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Deregulation of utility industries and roles of simulation

Author

Listed:
  • Ivo Wenzler

    (Accenture, Delft University of Technology, ivo.wenzler@accenture.com)

  • Wouter Jan Kleinlugtenbelt

    (Accenture, w.kleinlugtenbelt@accenture.com)

  • Igor Mayer

    (Delft University of Technology, i.s.mayer@tbm.tudelft.nl)

Abstract

The authors describe why and how different types of simulations can be used to understand and support the challenges of utility deregulation. They present an overview of liberalization and deregulation efforts in three utility markets—electricity, natural gas, and drinking water—and describe the main challenges and opportunities for regulators and business managers. A general classification of seven different types of simulation is presented, including market simulations, policy simulations, dynamic business simulations, capability simulations, day-in-a-life simulations, performance simulations, and gaming simulations. The authors reflect on the role of these simulations for utility deregulation and give examples.

Suggested Citation

  • Ivo Wenzler & Wouter Jan Kleinlugtenbelt & Igor Mayer, 2005. "Deregulation of utility industries and roles of simulation," Simulation & Gaming, , vol. 36(1), pages 30-44, March.
    • Handle: RePEc:sae:simgam:v:36:y:2005:i:1:p:30-44
    DOI: 10.1177/1046878104273218
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    References listed on IDEAS

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    1. Littlechild Stephen C., 2002. "Competition in Retail Electricity Supply," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 12(2), pages 1-26, June.
    2. Ivo Wenzler, 2005. "Development of an asset management strategy for a network utility company: Lessons from a dynamic business simulation approach," Simulation & Gaming, , vol. 36(1), pages 75-90, March.
    3. Shigehisa Tsuchiya, 2005. "Utility deregulation and business ethics: More openness through gaming/simulation," Simulation & Gaming, , vol. 36(1), pages 114-133, March.
    4. George Backus & Jeff Amlin, 2005. "Using gaming simulation to understand deregulation dynamics," Simulation & Gaming, , vol. 36(1), pages 45-57, March.
    5. Martijn Kuit & Igor S. Mayer & Martin de Jong, 2005. "The INFRASTRATEGO game: An evaluation of strategic behavior and regulatory regimes in a liberalizing electricity market," Simulation & Gaming, , vol. 36(1), pages 58-74, March.
    6. Nathan D. Bos & Michael D. Gordon, 2005. "A simulated consulting project with a deregulating utility company," Simulation & Gaming, , vol. 36(1), pages 91-113, March.
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    Cited by:

    1. Leon de Caluwé & Jac Geurts & Wouter Jan Kleinlugtenbelt, 2012. "Gaming Research in Policy and Organization," Simulation & Gaming, , vol. 43(5), pages 600-626, October.
    2. David Crookall, 2005. "Editorial: Utilities deregulation and bio-econ rationality," Simulation & Gaming, , vol. 36(1), pages 5-8, March.

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