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Author : Machiel Mulder,Victoria Shestalova,Mark G. Lijesen
Publisher : Unknown
Page : 112 pages
File Size : 42,5 Mb
Release : 2005*
Category : Electric utilities
ISBN : IND:30000101951337
Author : Fereidoon P. Sioshansi,Wolfgang Pfaffenberger
Publisher : Elsevier
Page : 688 pages
File Size : 49,6 Mb
Release : 2006-04-13
Category : Technology & Engineering
ISBN : 0080462715
Since the late 1980s, policy makers and regulators in a number of countries have liberalized, restructured or “deregulated their electric power sector, typically by introducing competition at the generation and retail level. These experiments have resulted in vastly different outcomes - some highly encouraging, others utterly disastrous. However, many countries continue along the same path for a variety of reasons. Electricity Market Reform examines the most important competitive electricity markets around the world and provides definitive answers as to why some markets have performed admirably, while others have utterly failed, often with dire financial and cost consequences. The lessons contained within are direct relevance to regulators, policy makers, the investment community, industry, academics and graduate students of electricity markets worldwide. Covers electicity market liberalization and deregulation on a worldwide scale Features expert contributions from key people within the electricity sector
Author : Daniel Scholten
Publisher : Eburon Uitgeverij B.V.
Page : 292 pages
File Size : 50,9 Mb
Release : 2012
Category : Clean energy industries
ISBN : 9789059726307
Author : Malcolm Abbott
Publisher : Routledge
Page : 251 pages
File Size : 47,9 Mb
Release : 2016-05-12
Category : Business & Economics
ISBN : 9781134837717
In recent years, natural gas has become a major source of energy, with trade across borders increasing through both pipelines and as Liquefied Natural Gas (LNG). Owing to this global development, this book traces the development of the gas supply industry, from localised to national industries and national industries to a major global industry. It looks at the basic economics and origins of the industry, as well as the role of the government in its development and relation to international markets. The book highlights certain economic characteristics such as the industry’s vertical and horizontal structure, the composition of consumer demand and the role of government in safety, planning and investment. With the understanding of the industry's long term development, the book helps to illustrate the relationship between natural gas producers and importers of LNG. This book would be of interest to scholars majoring in resource economics and energy economics, as well as to international practitioners in the natural gas market.
Author : Onur Demir
Publisher : Springer Nature
Page : 277 pages
File Size : 40,8 Mb
Release : 2020-03-21
Category : Business & Economics
ISBN : 9789811520273
This book investigates the overall natural gas reform performance of Turkey, addressing both shortfalls and setbacks that have prevented Turkey from the fulfillment of the regulatory implementation since 2001, and how the prospectively liberalised natural gas market can effectively operate at all levels. Although eighteen years have passed since the introduction of the first legislation as a basis for a more liberalised Turkish natural gas market, the completion of the reform process still suffers from a lack of enforcement. The book offers recommendations to address this, the main one being that policy makers should give due consideration to the consolidation of EMRA’s independent role with appropriate safeguards laid out to prevent attempts of regulatory misuse. The book concludes by suggesting that there is a compelling need to move forward with a consolidated reform sooner rather than later if Turkey genuinely wishes to take a leadership position in the race to become an efficient gas hub and be part of Europe’s single energy market.
Author : Ignacio J. Pérez-Arriaga
Publisher : Springer Science & Business Media
Page : 735 pages
File Size : 45,9 Mb
Release : 2014-02-26
Category : Business & Economics
ISBN : 9781447150343
Regulation of the Power Sector is a unified, consistent and comprehensive treatment of the theories and practicalities of regulation in modern power-supply systems. The need for generation to occur at the time of use occasioned by the impracticality of large-scale electricity storage coupled with constant and often unpredictable changes in demand make electricity-supply systems large, dynamic and complex and their regulation a daunting task. Arranged in four parts, this book addresses both traditional regulatory frameworks and also liberalized and re-regulated environments. First, an introduction gives a full characterization of power supply including engineering, economic and regulatory viewpoints. The second part presents the fundamentals of regulation and the third looks at the regulation of particular components of the power sector in detail. Advanced topics and subjects still open or subject to dispute form the content of Part IV. In a sector where regulatory design is the key driver of both the industry efficiency and the returns on investment, Regulation of the Power Sector is directed at regulators, policy decision makers, business managers and researchers. It is a pragmatic text, well-tested by the authors’ quarter-century of experience of power systems from around the world. Power system professionals and students at all levels will derive much benefit from the authors’ wealth of blended theory and real-world-derived know-how.
