Power Failure: Addressing the Causes of Underinvestment, Inefficiency and Governance Problems in Ontario's Electricity Sector
AbstractEconomic 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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Bibliographic InfoArticle provided by C.D. Howe Institute in its journal C.D. Howe Institute Commentary.
Volume (Year): (2008)
Issue (Month): 261 (May)
governance and public institutions;
Find related papers by 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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- Green, R., 1996. "The Electricity Contract Market," Cambridge Working Papers in Economics 9616, Faculty of Economics, University of Cambridge.
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