From Regulation to Competition: New frontiers in electricity markets

From Regulation to Competition: New frontiers in electricity markets PDF Author: Michael A. Einhorn
Publisher: Springer Science & Business Media
ISBN: 9401113688
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
Electric utilities throughout the world continue to face new challenges involving ownership, market structure, and regulation. There are three related issues at hand. First, should ownership be private or public? Second, what operations should be integrated and where is competition feasible? Third, where is regulation necessary and can it be made more efficient? This volume bears directly upon these concerns. The book contains two sections. The first six articles discuss the British electricity experiment that has privatized and disintegrated the nation's generation, transmission, and distribution companies, introduced market competition for power purchases, and implemented incentive regulation for monopolized transmission and distribution grids. The remaining articles focus on the theater in which significant microeconomic issues will continue to emerge, most immediately in the U.K. and U.S.A. -- the coordination and pricing of transmission.

From Regulation to Competition: New frontiers in electricity markets

From Regulation to Competition: New frontiers in electricity markets PDF Author: Michael A. Einhorn
Publisher: Springer Science & Business Media
ISBN: 9401113688
Category : Business & Economics
Languages : en
Pages : 286

Get Book Here

Book Description
Electric utilities throughout the world continue to face new challenges involving ownership, market structure, and regulation. There are three related issues at hand. First, should ownership be private or public? Second, what operations should be integrated and where is competition feasible? Third, where is regulation necessary and can it be made more efficient? This volume bears directly upon these concerns. The book contains two sections. The first six articles discuss the British electricity experiment that has privatized and disintegrated the nation's generation, transmission, and distribution companies, introduced market competition for power purchases, and implemented incentive regulation for monopolized transmission and distribution grids. The remaining articles focus on the theater in which significant microeconomic issues will continue to emerge, most immediately in the U.K. and U.S.A. -- the coordination and pricing of transmission.

Modern Energy Markets

Modern Energy Markets PDF Author: Maria Kopsakangas-Savolainen
Publisher: Springer Science & Business Media
ISBN: 1447129725
Category : Technology & Engineering
Languages : en
Pages : 142

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Book Description
Energy has moved to the forefront in terms of societal and economic development. Modern Energy Markets is a comprehensive, economically oriented, exploration of modern electricity networks from production and distribution to deregulation and liberalization processes. Updating previous work by the authors, different aspects are considered resulting in a complete and detailed picture of the systems and characteristics of modern electricity markets. Modern Energy Markets provides clear detail whilst encompassing a broad scope of topics and includes: •A method to model energy production systems including the main characteristics of future demand side management, •Different applications of this model in nuclear and renewable energy scenarios, •An analysis of Real-Time Pricing of electricity and its potential effects across the market, and, •A discussion of the need for regulation in an easily monopolized industry. Engineering and Economics students alike will find that Modern Energy Markets is a succinct and informative resource, as will researchers interested in environmental and energy issues. The inclusion of timely and relevant issues related to economic decision will also be of value to industry and civil officials.

Competitive Electricity Markets and Sustainability

Competitive Electricity Markets and Sustainability PDF Author: François Lévêque
Publisher: Edward Elgar Publishing
ISBN: 184720435X
Category : Business & Economics
Languages : en
Pages : 319

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Book Description
This book responds to the opening up of electricity markets to competition, which has completely changed the nature of power generation. The building of new generation and transmission capacity and the setting of the energy mix between nuclear, gas and renewable resources are mainly left to private initiative and investors. The authors and the editor of this book explore whether or not market forces offer a sustainable future for electricity generation. They employ economic theory and method to answer questions such as: Will the market be able to ensure adequacy of generation capacity and secu.

Challenging Neighbours

Challenging Neighbours PDF Author: CPB Netherlands Bureau for Economic Policy Analysis
Publisher: Springer Science & Business Media
ISBN: 3642609007
Category : Business & Economics
Languages : en
Pages : 593

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Book Description
Challenging Neighbours provides wide coverage of the German and Dutch economies, from an institutional point of view. Pensions, competition policy, labour relations, corporate governance, and health care are among the topics for which the institutional setting and performance of Germany and the Netherlands are compared. The difficulties and successes the countries have in facing pressures from aging population, developments in technology, and global competition are traced back to their institutional roots, and lead to mutual lessons for institutional reform for German and Dutch policy makers.

