Étiqueté : electricity

Environmental and technology policy options in the electricity sector: Interactions and outcomes

Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures justify additional interventions when a carbon price is in place?…

More power to India. The challenge of electricity distribution

More power to India. The challenge of electricity distribution / Sheoli Pargal and Sudeshna Ghosh Banerjee. World Bank, 2014, 255 p. http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/06/20/000456286_20140620091641/Rendered/PDF/889060PUB0978100Box385252B00PUBLIC0.pdf Presentation (© Esmap) : Two decades after the liberalization of India’s economy and a decade after the passage of the Electricity Act of...

Vertical structure and forward contract in electricity markets

The pro-competitive e ects of forward contracts in electricity market can- not be regarded alone without examining the market structure. In this paper, we show that under retail competition, spot market demand uncertainty and risk aversion, partially or fully integrated electricity generators and retailers have less incentives to be involved in trading electricity under forward contracts…

Dynamic Efficiency and Incentive Regulation: An Application to Electricity Distribution Networks

Efficiency and productivity analysis is a central concept in incentive-based regulation of network utilities. However, the efficiency measures obtained from benchmarking predominantly reflect short term performance and hence, provide only a snapshot of the firm’s path towards its long run equilibrium. On the other hand, the factors affecting the short run behaviour of firms may not be adjusted instantaneously when firms undertake investment. In these instances, short run inefficiency caused by investments will be transmitted to subsequent periods…

An assessment of Incentive Regulation in electricity networks : The story so far

Network regulation is playing an active role in a context of restructuring energy systems for long term transition to a smart grid. Regulation of network companies’ activities should consider both cost efficiency objectives and other objectives such as quality and network innovation. It is in this context that incentive regulation tools are discussed and assessed in this paper. The aim is to show their key features and how they could be aligned with the main regulation goals…

Russian electricity reform 2013 update

In 2005, the IEA published a study documenting the proposed reform and highlighting some potential implementation issues. Achievements to date have been impressive by international standards, however the outcome remains uncertain. Electricity reform is entering another critical phase in Russia. The 2013 Update examines the key remaining challenges affecting the development of competitive wholesale and retail electricity markets in Russia including: market structure, market design, pricing, investment and related regulation…