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The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by diverging economic performances, corruption levels or government ideologies, this paper suggest another potential reason for cross-national differences in market reforms: given...
consumer interests: theoretically analyzing the decisions an authority takes on both the unbundling regime and the grid charge … the government, though, results suggest the authority to be indifferent between Legal and Ownership Unbundling; minor … consumer-oriented goals to always implement Ownership Unbundling. For a regulator acting in the interests of the industry or …
consumer interests: theoretically analyzing the decisions an authority takes on both the unbundling regime and the grid charge … the government, though, results suggest the authority to be indifferent between Legal and Ownership Unbundling; minor … consumer-oriented goals to always implement Ownership Unbundling. For a regulator acting in the interests of the industry or …
Ownership unbundling and third party access are discussed as two options of unbundling in both the literature and … unbundling and third party access regimes on customer prices. Substantially different results are found using dynamic rather than … static analysis. In particular, negative short term effects of ownership unbundling found in static models are approximately …
The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …" to "fat legal unbundling"; additional steps beyond that are small, both in benefits and in costs. Second, the benefits of …
What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
reforms is the introduction of an unbundling process, i.e., the separation of the competitive activities of supply and … production from the monopole activity of transmission and distribution of electricity. There are several forms of unbundling …: functional, legal and ownership. New Zealand, for instance, adopted an ownership unbundling in 1998. As discussed in the …
The EU has been promoting unbundling of the transmission grid from other stages of the electricity supply chain with … the aim of fostering competition in the upstream stage of electricity generation. At presence, ownership unbundling is the … predominant form of unbundling in Europe. However, the benefits of increased competition from ownership unbundling of the …
Independent regulatory authorities are a basic prerequisite for a successful liberalization process. However, contrary to what is expected, both graphical analyses and OLS regressions for a small sample of electricity and gas regulators operating in 16 European countries reveal a negative...
Strommarkt. Aktuell steht eine Intensivierung des Unbundling-Regimes auf der regulierungspolitischen Agenda, die bereits im …