Designing Competitive Electricity Markets

Designing Competitive Electricity Markets PDF Author: Hung-po Chao
Publisher: Springer Science & Business Media
ISBN: 1461555477
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
The authors are prominent economists, operation researchers, and engineers who have been instrumental in the development of the conceptual framework for electric power restructuring both in the United States and in other countries. Rather than espousing a particular market design for the industry's future, each author focuses on an important issue or set of issues and tries to frame the questions for designing electricity markets using an international perspective. The book focuses on the economic and technical questions important in understanding the industry's long-term development rather than providing immediate answers for the current political debates on industry competition.

Electricity Markets

Electricity Markets PDF Author: Jeremy Lin
Publisher: John Wiley & Sons
ISBN: 1119179378
Category : Science
Languages : en
Pages : 357

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Book Description
A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques Electricity Markets: Theories and Applications offers students and practitioners a clear understanding of the fundamental concepts of the economic theories, particularly microeconomic theories, as well as information on some advanced optimization methods of electricity markets. The authors—noted experts in the field—cover the basic drivers for the transformation of the electricity industry in both the United States and around the world and discuss the fundamentals of power system operation, electricity market design and structures, and electricity market operations. The text also explores advanced topics of power system operations and electricity market design and structure including zonal versus nodal pricing, market performance and market power issues, transmission pricing, and the emerging problems electricity markets face in smart grid and micro-grid environments. The authors also examine system planning under the context of electricity market regime. They explain the new ways to solve problems with the tremendous amount of economic data related to power systems that is now available. This important resource: Introduces fundamental economic concepts necessary to understand the operations and functions of electricity markets Presents basic characteristics of power systems and physical laws governing operation Includes mathematical optimization methods related to electricity markets and their applications to practical market clearing issues Electricity Markets: Theories and Applications is an authoritative text that explores the basic concepts of the economic theories and key information on advanced optimization methods of electricity markets.

Power Structure

Power Structure PDF Author: John E. Kwoka Jr.
Publisher: Springer Science & Business Media
ISBN: 0585229651
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Power Structure examines the effects on economic performance of several key features of the U.S. electric power industry. Paramount among these are public versus private ownership, vertical integration versus deintegration, and retail competition versus monopoly distribution. Each of these, as well as other structural characteristics of utilities and their markets, are analyzed for their effects on costs and price. These issues are important for a number of reasons. The U.S. electric power industry is presently embarking on a fundamental restructuring in terms of integration and competition. In other countries, privatization of state-owned enterprises is being viewed as the answer to unsatisfactory performance. From a longer perspective, the question of the relative performance of publicly owned versus privately owned utilities in the U.S. has never been resolved. And despite much speculation there is little reliable evidence as to the importance of either vertical integration or competition.

Competition in Network Industries

Competition in Network Industries PDF Author: Michael U. Klein
Publisher: World Bank Publications
ISBN:
Category : Communication and traffic
Languages : en
Pages : 40

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Book Description


The Privatization of Public Utilities

The Privatization of Public Utilities PDF Author: Mario Baldassarri
Publisher: Springer
ISBN: 1349252557
Category : Business & Economics
Languages : en
Pages : 291

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Book Description
The privatization of public utilities raises several complex issues. The privatization decision involves not only the transfer of ownership from the public to the private sector, and thus the design of appropriate selling procedures (with regard to valuation of assets, flotation of shares, etc), but also, and most importantly, it appears to require the adjustment of significant features of the industrial organization and the regulatory framework. This volume focuses on the two related questions of why and how to proceed to privatization.

International Bibliography of Economics 1994

International Bibliography of Economics 1994 PDF Author: British Library of Political and Economic Science at the London School of Economics
Publisher: Psychology Press
ISBN: 9780415127837
Category : Business & Economics
Languages : en
Pages : 658

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Book Description
The IBSS is the essential tool for librarians, university departments, research institutions and any public or private institutions whose work requires access to up-to-date and comprehensive knowledge of the social sciences.