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investment. -- regulation ; competition ; market integration ; investment ; electricity … to invest compared to autarky. The investment levels remain inefficient though. With generation facilities over-investment … occurs sometimes, while systematic under-investment occurs for transportation facilities. Free-riding reduces the incentives …
Persistent link: https://www.econbiz.de/10009571212
to invest compared to autarky. The investment levels remain inefficient though. With generation facilities over-investment … occurs sometimes, while systematic under-investment occurs for transportation facilities. Free-riding reduces the incentives … investment. …
Persistent link: https://www.econbiz.de/10010283608
The capacity of the transmission network determines the extent of integration of a multi-national energy market. Cross-border externalities render coordination of network capacity valuable. Is it then optimal to collect powers in the hands of a single regulator? Should a common system operator...
Persistent link: https://www.econbiz.de/10013069265
Persistent link: https://www.econbiz.de/10010531293
to invest compared to autarky. The investment levels remain inefficient, however, especially for transportation … tends to decrease the capacity to finance new investment …
Persistent link: https://www.econbiz.de/10011395777
Persistent link: https://www.econbiz.de/10010532513
to invest compared to autarky. The investment levels remain inefficient though. With generation facilities over-investment … occurs sometimes, while systematic under-investment occurs for transportation facilities. Free-riding reduces the incentives … investment …
Persistent link: https://www.econbiz.de/10013104162
to invest compared to autarky. The investment levels remain inefficient, however, especially for transportation … tends to decrease the capacity to finance new investment. …
Persistent link: https://www.econbiz.de/10012560098
to invest compared to autarky. The investment levels remain inefficient, however, especially for transportation … tends to decrease the capacity to finance new investment …
Persistent link: https://www.econbiz.de/10012966114
Prices may differ between regional markets if transport capacities are limited. We develop a new approach to determine to which extent such differences stem from limited participation in cross-border trader rather than from bottlenecks. We derive a theoretical integration benchmark for the...
Persistent link: https://www.econbiz.de/10010365847