Author : OECD
Publisher : OECD Publishing
Page : 197 pages
File Size : 41,9 Mb
Release : 2008-02-19
Category : Electronic
ISBN : 9789264045941
OECD's periodic survey of the Danish economy. After examining some of the key challenges faced by Denmark, the survey looks in more detail at the fiscal strategy; promoting employment and inclusiveness; tax reform, hours worked and growth; health ...
Author : Subhash C. Ray,Robert G. Chambers,Subal C. Kumbhakar
Publisher : Springer Nature
Page : 1797 pages
File Size : 50,8 Mb
Release : 2022-06-02
Category : Business & Economics
ISBN : 9789811034558
This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.
Author : Anonim
Publisher : World Bank Publications
Page : 152 pages
File Size : 51,5 Mb
Release : 1999-01-01
Category : Business & Economics
ISBN : 0821344838
Hungary and Kazakhstan have privatized a large portion of their electric power and natural gas industries, but have followed different strategies. In contrast, the other former socialist countries in Central and Eastern Europe have privatized almost none. Has the privatization in these two countries been a success? What lessons can other countries learn from their experience? These countries began their reforms from different starting points. The Hungarian power and gas sectors had a long history of being relatively well managed. In contrast, Kazakhstan inherited pieces of the old systems that were designed to serve the needs of the Soviet Union and had to develop new organizations to manage the system. 'Privatization of the Power and Natural Gas Industries in Hungary and Kazakhstan' analyzes how each country dealt with the key issues involved in the restructuring and privatization of the power and gas sectors. These issues include: industry structure, wholesale market, labor and management relations, regulatory framework, privatization objecties, and privatization methods.
Author : Jean-Michel Glachant,Dominique Finon,Adrien De Hauteclocque
Publisher : Edward Elgar Publishing
Page : 335 pages
File Size : 45,7 Mb
Release : 2011
Category : Business & Economics
ISBN : 9781849804806
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 : John Vickers,George K. Yarrow
Publisher : MIT Press
Page : 476 pages
File Size : 49,5 Mb
Release : 1988
Category : Business & Economics
ISBN : 0262720116
The process of selling assests and enterprises to the private sector raises questions about natural monopolies, the efficiency and equity of state-owned versus privately owned enterprises, and industrial policy. This comprehensive analysis of the British privatization program explores these questions both theoretically and empirically.
Author : Machiel Mulder
Publisher : Springer Nature
Page : 361 pages
File Size : 45,5 Mb
Release : 2020-10-16
Category : Business & Economics
ISBN : 9783030583194
This textbook explains the main economic mechanisms behind energy markets and assesses how governments can implement policies to improve how these markets function. Adopting a micro-economic perspective, the book systematically analyses the various types of market failures on the electricity and gas markets as well as coal, oil, hydrogen and heat markets to identify government policies that can improve welfare. These shortcomings include the natural monopoly and the public-good character of energy infrastructures; market power resulting from inflexibility of supply and demand; international trade restrictions; negative externalities concerning the use of fossil energy; positive externalities concerning innovative new energy technologies; information asymmetries with regard to the product characteristics of energy commodities; and other public concerns, such as energy poverty. In turn, readers will learn about various measures that governments can use to address these market failures, including incentive regulation for electricity grids; international integration of wholesale energy markets; environmental regulatory measures like emissions trading schemes; subsidy schemes for new technologies; green-energy certificate schemes; and energy taxes. Given its scope, the book will appeal to upper-undergraduate and graduate students from various disciplines who want to learn more about the economics and regulation of energy systems and markets.
