Economic and Political Constraints on the Demand-Side of Electricity Industry Re-structuring Processes
Review of Economics and Institutions
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Title |
Economic and Political Constraints on the Demand-Side of Electricity Industry Re-structuring Processes
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Creator |
Wolak, Frank A.; Stanford University
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Subject |
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Electricity retailing, demand-side participation, regulatory barriers, dynamic pricing L51; L94; Q41; Q48 |
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Description |
This paper identifies the major political and economic constraints that impact the demand-side of electricity industry re-structuring processes. These constraints have been a major barrier to implementing effective restructuring processes in many countries, particularly those in the developing world. The paper describes how these constraints have been addressed and how this has harmed market efficiency and system reliability using examples from re-structuring processes around the world. The paper proposes demand-side regulatory interventions to manage these constraints in a manner that limits the harm to wholesale market efficiency. Finally, specific regulatory inventions for developing countries are proposed.
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Publisher |
University of Perugia
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Contributor |
—
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Date |
2013-01-18
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.rei.unipg.it/rei/article/view/101
10.5202/rei.v4i1.101 |
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Source |
Review of Economics and Institutions; Vol 4, No 1 (2013); 42
2038-1379 2038-1344 |
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Language |
eng
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Relation |
http://www.rei.unipg.it/rei/article/view/101/110
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Rights |
—
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