Incentive regulation needs to adapt to the emerging changes in the operating environment of the electricity networks and take into account the security of these. This paper assesses the current issues and options in economic regulation of network security across the European electricity systems....

Energy efficiency improvement is considered to be a desirable response to growing climate change and security of energy supply concerns. This paper studies the impacts of a varied set of macro-level market-oriented reforms on economy wide measure of energy efficiency across a group of transition...

It is well-understood that the success of liberalizing the electricity supply industry depends crucially on the quality and design of the regulatory and institutional framework. This paper analyses the regulatory arrangements that underpin the work of the Australian Energy Regulator (AER). These...

Liberalisation has had a marked effect on innovative activities in the electricity industry. In particular, electricity reforms have resulted in a reduction in R&D spending in the sector. R&D and patenting activities are respectively regarded as innovative inputs to and outputs from...

The world-wide electricity sector reforms of the early 1990s have revealed the complexities of introducing mark et driven reforms and making them work in network and infrastructure industries. This paper reflects on the experience to date with the process and outcomes of market-based electricity...

The need for investment in capital intensive electricity networks is on the rise in many countries. A major advantage of distributed resources is their potential for deferring investments in distribution network capacity. However, utilizing the full benefits of these resources requires...

The energy market liberalisation process in Europe is increasingly focused on electricity market integration and related cross border issues. This signals that the liberalisation of national electricity markets is now closer to the long-term objective of a single European energy market. The...

It has been more than two decades since the widespread initiation of global energy sector reforms and restructuring. However, the empirical evidence on the microeconomic, macroeconomic and quality related performance of reforms across developing countries needs to be examined considering the...