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Generating the Benefits of Competition: Challenges and Opportunities in Opening Electricity Markets

Author

Listed:
  • Tim Brennan

    (University of Maryland)

Abstract

The move from regulation to competition in different parts of the economy is one of the great success stories of the past 30 years. And more competition in the electricity sector could offer lower consumer prices and improved stability of supply. So why has market deregulation in electricity been difficult to achieve?

Suggested Citation

  • Tim Brennan, 2008. "Generating the Benefits of Competition: Challenges and Opportunities in Opening Electricity Markets," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 260, April.
    • Handle: RePEc:cdh:commen:260
    as

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    File URL: https://www.cdhowe.org/public-policy-research/generating-benefits-competition-challenges-and-opportunities-opening-electricity-markets
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    References listed on IDEAS

    as
    1. John-Paul Koning, 2007. "Why the Bank of Canada Act Needs Updating: A Lesson from the Sub-Prime Crisis," e-briefs 50, C.D. Howe Institute.
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    3. Hogan, William W, 1992. "Contract Networks for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 4(3), pages 211-242, September.
    4. William B.P. Robson, 2008. "Safe Harbours: Providing Protection for Canada's Money-Purchase Plan Sponsors," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 110, January.
    5. John Richards, 2007. "Reducing Poverty: What has Worked, and What Should Come Next," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 255, October.
    6. Coase, Ronald H, 1972. "Durability and Monopoly," Journal of Law and Economics, University of Chicago Press, vol. 15(1), pages 143-149, April.
    7. Kathleen E. Macmillan & Patrick Grady, 2007. "A New Prescription: Can the BC-Alberta TILMA Resuscitate Internal Trade in Canada?," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 106, October.
    8. William B.P. Robson, 2007. "Time and Money: The Challenge of Demographic Change and Government Finances in Canada," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 109, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Timothy Brennan, 2010. "Decoupling in electric utilities," Journal of Regulatory Economics, Springer, vol. 38(1), pages 49-69, August.
    2. Peter W. Hogg, 2008. "A Question of Parliamentary power: Criminal Law and the Control of Greenhouse Gas Emissions," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 114, August.

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    More about this item

    Keywords

    public services; electricity sector competition; market deregulation;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

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