-specific dynamics, and most rely on Electricity Information Administration (EIA) price data that does not account for riders and … electricity bill data from the Public Utilities Commission of Ohio (PUCO), this paper provides a multi-utility panel regression …

most policy objectives. In fact, gas and electricity market unbundling and/or liberalization imply higher degrees of … European gas and electricity markets are rationally aligned to the corresponding countries' divergent levels of 1) security, 2 …

Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are …-reducing, EU law requires unbundling (separation) of the VIU networks. However, the EU allows its member states the choice between … incomplete (legal) and complete (ownership) unbundling. There is tantalizing anecdotal evidence that VIUs have tried to influence …

In the EU electricity industry, many Vertically Integrated Utilities (VIUs) have ownership both of electricity …

decreased. These results are of interest for regulators of the EU electricity industry. The extant EU regulatory framework … Vertically Integrated Utilities (VIUs) to have ownership of generating and transmission activities. When electricity generators … activities, is in the position of a privileged bidder. The VIU will secure a higher profit, while competing electricity …

Despite efforts made by European Commission to liberalize electricity markets and foster integration, there are still … Union's electricity directives, being ahead of several older member states in this area. However, reforms have not started …

Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel … procurement practices by coal- and natural gas-fired electricity generating plants in the United States following state …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a …