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In this paper we discuss the European regulation policy regarding vertical separation in communications and electricity … industries. In the electricity sector the discussion concerns ownership unbundling while in communications the recent regulatory … debate is about functional separation. We conclude that for electricity, ownership unbundling seems to be the best option to …
Persistent link: https://www.econbiz.de/10010663644
achieve quantitative goals for reducing energy use by a certain year. EERS policies generally apply to electricity and natural … gas sales and electricity peak demand, though they also cover other energy sources in Europe. Our study aggregates … information about the requirements of existing EERS policies for electricity sales in the United States. We convert quantitative …
Persistent link: https://www.econbiz.de/10010664190
Electricity prices in Egypt have been set significantly lower than the real economic cost of its production and supply … Egyptian electricity market and then discussing a possible peak load pricing system. According to the results, especially low …
Persistent link: https://www.econbiz.de/10010627303
We study the impact of different regulatory and ownership regimes on the dividend policy of regulated firms. Using a panel of 106 publicly traded European electric utilities in the period 1986-2010, we link payout and smoothing decisions to the implementation of different regulatory mechanisms...
Persistent link: https://www.econbiz.de/10010705942
The purpose of this study is to use real options theory to answer the following question: Is it necessary, in France, to invest in new nuclear power units or should some of the existing units be decommissioned? The theoretical model developed establishes two price thresholds which determine...
Persistent link: https://www.econbiz.de/10010706628
productivity (TFP) growth in the electricity sectors of 19 European Union countries for the period 1994–2007. Both the OECD … in which the negative impact of the overall regulation on productivity is the result of opposite forces. Estimation …
Persistent link: https://www.econbiz.de/10010718758
The current political debate on the Energiewende in Germany is no longer focused on economic and ecological aspects. Instead, concerns regarding security of supply become more and more relevant. Though current risks for security of supply are mainly driven by the situation in transmission...
Persistent link: https://www.econbiz.de/10010820110
Due to the specifics of the product electricity and electricity markets, there are considerable doubts whether „energy-only-electricity …
Persistent link: https://www.econbiz.de/10010820118
network industries like telecommunications, electricity and railways and has sparked off a controversy in the literature. The …. The insights are applied to the electricity supply industry in Germany. …
Persistent link: https://www.econbiz.de/10009151393
Requirements for the electricity network in Germany increased in recent years due to the energy transition. The … market into multiple bidding zones with deviating electricity prices. Expectations for such a design include incentives for … sources, as well as liquid electricity markets. The result would be a more efficient and economic coordination of electricity …
Persistent link: https://www.econbiz.de/10011185740