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Power Failure: Addressing the Causes of Underinvestment, Inefficiency and Governance Problems in Ontario's Electricity Sector

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  • Michael Wyman
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    Abstract

    Economic and policy problems plague Ontario’s electricity sector six years after the government’s initial attempt at market liberalization in 2002. Several changes of direction later, the electricity sector has a hybrid structure of regulation and market forces, with a central procurement role assigned to the Ontario Power Authority (OPA). This paper questions whether a central procurement approach represents the best means of achieving a well-functioning electricity sector and, if not, what better approach exists.

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    File URL: http://www.cdhowe.org/pdf/commentary_261.pdf
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    Bibliographic Info

    Article provided by C.D. Howe Institute in its journal C.D. Howe Institute Commentary.

    Volume (Year): (2008)
    Issue (Month): 261 (May)
    Pages:

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    Handle: RePEc:cdh:commen:261

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    Keywords: governance and public institutions;

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    1. Green, R., 1996. "The Electricity Contract Market," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge 9616, Faculty of Economics, University of Cambridge.
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    Cited by:
    1. Rosenbloom, Daniel & Meadowcroft, James, 2014. "The journey towards decarbonization: Exploring socio-technical transitions in the electricity sector in the province of Ontario (1885–2013) and potential low-carbon pathways," Energy Policy, Elsevier, Elsevier, vol. 65(C), pages 670-679.

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