Author : Jean-Michel Glachant
Publisher : Edward Elgar Publishing
Page : 383 pages
File Size : 45,9 Mb
Release : 2009-01-01
Category : Business & Economics
ISBN : 9781848446052
. . . this volume comes across as one of the most profound sources on the specifics of European electricity market restructuring. Competition and Regulation in Network Industries The SESSA study on the Internal Energy Market was an important and influential contribution towards the Commission s proposal for a third package of proposals, intending to bring more effective competition and better security of supply to Europe s energy markets. This volume, based on the results of the study is an important and welcome contribution to the ongoing debate on these proposals. Andris Piebalgs, Commissioner for Energy at the European Commission The chapters in this book are written by the leading European scholars who have studied the structure, behavior and performance of liberalised electricity markets in many European countries as well as in other regions of the world. Both the analyses and the policy recommendations contained in this volume are well worth careful consideration by policymakers in Europe, as well as by policymakers in other countries that are seeking to adopt successful electricity sector liberalisation programs. From the foreword by Paul L. Joskow, Massachusetts Institute of Technology, US Dynamism or dissipation? Competition or national champions? Will enlargement promote or delay reform? Energy economists contemplate the challenges posed by the restless and discontent European Commission. Stephen Littlechild, University of Birmingham and Judge Institute for Management Studies, University of Cambridge, UK The challenge of European electricity reform is being met, although gradually, delays notwithstanding. This book provides precious help in spotting where the necessary further efforts should be directed. In the US mistakes and delays have occurred, no less than in Europe, but an aggressive federal regulator (absent in Europe) is working to overcome them. Electricity markets do not happen, they have to be built. Here are suggestions for a workable European market design. No ideology, just competence and wisdom from both theory and experience. Will Europe learn? Pippo Ranci, Università Cattolica del Sacro Cuore, Italy The realisation of a European internal market for energy is still a work in progress. Written by leading European scholars and discussed with major energy stakeholders, this book presents a thorough analysis of the motives and methods needed to achieve a single European energy market. The authors discuss the critical issues surrounding an internal European energy market including: market design, competition and market power, sustainable energy versus the market, regulation and harmonisation, benchmarking and indicators, modelling of competition, market prices and energy forecasts. They provide a multi-disciplinary assessment of the best way to build the market base of a future European energy policy. Electricity Reform in Europe will be of great interest to decision makers and managers in the energy industry or business sector as they will be able to see the whole European energy policy picture beyond their own corporate interests. The book will also appeal to national and European energy administrations, regulatory bodies and policy makers providing a synthesis of all relevant policy issues.
Author : Han Phoumin,Rabindra Nepal,Fukunari Kimura,Gazi Salah Uddin,Farhad Taghizadeh-Hesary
Publisher : Springer Nature
Page : 304 pages
File Size : 42,6 Mb
Release : 2022-09-19
Category : Business & Economics
ISBN : 9789811942662
This book combines the fundamentals of industrial organization theories based on microeconomic foundations, applied econometrics and environmental and natural resource economics in undertaking a comprehensive review of reforms of the power sector and its impact on industrial and socio-economic performance. The book provides the reader with the intellectual groundwork necessary for understanding the workings and interactions of today’s reforming power markets such as in the ASEAN and East Asia that are striving to achieve the energy policy trilemma of affordability, energy sustainability and energy security. The topics addressed in this book include application of welfare theorems such as competition in and for the market in the electricity sector, market failures such as lack of electricity access, analysis of forecasting models under volatility, energy resource allocation such as renewable energy and competitive market designs of energy markets. Country-specific and region-specific case studies are used to analyze the progress and outcomes of market-driven electricity reforms across the reforming and advanced electricity markets. Therefore, the book derives policy lessons and provides policy recommendations in reforming power markets for the ASEAN and East Asia taking stock of more than three decades of global experience with power sector reforms. The electricity markets case studies are carefully chosen and supported by extensive data analyses as appropriate. This book on energy economics and policy is highly recommended to readers who seek an in-depth and up-to-date integrated overview about the evolving literature and status on electricity market reforms with a particular reference to Asia.
Author : OECD
Publisher : OECD Publishing
Page : 95 pages
File Size : 48,9 Mb
Release : 2001-08-10
Category : Electronic
ISBN : 9789264193604
This publication explores the nature and impact of rules which affect the structure of public utility industries.
