IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v23y2012icp99-101.html
   My bibliography  Save this article

An indeterminate future: Assessing the need for greater US–Canada transmission integration

Author

Listed:
  • Krupa, Joel

Abstract

Ongoing shifts in energy supply and demand dynamics have created extensive, volatile mismatches in electricity spot market pricing between neighboring Canadian and US jurisdictions. Under such circumstances, it is tempting to assume that additional international transmission interconnections are urgently required and would help to mitigate costly pricing incongruities. However, a number of geopolitical, economic, social, environmental, and technical uncertainties are emerging in North American energy markets and should be prudently assessed prior to the initiation of large-scale infrastructural upgrades or new investments. This brief article outlines five key trends for transmitters and policymakers to consider going forward and concludes that, if current trends discussed herein continue unabated, further trans-border grid integration will likely be unfeasible in the relatively short-term. Further research into this critical topical area is urged.

Suggested Citation

  • Krupa, Joel, 2012. "An indeterminate future: Assessing the need for greater US–Canada transmission integration," Utilities Policy, Elsevier, vol. 23(C), pages 99-101.
  • Handle: RePEc:eee:juipol:v:23:y:2012:i:c:p:99-101
    DOI: 10.1016/j.jup.2012.06.001
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957178712000392
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jup.2012.06.001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. David S. Loughran and Jonathan Kulick, 2004. "Demand-Side Management and Energy Efficiency in the United States," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 19-44.
    2. Gunningham, Neil & Kagan, Robert & Thornton, Dorothy, 2002. "Social licence and environmental protection: why businesses go beyond compliance," LSE Research Online Documents on Economics 35990, London School of Economics and Political Science, LSE Library.
    3. Michael A. S. Joyce & Ana Lasaosa & Ibrahim Stevens & Matthew Tong, 2011. "The Financial Market Impact of Quantitative Easing in the United Kingdom," International Journal of Central Banking, International Journal of Central Banking, vol. 7(3), pages 113-161, September.
    4. Morgan Bazilian & Patrick Nussbaumer & Giorgio Gualberti & Erik Haites & Michael Levi & Judy Siegel & Daniel M. Kammen & Joergen Fenhann, 2011. "Informing the Financing of Universal Energy Access: An Assessment of Current Flows," Working Papers 2011.56, Fondazione Eni Enrico Mattei.
    5. Bazilian, Morgan & Nussbaumer, Patrick & Gualberti, Giorgio & Haites, Erik & Levi, Michael & Siegel, Judy & Kammen, Daniel M. & Fenhann, Joergen, 2011. "Informing the Financing of Universal Energy Access: An Assessment of Current Flows," Climate Change and Sustainable Development 115729, Fondazione Eni Enrico Mattei (FEEM).
    6. Shmuel S. Oren, 1997. "Economic Inefficiency of Passive Transmission Rights in Congested Electricity Systems with Competitive Generation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 63-83.
    7. Brousseau,Eric & Glachant,Jean-Michel (ed.), 2002. "The Economics of Contracts," Cambridge Books, Cambridge University Press, number 9780521814904.
    8. Nic Rivers & Mark Jaccard, 2011. "Electric Utility Demand Side Management in Canada," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 93-116.
    9. Krupa, Joel, 2012. "Identifying barriers to aboriginal renewable energy deployment in Canada," Energy Policy, Elsevier, vol. 42(C), pages 710-714.
    10. Brousseau,Eric & Glachant,Jean-Michel (ed.), 2002. "The Economics of Contracts," Cambridge Books, Cambridge University Press, number 9780521893138.
    11. Robert Novy-Marx & Joshua D. Rauh, 2009. "The Liabilities and Risks of State-Sponsored Pension Plans," Journal of Economic Perspectives, American Economic Association, vol. 23(4), pages 191-210, Fall.
    12. Allcott, Hunt, 2011. "Rethinking real-time electricity pricing," Resource and Energy Economics, Elsevier, vol. 33(4), pages 820-842.
    13. Bazilian, Morgan & Nussbaumer, Patrick & Gualberti, Giorgio & Haites, Erik & Levi, Michael & Siegel, Judy & Kammen, Daniel M. & Fenhann, Joergen, 2011. "Informing the Financing of Universal Energy Access: An Assessment of Current Financial Flows," The Electricity Journal, Elsevier, vol. 24(7), pages 57-82, August.
    14. Strbac, Goran, 2008. "Demand side management: Benefits and challenges," Energy Policy, Elsevier, vol. 36(12), pages 4419-4426, December.
