From Regulation To Competition New Frontiers In Electricity Markets

Author : Michael A. Einhorn
Publisher : Springer Science & Business Media
Page : 286 pages
File Size : 52,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401113687

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From Regulation to Competition: New frontiers in electricity markets by Michael A. Einhorn Pdf

Electric utilities throughout the world continue to face new challenges involving ownership, market structure, and regulation. There are three related issues at hand. First, should ownership be private or public? Second, what operations should be integrated and where is competition feasible? Third, where is regulation necessary and can it be made more efficient? This volume bears directly upon these concerns. The book contains two sections. The first six articles discuss the British electricity experiment that has privatized and disintegrated the nation's generation, transmission, and distribution companies, introduced market competition for power purchases, and implemented incentive regulation for monopolized transmission and distribution grids. The remaining articles focus on the theater in which significant microeconomic issues will continue to emerge, most immediately in the U.K. and U.S.A. -- the coordination and pricing of transmission.

Author : Maria Kopsakangas-Savolainen,Rauli Svento
Publisher : Springer Science & Business Media
Page : 142 pages
File Size : 45,9 Mb
Release : 2012-03-30
Category : Technology & Engineering
ISBN : 9781447129721

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Modern Energy Markets by Maria Kopsakangas-Savolainen,Rauli Svento Pdf

Energy has moved to the forefront in terms of societal and economic development. Modern Energy Markets is a comprehensive, economically oriented, exploration of modern electricity networks from production and distribution to deregulation and liberalization processes. Updating previous work by the authors, different aspects are considered resulting in a complete and detailed picture of the systems and characteristics of modern electricity markets. Modern Energy Markets provides clear detail whilst encompassing a broad scope of topics and includes: •A method to model energy production systems including the main characteristics of future demand side management, •Different applications of this model in nuclear and renewable energy scenarios, •An analysis of Real-Time Pricing of electricity and its potential effects across the market, and, •A discussion of the need for regulation in an easily monopolized industry. Engineering and Economics students alike will find that Modern Energy Markets is a succinct and informative resource, as will researchers interested in environmental and energy issues. The inclusion of timely and relevant issues related to economic decision will also be of value to industry and civil officials.

Author : François Lévêque
Publisher : Edward Elgar Publishing
Page : 319 pages
File Size : 40,5 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9781847204356

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Competitive Electricity Markets and Sustainability by François Lévêque Pdf

This book responds to the opening up of electricity markets to competition, which has completely changed the nature of power generation. The building of new generation and transmission capacity and the setting of the energy mix between nuclear, gas and renewable resources are mainly left to private initiative and investors. The authors and the editor of this book explore whether or not market forces offer a sustainable future for electricity generation. They employ economic theory and method to answer questions such as: Will the market be able to ensure adequacy of generation capacity and secu.

Author : CPB Netherlands Bureau for Economic Policy Analysis
Publisher : Springer Science & Business Media
Page : 593 pages
File Size : 50,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642609008

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Challenging Neighbours by CPB Netherlands Bureau for Economic Policy Analysis Pdf

Challenging Neighbours provides wide coverage of the German and Dutch economies, from an institutional point of view. Pensions, competition policy, labour relations, corporate governance, and health care are among the topics for which the institutional setting and performance of Germany and the Netherlands are compared. The difficulties and successes the countries have in facing pressures from aging population, developments in technology, and global competition are traced back to their institutional roots, and lead to mutual lessons for institutional reform for German and Dutch policy makers.

Author : Adrienne Kwaczek,K. Morgan MacRae,Canadian Energy Research Institute
Publisher : Calgary : Canadian Energy Research Institute
Page : 180 pages
File Size : 45,7 Mb
Release : 1996
Category : Technology
ISBN : STANFORD:36105020402884

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Charting New Frontiers by Adrienne Kwaczek,K. Morgan MacRae,Canadian Energy Research Institute Pdf

Author : Hung-po Chao,Hillard G. Huntington
Publisher : Springer Science & Business Media
Page : 213 pages
File Size : 44,9 Mb
Release : 2013-12-01
Category : Business & Economics
ISBN : 9781461555476

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Designing Competitive Electricity Markets by Hung-po Chao,Hillard G. Huntington Pdf

The authors are prominent economists, operation researchers, and engineers who have been instrumental in the development of the conceptual framework for electric power restructuring both in the United States and in other countries. Rather than espousing a particular market design for the industry's future, each author focuses on an important issue or set of issues and tries to frame the questions for designing electricity markets using an international perspective. The book focuses on the economic and technical questions important in understanding the industry's long-term development rather than providing immediate answers for the current political debates on industry competition.

