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Three decade ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation in the electricity, gas delivery, and telecommunications industries. The strategy called for restructuring to separate production from the transmission and distribution, followed...
Persistent link: https://www.econbiz.de/10014047844
Through the end of the twentieth century, the most critical regulatory issue facing electric utilities was stranded costs, which can be defined as those costs that the utilities were permitted to recover through their rates but whose recovery may have been impeded or prevented by the advent of...
Persistent link: https://www.econbiz.de/10014125590
From Project economics prospective, EE options are seen as"no regrets" policies, since their net financial cost can be negative, i.e., the measures are justified purely on high financial returns. The justifiable factor is aligning programs to behavioral attitudes for utility's financial...
Persistent link: https://www.econbiz.de/10013003148
The research question addressed by this paper is a simple one: are European consumers happy with the services provided by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States. The variables we analyse are consumers' satisfaction...
Persistent link: https://www.econbiz.de/10012731102
This article considers whether African utility regulators can draw useful lessons from the British experience over the past thirty years. We focus on three features that are considered key properties of the British regulatory model: price-cap incentive regulation, independent regulatory agencies...
Persistent link: https://www.econbiz.de/10013016493
Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately rewarded from unsubsidised revenues while maintaining quality, and restructuring that permits effective competition for the network services. The potential for success and the...
Persistent link: https://www.econbiz.de/10013319459
The research question addressed by this paper is a simple one: are European consumers happy with the services provided by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States. The variables we analyse are consumers' satisfaction...
Persistent link: https://www.econbiz.de/10010312433
This paper discusses the economic referentials which underlie public intervention. First part presents our institutional approach. This one goes away from works based on rules as constraints or contracts between individualities. Our approach is based on rules as relations between actors which...
Persistent link: https://www.econbiz.de/10005395029
We analyze the evaluations of California energy-efficiency programs to assess the effectiveness of these evaluations in: 1) improving our understanding of their performance and 2) providing a check on utility incentives to overstate energy savings. We find that third-party evaluations are useful...
Persistent link: https://www.econbiz.de/10014196128
In this paper we especially focus on the issue of incentives to invest in relation to forced sharing of essential facilities and infrastructure in developing markets, where innovation plays a key role. We evaluate the economic consequences of third party access to the obliged to grant access...
Persistent link: https://www.econbiz.de/10013068822