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Restructuring of the electricity industry

Alok Kumar and Sushanta K. Chatterjee

in Electricity Sector in India: Policy and Regulation

Published in print:
2012
Published Online:
September 2012
ISBN:
9780198082279
eISBN:
9780199082063
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198082279.003.0014
Subject:
Economics and Finance, Development, Growth, and Environmental

Restructuring of the electricity industry is one of the important interventions which the Electricity Act envisages for bringing about competition and ensuring efficiency in the operation of the ... More


Regulating Competition in Wholesale Electricity Supply

Nancy L. Rose

in Economic Regulation and Its Reform: What Have We Learned?

Published in print:
2014
Published Online:
January 2015
ISBN:
9780226138022
eISBN:
9780226138169
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226138169.003.0005
Subject:
Economics and Finance, Economic Systems

Experience of the past twenty years suggests that potential benefits from electricity industry restructuring are small relative to those from introducing competition into other network industries. ... More


Structural Reforms Without Prejudices

Tito Boeri, Micael Castanheira, Riccardo Faini, and Vincenzo Galasso (eds)

Published in print:
2006
Published Online:
May 2007
ISBN:
9780199203628
eISBN:
9780191708169
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199203628.001.0001
Subject:
Economics and Finance, Public and Welfare

Our economies face constant challenges from many different directions. Structural reforms are implemented every day, either to grasp the benefits of globalization and technological change, or to ... More


Restructuring the Electricity Industry in England and Wales

Richard Green

in Electricity Deregulation: Choices and Challenges

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226308562
eISBN:
9780226308586
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226308586.003.0003
Subject:
Economics and Finance, Econometrics

This chapter analyzes the restructuring and deregulation of the electricity industry in England and Wales which started in 1990. It explains that the goal of the deregulation was to reduce prices and ... More


Introduction A Primer on Electricity and the Economics of Deregulation

James M. Griffin and Steven L. Puller

in Electricity Deregulation: Choices and Challenges

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226308562
eISBN:
9780226308586
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226308586.003.0001
Subject:
Economics and Finance, Econometrics

This introductory chapter provides a primer on electricity in order to explain how economists think about deregulation and to preview the contents of the rest of the book. The first section of this ... More


Looking for Trouble: Competition Policy in the U.S. Electricity Industry

James Bushnell

in Electricity Deregulation: Choices and Challenges

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226308562
eISBN:
9780226308586
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226308586.003.0007
Subject:
Economics and Finance, Econometrics

This chapter describes the methods that have traditionally been applied as screens for competitiveness problems in the electricity industry, as well as some of the alternatives that appear to be much ... More


The Guy at the Controls: Labor Quality and Power Plant Efficiency

James B. Bushnell and Catherine Wolfram

in International Differences in the Business Practices and Productivity of Firms

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226261942
eISBN:
9780226261959
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226261959.003.0004
Subject:
Economics and Finance, International

Labor policies in the electricity industry have been significantly impacted by its historical status as either a publicly-owned or regulated utility business. At the same time, evaluating and ... More


Perspectives from Policymakers

Pat Wood III, Thomas R. Kuhn, and Joe Barton

in Electricity Deregulation: Choices and Challenges

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226308562
eISBN:
9780226308586
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226308586.003.0012
Subject:
Economics and Finance, Econometrics

This chapter presents policymakers' view on the deregulated electricity industry in the U.S. Federal Energy Regulatory Commission (FERC) chairman Pat Wood III argues that electricity markets require ... More


Conclusion Final Thoughts

James M. Griffin and Steven L. Puller

in Electricity Deregulation: Choices and Challenges

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226308562
eISBN:
9780226308586
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226308586.003.0013
Subject:
Economics and Finance, Econometrics

This chapter sums up the key findings of this study on the deregulation of the electric industry. It highlights the need to design wholesale and retail markets that send the proper price signals on ... More


Lessons Learned: The Texas Experience

Ross Baldick and Hui Niu

in Electricity Deregulation: Choices and Challenges

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226308562
eISBN:
9780226308586
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226308586.003.0005
Subject:
Economics and Finance, Econometrics

This chapter discusses lessons that can be learned from the experience of the Electric Reliability Council of Texas (ERCOT). It explains that ERCOT is a bilateral market and rather than serving as ... More


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