Zaccour - Deregulation of Electric Utilities

Deregulation of Electric Utilities

Medium: Buch

ISBN: 978-0-7923-8134-1

Verlag: Springer US

Erscheinungstermin: 30.04.1998

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1 IPPs get VAMMoed in Texas.- 1.1 Introduction.- 1.2 Background.- 1.3 Transmission Tariffs.- 1.4 The ERCOT Transmission Tariff.- 1.5 Conclusion.- References.- 2 Competition and Direct Access in New Zealand’s Electricity Market.- 2.1 Introduction.- 2.2 A Simple Model for the Electricity Market.- 2.3 The Electricity Distribution Market.- 2.4 Some Preliminary Econometric Results.- 2.5 Conclusions.- References.- 3 Competition and Access in Electricity Markets: ECPR, Global Price Cap, and Auctions.- 3.1 Introduction.- 3.2 Basic Principles and Fundamental Issues.- 3.3 Access Pricing Rules.- 3.4 Price Caps and Global Price Caps.- 3.5 Market Based Regulation or Managed Competition.- 3.6 Conclusion: Some Neglected Issues.- References.- 4 Periodic Regulatory Review in UK Electricity Markets; Developments Within a Deregulated System.- 4.1 Introduction.- 4.2 The Structure of the Price Controls in Electricity.- 4.3 Yardstick Comparisons.- 4.4 The Choice of X Factor.- 4.5 Regulation in Practice.- 4.6 The RECs’ Productivity 1971–96.- 4.7 Privatised Utility Profits in the RECs.- 4.8 Competitive Supply, Access, and Settlement.- 4.9 The Debate on Regulatory Mechanisms.- References.- 5 Challenges for Effective Competition in Large-Hydro Dominated Markets: The Case of Québec.- 5.1 Introduction.- 5.2 Obstacles to Competition.- 5.3 Standard Solutions.- 5.4 A Made-in-Québec Solution: The LGMC Contract.- 5.5 Other Obstacles and Imperatives to Competition.- 5.6 Other Considerations.- 5.7 Conclusion.- References.- 6 Hydroelectricity and the State in Quebec and Ontario: Two Different Historical Paths.- 6.1 Introduction.- 6.2 A Historical Survey of Electricity Regulatory Regimes in Canada.- 6.3 The Different Paths of Regulation in Central Canada: A Political Economy Approach.- 6.4Conclusion.- References.- 7 Restructuring and Competitive Arrangements in the Electricity Supply Industry Towards a Better Efficiency?.- 7.1 Introduction.- 7.2 The Incompatibility of Vertical Integration and Competition in the Supply: The Unsound Route of Third Party Access to the Network.- 7.3 Competitive De-integration through the Interlocking of Complex Arrangements.- 7.4 An Appraisal of Competitive De-integration.- 7.5 Conclusion.- References.- 8 Electricity Deregulation in England and Wales.- 8.1 Introduction.- 8.2 Competition in Generation.- 8.3 Competition in Supply.- 8.4 The Natural Monopolies.- 8.5 The Overall Effect of the Reforms.- 8.6 Conclusions.- References.- 9 Improving the Performance of Electricity Industries in Developing Countries: Is World Bank Policy on Deregulation the Way Forward?.- 9.1 Introduction.- 9.2 International Policy Towards Power Sector Development.- 9.3 Some Models to Follow.- 9.4 Performance and Efficiency Measurement.- 9.5 The Data.- 9.6 The Efficiency of Developing Countries’ Power Generation.- 9.7 Which Example to Follow?.- 9.8 Lending to Sub Saharan Africa (SSA).- 9.9 An Alternative Approach Using DEA Results.- 9.10 Conclusions and Limitations of the Analysis.- References.- Appendix: 1. Efficiencies of Power Sectors in Developing Countries.- Appendix: 2.- 10 Demand-Side Management Expenditures and the Market Value of U.S. Electric Utilities: Strategic Investment or Disinvestment?.- 10.1 Introduction.- 10.2 Previous Studies of Market Value/ Performance of Electric Utilities.- 10.3 “Radical” Deregulation of the U.S. Electric Power Market.- 10.4 Methodology.- 10.5 Empirical Estimation of Utility Market Value.- 10.6 DSM’s Role: Strategic Disinvestment by Utilities?.- 10.7 Summary.- References.- 11 Introducing Competition tothe Electricity Industry in Spain: The Role of Initial Conditions.- 11.1 Introduction.- 11.2 The MLE and the Definition of Stranded Costs.- 11.3 Vertical Relations in the Domestic Coal Industry.- 11.4 Industry Structure.- 11.5 Prospects for Competition.- 11.6 Conclusion.- References.- 12 Peak Load Problem, Deregulation and Reliability Pricing.- 12.1 Introduction.- 12.2 Peak Load Problem and Reliability Problem.- 12.3 Peak Load Reduction Mechanisms in a Deregulated Environment.- 12.4 Reliability Pricing Propositions.- 12.5 Research Avenues.- References.- 13 An Integrated Energy and Reserve Market for New Zealand.- 13.1 Introduction.- 13.2 Principles of a Reserve Market.- 13.3 Modelling Instantaneous Reserve.- 13.4 Experience.- References.- 14 Transmission Contracts May also Hinder Detrimental Network Investments in Oligopolistic Electricity Markets.- 14.1 Introduction.- 14.2 A Three Node Example with Market Power.- 14.3 Some Reinterpretation.- 14.4 The Conjecture.- 14.5 Conclusion.- References.- Appendix: 1.- Appendix: 2.