulation have served only to preserve the market protection of former state …

Persistent link: https://www.econbiz.de/10005256926

Deregulation, vertical unbundling and the performance of China's large coal-fired power plants

Zhao, Xiaoli; Ma, Chunbo - In: Energy Economics 40 (2013) C, pp. 474-483

, we study the impact of this deregulation reform on the operational efficiency for a balanced panel of 34 large power …

Persistent link: https://www.econbiz.de/10010868793

Electricity markets stabilized following the energy crisis : 80 percent renewable energy and coal phase-out by 2030 are possible

Kendziorski, Mario; Barner, Lukas; Kemfert, Claudia; … - In: DIW weekly report : economy, politics, science : a … 14 (2024) 16/17/18, pp. 129-136

The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity supply remained secure following the shutdown of nuclear power...

Persistent link: https://www.econbiz.de/10014536114