Meeting the energy needs of technology firms and creating adequate power supplies for the new economy is an issue of national and state importance. Proximity to reliable, cheap power and adequate transmission is a critical factor driving companies' decisions on where to locate and grow. Colorado...

Limited electricity restructuring has occurred in Canada. This chapter focuses on the electricity sector restructuring initiatives of Canada's most populous province, Ontario, examining the province's restructuring process and experiences, the aftermath of re-regulation and the lessons learned....

This paper examines the short-lived electricity sector restructuring initiative of the province of Ontario, Canada's largest province. In May 2002, following years of planning and consultation Ontario opened its retail and wholesale electricity markets to competition. The summer of 2002 saw...

The Mexico road to power reform has been a political zigzag toward an undelivered reform, current executive initiative keep several key factors intact all of which are obstacles toward a future broad electricity market. The current political openness is creating a populist turn back in...

We study supply function competition among conventional power generators with different levels of flexibility. Inflexible generators commit production before uncertainties are realized, while flexible generators can adjust their production after uncertainties are realized. Both types of...

Rising feed-in from renewable energy sources decreases margins, load factors, and thereby profitability of conventional generation in several electricity markets around the world. At the same time, conventional generation is still needed to ensure security of electricity supply. Therefore,...

As part of the debate about globalization and regionalization, this paper adds a perspective that has so far remained underexposed, that of (formerly state-owned) firms in (previously) regulated industries, in order to better understand the (changing) role of the home country/region in...

We estimate the welfare implications of a cost-reflective 'Coasian' reform of electricity network tariffs using an Irish case study. We find that current Distribution Use of System (DUoS) tariffs deviate considerably from a cost-reflective structure. At the individual level, tariff reform leads...

This paper considers the design of efficient Distribution Use of System (DUoS) tariffs for the Irish electricity distribution network. We calculate indicative costreflective 'Coasian' tariff for residential, commercial and industrial consumers. Under a cost-reflective 'Coasian' structure, non...

In 2003, the government of Ontario pledged to retire all coal-fired generation by 2007, primarily for environmental and health reasons. At the time, coal-fired generation accounted for 25 percent of the province's installed generation capacity. Removing and replacing such a significant portion...