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A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems
Twomey, P.; Green, R.; Neuhoff, K.; Newbery, D. - Faculty of Economics, University of Cambridge - 2005
The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing definitions, strategies and methods of mitigating market power we examine the various methods of detecting market power that have been employed...
Persistent link: https://www.econbiz.de/10005647499
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Unbundling in the Telecommunications and the Electricity Sectors: How Far should it Go?
Soares, Isabel; Sarmento, Paula - In: European Research Studies Journal XV (2012) 4, pp. 157-194
In this paper we discuss the European regulation policy regarding vertical separation in communications and electricity … industries. In the electricity sector the discussion concerns ownership unbundling while in communications the recent regulatory … debate is about functional separation. We conclude that for electricity, ownership unbundling seems to be the best option to …
Persistent link: https://www.econbiz.de/10010934437
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Unbundling in the Telecommunications and the Electricity Sectors: How Far should it Go?
Soares, Isabel; Sarmento, Paula - In: European Research Studies Journal XV (2012) Special Issue on Energy, pp. 157-194
In this paper we discuss the European regulation policy regarding vertical separation in communications and electricity … industries. In the electricity sector the discussion concerns ownership unbundling while in communications the recent regulatory … debate is about functional separation. We conclude that for electricity, ownership unbundling seems to be the best option to …
Persistent link: https://www.econbiz.de/10010663644
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The political economy of incentive regulation: Theory and evidence from US states
Guerriero, Carmine - In: Journal of Comparative Economics 41 (2013) 1, pp. 91-107
The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …
Persistent link: https://www.econbiz.de/10010662548
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Bringing Citizens Back In: Renewing Public Service Regulation
Clifton, Judith; Díaz-Fuentes, Daniel; Fernández … - Volkswirtschaftliche Fakultät, … - 2011
across populations, and that specifically targeted “bottom-up” regulation from the demand-side could usefully address these …
Persistent link: https://www.econbiz.de/10009283800
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Transmission Policy in the United States
Joskow, P.L. - Faculty of Economics, University of Cambridge - 2004
This paper provides an overview of the development of electric power transmission access, pricing and investment policies in the U.S. over the last 15 years and evaluates the current state of those policies. It includes a discussion of pre-liberalisation transmission access and pricing policies,...
Persistent link: https://www.econbiz.de/10005489323
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International Perspectives on Electricity Market Monitoring and Market Power Mitigation
García, José A.; Reitzes, James D. - In: Review of Network Economics 6 (2007) 3, pp. 397-424
We review the different market monitoring and market-power mitigation policies that arise in world electricity markets. Regulators for electricity markets apparently respond to differences in underlying market structure and design features when choosing between ex-ante (that is, rule-based)...
Persistent link: https://www.econbiz.de/10005489998
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Reference Models and Incentive Regulation of Electricity Distribution Networks: An Evaluation of Sweden’s Network Performance Assessment Model (NPAM)
Jamasb, T.; Pollitt, M. - Faculty of Economics, University of Cambridge - 2007
The world-wide electricity sector reforms have led to a search for alternative and innovative approaches to regulation … regulation models based on efficiency benchmarking of the electricity network utilities. While most regulators have opted adopted … used in regulation of distribution networks in Sweden and compares these with those of frontier-based benchmarking methods …
Persistent link: https://www.econbiz.de/10005647375
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Heterogeneous effects of regulation on the efficiency of the electricity industry across European Union countries
Pompei, Fabrizio - In: Energy Economics 40 (2013) C, pp. 569-585
This paper focuses on the relationship between the stringency of regulation (OECD indicators) and total factor … in which the negative impact of the overall regulation on productivity is the result of opposite forces. Estimation … results tell us that only the stringency of entry regulation significantly reduces technological change, whereas vertical …
Persistent link: https://www.econbiz.de/10010718758
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Issues and Options for Restructuring Electricity Supply Industries
Newbery, D. - Faculty of Economics, University of Cambridge - 2002
. Inadequate regulation or political control lead to low prices that undermine the finance of investment and give poor incentives … for management and operation. The paper argues that regulation must be carefully designed to provide efficient incentives … benefit consumers. The paper discusses the evidence for these claims, the circumstances required for full unbundling and …
Persistent link: https://www.econbiz.de/10005113808