Analysis of electricity industry liberalization in Great Britain: How did the bidding behavior of electricity producers change?

Promoting competition among electricity producers is crucial for ensuring allocative efficiency and lower electricity prices. This paper empirically examines the wholesale electricity market of England and Wales in order to analyze to what extent regulatory reforms were successful at promoting competition among electricity producers.As a theoretical benchmark we consider a duopoly case, based on which a regression model is specified. The estimation of the regression model allows for documenting new results about the impact of regulatory reforms on the incentive and disincentive to exercise market power by electricity producers during the liberalization process.     

Does the Ukrainian electricity market correspond to the european model?

The paper explores 29 models of the European electricity markets and the degree of their deviation from the single electricity market model established by the trans-European legislation. Although all models correspond to the design of the pan-European single one, they remain significantly differentiated according to trading forms and pricing methods. The electric power system in Ukraine has developed oppositely to the European ones, and the electricity market is quasi-competitive. The study proposes a novel model for the Ukrainian electricity market, which considers the European acquis communautaires, the advanced practice in electricity market development, and the specifics of the Ukrainian electric power system.     

Design and development of smart electricity meter – the path towards sustainable globe

Reducing energy demand in the domestic segment is an important problem worldwide. This study focused on the awareness of residents on energy conservation and on the potential of reducing energy demand through energy-saving activities. The following observations were noted down during the experiment of smart meter in 10 houses of Mumbai city. (1) Its installation led to a reduction in power consumption, (2) a change in energy-saving behaviours of the household members such as the reduction of standby power and a better control of appliance operation, and (3) energy-conservation awareness affected not only the power consumption of the appliances explicitly shown on the display monitor but also other household appliances. (4) Development of sustainable environmental system.     

The electricity supply industry in Germany: market power or power of the market?

This paper analyses the electricity supply industry in Germany, which was liberalized in April 1998. Noticeable aspects are the eligibility of all end-users, the lack of constraints on the vertical industry structure and the option for negotiated third party access. There is no sector-specific regulation. This paper argues that the vertically integrated firms concentrate on excessive network access charges, whereas the stages generation and retail appear to be relatively competitive. Empirical evidence suggests that in Germany network access charges make up a significantly higher share of end-user prices than in the UK, which is used as regulation-benchmark.     

Fighting fruitfully? Participation and conflict in the context of electricity grid extension in Germany

The transition towards renewable energy production is widely supported by the German population. However, resistance against its tangible manifestations grows. The electricity grid expansion is a highly contested field: seen as crucial to the Energiewende's success, associated projects encounter protest and fierce opposition all over the country, irrespective of public participation allowed for at several stages of planning. Informed by theoretical elaborations on conflict and dialogue-oriented participation, we analyze a selection of 19 studies on participation and protest in the context of grid expansion. Our contribution confirms the significance of communication and public participation for dealing with conflicts and protest.     

Can privatization of distribution substations improve electricity reliability for non-residential customers? An application to Nepal

This paper takes on a novel perspective to the overloading of distribution substations by considering the common-pool characteristics of electric infrastructure capacity. Using firm- and substation-level data from Nepal, the results provide evidence of common-pool resource (CPR) problems across substations’ ownership boundaries: firms with captive substations experience fewer and shorter unplanned outages than firms connected to shared substations. Based on these findings, private investments in captive substations emerge as a coping mechanism for firms against unreliable electricity supply. A generalized cost-benefit analysis framework for such investments is developed and used to quantify the benefits to Nepalese non-residential customers.     

How are public utilities responding to electricity market restructuring and the energy transition? Lessons from Israel

Public utilities in the electricity sector globally face increasing competition in the power generation segment, specifically considering government liberalization reforms that facilitate the clean energy transition process. Although the utilities may significantly impact this process, the literature has thus far neglected the perceptible strategies they employ to cope with the emerging competition, particularly with regard to renewable energy resources. This study addresses the lacuna by focusing on the case of Israel Electric Corporation (IEC), demonstrating how the coping strategies employed by this public utility evolved over time and thus shaped the local electricity sector.     

England's wholesale electricity market: could this hybrid institutional arrangement be transposed to the European Union?

Has the Electricity Pool of England and Wales substituted a market for an integrated firm as an internal coordination device within the U.K. electricity industry? Using a transaction-cost approach, we show that the market mechanism provides an incomplete governance for wholesale-electricity transactions. The competitive price mechanism is only one component of a more complex arrangement, which is a hybrid form consisting of (a) a Pooling and Settlement Agreement and (b) its governance structure. The English Electricity Pool cannot be transplanted into all other institutional environments, because the English Pool's hybrid form is not entirely private but meshed with its institutional environment. In particular, the European Union's institutional environment, which does not resemble England's, is unable to support an English-type Pool.     

Sustainable green electricity,technological innovation,and ecological footprint: Does democratic accountability moderate the nexus?

Electricity generated through fossil fuels degrades the environment. Hence, the promotion of green electricity should be the foundation for sustainable development. In this context, the present work probes the impact of green electricity consumption (GEC), technological innovation (TEI), democracy (DEM), and economic growth (GR) on the ecological footprint (EF) and assesses the moderating effects of democracy on EF from 1995 to 2018 in six ASEAN nations. The empirical results show that renewable electricity, TEI, and DEM promote ecological quality. Interestingly, democracy not only alleviates the level of EF but also reinforces the favorable impacts of technological innovation on environmental quality.