Incentive regulation needs to adapt to the emerging changes in the operating environment of the electricity networks and take into account the security of these. This paper assesses the current issues and options in economic regulation of network security across the European electricity systems....

The National Electricity Market was established in 1998 as a response to the overall deregulation and restructuring of the Australian electricity sector. The wholesale market integration effects of this establishment, however, remain to be examined. We use pairwise unit root tests, cointegration...

Energy efficiency improvement is considered to be a desirable response to growing climate change and security of energy supply concerns. This paper studies the impacts of a varied set of macro-level market-oriented reforms on economy wide measure of energy efficiency across a group of transition...

It is well-understood that the success of liberalizing the electricity supply industry depends crucially on the quality and design of the regulatory and institutional framework. This paper analyses the regulatory arrangements that underpin the work of the Australian Energy Regulator (AER). These...

What effect does firm structure have on the product service quality on offer? We answer this question by empirically assessing the impacts of complete vertical separation, such as ownership unbundling, on the quality of service delivered by a liberalized network industry. Electricity...

It has been more than two decades since the widespread initiation of global energy sector reforms and restructuring. However, the empirical evidence on the microeconomic, macroeconomic and quality related performance of reforms across developing countries needs to be examined considering the...

Economic theory suggests that market-based policies and reforms should promote energy efficiency in developing and transition countries. This paper, therefore, analyses the impacts of a varied set of market-oriented macro-level reforms on macro level energy efficiency across the transition...

It is well-understood that the success of liberalizing the electricity supply industry depends crucially on the quality and design of the regulatory and institutional framework. This paper analyses the regulatory arrangements that underpin the work of the Australian Energy Regulator (AER). These...

In 2007, Germany changed network access regulation in the natural gas sector and introduced a so-called entry-exit system. The re-regulation’s spot market effects remain to be examined. <p> We use cointegration analysis and a state space model with time-varying coefficients to study the...</p>

The incentive regulation of costs related to physical and cyber security in electricity networks is an important but relatively unexplored and ambiguous issue. These costs can be part of a cost efficiency benchmarking or alternatively dealt separately. This paper discusses the issues and...