Reform of the Electricity Supply Industry
AbstractElectricity markets around the world are becoming more competitive, partly in response to technological changes. Successful restructuring requires an understanding of the sources of monopoly power in the industry, and separation of competitive from natural monopoly elements. Competitive wholesale electricity markets require transparent regulatory and cross-subsidy mechanisms. Such changes in turn make public ownership less relevant for protecting consumers. Competitive markets are also more risky for owners, and governments are not ideally suited to financing large and very risky business ventures. The arguments are illustrated by reference to the reforms undertaken in Australia in the last decade.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by in its journal Economia Mexicana NUEVA EPOCA.
Volume (Year): VIII (1999)
Issue (Month): 1 (January-June)
Contact details of provider:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Green, Richard J & Newbery, David M, 1992.
"Competition in the British Electricity Spot Market,"
Journal of Political Economy,
University of Chicago Press, vol. 100(5), pages 929-53, October.
- Green, Richard & Newbery, David M G, 1991. "Competition in the British Electricity Spot Market," CEPR Discussion Papers 557, C.E.P.R. Discussion Papers.
- Hartley, Peter & Trengove, Chris, 1986. "Who Benefits from Public Utilities?," The Economic Record, The Economic Society of Australia, vol. 62(177), pages 163-79, June.
- Hartley, Peter & Trengove, Chris, 1984. "The Marginal Costs of Electricity Supply in Victoria," The Economic Record, The Economic Society of Australia, vol. 60(171), pages 340-55, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ricardo Tiscareño).
If references are entirely missing, you can add them using this form.