Debido a las crisis fiscales y productivas que asolaron a los países de América Latina y del Caribe durante la década de 1980, se buscó la participación de agentes privados en los sectores de agua potable y saneamiento. Hasta esa década, el sector estaba regulado y administrado por el...

Many electric utilities in the United States own rate regulated and non-rate regulated subsidiaries. The rate regulated subsidiaries enjoy legal monopolies and a right to a return on their capital investments but are only allowed to charge regulatorily authorized rates. The non-rate regulated...

Motivated by recent interventions by the states of New Jersey and Maryland and the introduction of PJM's Minimum Offer Price Rule (MOPR) for capacity markets, we analyze the impact of subsidized government investments in electrical generation on electricity markets. We extend the model of Joskow...

El objetivo de este artículo es contrastar si las políticas de liberalización del sector ferroviario, promovidas desde la Comisión Europea para incrementar el peso relativo del transporte ferroviario respecto a otros modos de transporte, han tenido efecto en la eficiencia productiva de los...

En este ensayo, se concluye la necesidad y urgencia de llevar a cabo un paquete de medidas, preferiblemente de forma consensuada en un pacto de estado, para paliar o eliminar los graves problemas del sector y cumplir, a nivel satisfactorio, con los tres principios aceptados de seguridad de...

We collect ownership data of U.S. power plants accounting for 99% of U.S. electricity generation over the 2008-2020 period. Domestic listed corporations have reduced their ownership from 69% to 54% of total generation, while private equity, institutional investors, and foreign corporations have...

The Russian Federation is in the process of making major structural changes to its railway and electricity sectors. Both sectors will be at least partly vertically disintegrated, with the aim of creating competition in the "upstream" sector while maintaining state ownership and control of the...

This study evaluates a proposed investment in wind power generation using real options from the regulatory framework applicable to the German market (Europe's largest producer of renewable energy). For this evaluation, we have modelled the primary uncertainties affecting the project and we have...

Despite the incentives of incumbent domestic listed corporations (DLCs) in the electricity generation industry, private equity, institutional investors, and foreign corporations have played an outsized role in financing the energy transition. These new entrants are twice as likely to create...

This paper examines the likely market for electrical energy storage from a market viewpoint, taking market prices as given and determining the extent to which a strategy of arbitrage across the day, buying at the lowest price times at night and selling at the highest times during the early...