Author : Jean-Michel Glachant,Dominique Finon,Adrien De Hauteclocque
Publisher : Edward Elgar Publishing
Page : 335 pages
File Size : 40,8 Mb
Release : 2011
Category : Business & Economics
ISBN : 9781849804806

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Competition, Contracts and Electricity Markets by Jean-Michel Glachant,Dominique Finon,Adrien De Hauteclocque Pdf

This book fills a gap in the existing literature by dealing with several issues linked to long-term contracts and the efficiency of electricity markets. These include the impact of long-term contracts and vertical integration on effective competition, generation investment in risky markets, and the challenges for competition policy principles. On the one hand, long-term contracts may contribute to lasting generation capability by allowing for a more efficient allocation of risk. On the other hand, they can create conditions for imperfect competition and thus impair short-term efficiency. The contributors – prominent academics and policy experts with inter-disciplinary perspectives – develop fresh theoretical and practical insights on this important concern for current electricity markets. This highly accessible book will strongly appeal to both academic and professional audiences including scholars of industrial, organizational and public sector economics, and competition and antitrust law. It will also be of value to regulatory and antitrust authorities, governmental policymakers, and consultants in electricity law and economics.

Author : Jeremy Lin,Fernando H. Magnago
Publisher : John Wiley & Sons
Page : 352 pages
File Size : 42,6 Mb
Release : 2017-08-30
Category : Science
ISBN : 9781119179368

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Electricity Markets by Jeremy Lin,Fernando H. Magnago Pdf

A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques Electricity Markets: Theories and Applications offers students and practitioners a clear understanding of the fundamental concepts of the economic theories, particularly microeconomic theories, as well as information on some advanced optimization methods of electricity markets. The authors—noted experts in the field—cover the basic drivers for the transformation of the electricity industry in both the United States and around the world and discuss the fundamentals of power system operation, electricity market design and structures, and electricity market operations. The text also explores advanced topics of power system operations and electricity market design and structure including zonal versus nodal pricing, market performance and market power issues, transmission pricing, and the emerging problems electricity markets face in smart grid and micro-grid environments. The authors also examine system planning under the context of electricity market regime. They explain the new ways to solve problems with the tremendous amount of economic data related to power systems that is now available. This important resource: Introduces fundamental economic concepts necessary to understand the operations and functions of electricity markets Presents basic characteristics of power systems and physical laws governing operation Includes mathematical optimization methods related to electricity markets and their applications to practical market clearing issues Electricity Markets: Theories and Applications is an authoritative text that explores the basic concepts of the economic theories and key information on advanced optimization methods of electricity markets.

Author : John E. Kwoka Jr.
Publisher : Springer Science & Business Media
Page : 200 pages
File Size : 40,5 Mb
Release : 2007-08-28
Category : Business & Economics
ISBN : 9780585229652

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Power Structure by John E. Kwoka Jr. Pdf

Power Structure examines the effects on economic performance of several key features of the U.S. electric power industry. Paramount among these are public versus private ownership, vertical integration versus deintegration, and retail competition versus monopoly distribution. Each of these, as well as other structural characteristics of utilities and their markets, are analyzed for their effects on costs and price. These issues are important for a number of reasons. The U.S. electric power industry is presently embarking on a fundamental restructuring in terms of integration and competition. In other countries, privatization of state-owned enterprises is being viewed as the answer to unsatisfactory performance. From a longer perspective, the question of the relative performance of publicly owned versus privately owned utilities in the U.S. has never been resolved. And despite much speculation there is little reliable evidence as to the importance of either vertical integration or competition.

