To cope with the increasing electricity demand and to overcome the supply shortage of electricity, it is imminent that investments be made on the electricity generation sector on a large scale in Indonesia. This paper attempts to investigate the causal relationship between electricity generation...

This study attempts to estimate the economic value of residential electricity use in the Republic of Korea. According to micro-economic theory, the economic benefit of residential electricity consumed is the sum of the actual residential electricity price and the additional WTP (willingness to...

Faced with ever-increasing demand for electricity, policymakers in South Korea plan to introduce a new tariff regime that properly reflects the varying costs of generation in the wholesale power market. Since it is crucial to have supporting empirical evidence for this regime, this study...