    15. Forrester, J. Paul & Astolfi, Paul, 2011. "The Dodd-Frank Act's Consequences for the Energy Industry," The Electricity Journal, Elsevier, vol. 24(5), pages 14-20, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Krupa, Joel, 2013. "Realizing truly sustainable development: A proposal to expand Aboriginal ‘price adders’ beyond Ontario electricity generation projects," Utilities Policy, Elsevier, vol. 26(C), pages 85-87.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paul Joskow & Jean Tirole, 2005. "Merchant Transmission Investment," Journal of Industrial Economics, Wiley Blackwell, vol. 53(2), pages 233-264, June.
    2. Giorgio Gualberti & Morgan Bazilian & Erik Haites & Maria da Graça Carvalho, 2012. "Development Finance for Universal Energy Access," Working Papers 2012.12, Fondazione Eni Enrico Mattei.
    3. Andrea Vaona & Natalia Magnani, 2014. "Access to electricity and socio-economic characteristics: panel data evidence from 31 countries," Working Papers 15/2014, University of Verona, Department of Economics.
    4. Renato Passaro & Ivana Quinto & Giuseppe Scandurra & Antonio Thomas, 2020. "How Do Energy Use and Climate Change Affect Fast-Start Finance? A Cross-Country Empirical Investigation," Sustainability, MDPI, vol. 12(22), pages 1-23, November.
    5. Bhattacharyya, Subhes C., 2013. "Financing energy access and off-grid electrification: A review of status, options and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 20(C), pages 462-472.
    6. Elena Stupnikova & Tatyana Sukhadolets, 2019. "Construction Sector Role in Gross Fixed Capital Formation: Empirical Data from Russia," Economies, MDPI, vol. 7(2), pages 1-16, May.
    7. Mertzanis, Charilaos & Garas, Samy & Abdel-Maksoud, Ahmed, 2020. "Integrity of financial information and firms' access to energy in developing countries," Energy Economics, Elsevier, vol. 92(C).
    8. Alfonso Carfora & Monica Ronghi & Giuseppe Scandurra, 2017. "The effect of Climate Finance on Greenhouse Gas Emission: A Quantile Regression Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 7(1), pages 185-199.
    9. Taibi, Emanuele & Gualberti, Giorgio & Bazilian, Morgan & Gielen, Dolf, 2016. "A framework for technology cooperation to accelerate the deployment of renewable energy in Pacific Island Countries," Energy Policy, Elsevier, vol. 98(C), pages 778-790.
    10. Mathilde Brix Pedersen, 2016. "Deconstructing the concept of renewable energy-based mini-grids for rural electrification in East Africa," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 5(5), pages 570-587, September.
    11. Sharon Novak & Scott Stern, 2009. "Complementarity Among Vertical Integration Decisions: Evidence from Automobile Product Development," Management Science, INFORMS, vol. 55(2), pages 311-332, February.
    12. Catherine Locatelli & Sylvain Rossiaud, 2011. "A neoinstitutionalist interpretation of the changes in the Russian oil model," Post-Print halshs-00631115, HAL.
    13. Glachant, Jean-Michel & Pignon, Virginie, 2005. "Nordic congestion's arrangement as a model for Europe? Physical constraints vs. economic incentives," Utilities Policy, Elsevier, vol. 13(2), pages 153-162, June.
    14. Glanchant, J-M. & Pignon, V., 2003. "Nordic Electricity Congestion's Arrangement as a Model for Europe: Physical Constraints or Operators' Opportunity," Cambridge Working Papers in Economics 0313, Faculty of Economics, University of Cambridge.
    15. N.F. Cruz & R.C. Marques & A. Marra & C. Pozzi, 2014. "Local Mixed Companies: The Theory And Practice In An International Perspective," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(1), pages 1-9, March.
    16. Bohdan Kukharskyy & Michael Pflüger, 2011. "Relational Contracts and the Economic Well-Being of Nations," Working Papers 095, Bavarian Graduate Program in Economics (BGPE).
    17. Claude Ménard, 2013. "Is Public-Private Partnership Obsolete? Assessing the Obstacles and Shortcomings of PPP," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00653090, HAL.
    18. Thomas Mellewigt & Glenn Hoetker & Martina Lütkewitte, 2018. "Avoiding High Opportunism Is Easy, Achieving Low Opportunism Is Not: A QCA Study on Curbing Opportunism in Buyer–Supplier Relationships," Organization Science, INFORMS, vol. 29(6), pages 1208-1208, December.
    19. Pascucci, Stefano & Royer, Annie & Bijman, Jos, 2012. "To Make or to Buy: Is this the Question?," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 15(3), pages 1-20, September.
    20. Dedeurwaerdere, Tom, 2005. "From bioprospecting to reflexive governance," Ecological Economics, Elsevier, vol. 53(4), pages 473-491, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:juipol:v:23:y:2012:i:c:p:99-101. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.sciencedirect.com/journal/utilities-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.