Author : Sebastian Eyre,Michael G. Pollitt
Publisher : Unknown
Page : 0 pages
File Size : 40,5 Mb
Release : 2016
Category : Competition
ISBN : 1783479779

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Competition and Regulation in Electricity Markets by Sebastian Eyre,Michael G. Pollitt Pdf

Featuring an original introduction by the editors, these carefully-selected essays explore the main issues surrounding competition and regulation in electricity markets. The industry is experiencing irresistible forces of change, driven by energy policy objectives; a reassessment of market regulation in the face of high-energy prices; and the response to consumer pressure to agree on what constitutes a fair price for energy. This volume identifies the key articles that underpin the debate across the industries supply chain (generation, supply and networks) from a regulatory perspective (including market power and incentive regulation). The collection then considers the overall impact of liberalisation and future developments.

Author : Michael U. Klein
Publisher : World Bank Publications
Page : 40 pages
File Size : 47,8 Mb
Release : 1996
Category : Communication and traffic
ISBN : 8210379456XXX

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Competition in Network Industries by Michael U. Klein Pdf

Author : Sebastian Frankenberger
Publisher : Springer Science & Business Media
Page : 397 pages
File Size : 45,7 Mb
Release : 2007-10-29
Category : Business & Economics
ISBN : 9783835093508

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Management of Regulatory Influences on Corporate Strategy and Structure by Sebastian Frankenberger Pdf

Sebastian Frankenberger analyses how regulatory actors influence corporate strategies and structures and how corporations may proactively manage regulatory involvement. He presents a theoretical framework that integrates market and political strategies and shows how corporations may influence institutional processes that impact their scope of operations. He also suggests options how management can navigate their business within institutional boundaries and how market and political strategies may be coordinated.

Author : Mario Baldassarri,A. Macchiati,D. Piacentino
Publisher : Springer
Page : 291 pages
File Size : 55,9 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349252558

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The Privatization of Public Utilities by Mario Baldassarri,A. Macchiati,D. Piacentino Pdf

The privatization of public utilities raises several complex issues. The privatization decision involves not only the transfer of ownership from the public to the private sector, and thus the design of appropriate selling procedures (with regard to valuation of assets, flotation of shares, etc), but also, and most importantly, it appears to require the adjustment of significant features of the industrial organization and the regulatory framework. This volume focuses on the two related questions of why and how to proceed to privatization.

Author : Sebastian Eyre
Publisher : Unknown
Page : 976 pages
File Size : 43,6 Mb
Release : 2016
Category : Electric power
ISBN : 1784716294

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Competition and Regulation in Electricity Markets by Sebastian Eyre Pdf

This timely research review explores the main issues surrounding competition and regulation in electricity markets. The industry is experiencing irresistible forces for change driven by energy policy objectives; a reassessment of market regulation in the face of high energy prices and the response to consumer pressure to agree on what constitutes a fair price for energy. This research review identifies the key articles that underpin the debate across the industries supply chain (generation, supply and networks) and from a regulatory perspective (including market power and incentive regulation) followed by a consideration of the overall impact of liberalisation and future developments.

Author : Tsu-Tan Fu,Cliff J. Huang,C. A. Knox Lovell
Publisher : Edward Elgar Publishing
Page : 472 pages
File Size : 47,6 Mb
Release : 2002-02-26
Category : Business & Economics
ISBN : 1782542582

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Productivity and Economic Performance in the Asia-Pacific Region by Tsu-Tan Fu,Cliff J. Huang,C. A. Knox Lovell Pdf

'. . . this voluminous book is well put together and clearly worth a read.' - Renuka Mahadevan, ASEAN Bulletin Following on from their previous book Economic Efficiency and Productivity Growth in the Asia-Pacific Region, the authors in this volume analyse the economic performance of many of the major economies in the Asia-Pacific region including Taiwan, Thailand, Singapore, Korea, Indonesia, Hong Kong, China and Japan. They examine economic and productivity growth, competitiveness and efficiency developments in the region. An introductory essay by the editors surveys recent economic developments in the region whilst introducing and cohesively integrating the chapters that follow. The studies employ a variety of modern analytical constructs and empirical techniques of open economy growth accounting as well as the measurement of productivity change, technical change and economic efficiency. A number of the chapters examine the entire region while others focus exclusively on a nation or industry. Several chapters study the causes and consequences of the financial crises in the region in 1997 from a recent historical perspective.