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Governance and Regulation of Power Pools and System Operators. An International Comparison

Author

Listed:
  • Barker, Jr.J.
  • Tenenbaum, B.
  • Woolf, F.

Abstract

This technical paper compares and contrasts the governance and regulation of "new style" power pools in Australia, Canada, Norway, Sweden, and the United Kingdom. These trading markets in electricity commodities and services are explored in various ways. The authors review the basic governance models, compare decisionmakers in the industry, examine market surveillance methods used, and explore the role of government and the regulator. The paper emphasizes the lessons that can be learned from international experiences.

Suggested Citation

  • Barker, Jr.J. & Tenenbaum, B. & Woolf, F., 1997. "Governance and Regulation of Power Pools and System Operators. An International Comparison," Papers 382, World Bank - Technical Papers.
  • Handle: RePEc:fth:wobate:382
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    Citations

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    Cited by:

    1. Peter Cramton & Robert Wilson, 1998. "A Review of ISO New England's Proposed Market Rules," Papers of Peter Cramton 98mdi, University of Maryland, Department of Economics - Peter Cramton.
    2. Vincent Rious & Jean-Michel Glachant & Yannick Perez & Philippe Dessante, 2009. "L'insuffisance des signaux de localisation pour la coordination entre la production et le transport d'électricité dans les systèmes électriques libéralisés," Revue économique, Presses de Sciences-Po, pages 819-829.
    3. Glachant, Jean-Michel, 1998. "England's wholesale electricity market: could this hybrid institutional arrangement be transposed to the European Union?1," Utilities Policy, Elsevier, vol. 7(2), pages 63-74, June.
    4. 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.
    5. Newbery, David M., 1998. "The regulator's review of the English Electricity Pool," Utilities Policy, Elsevier, vol. 7(3), pages 129-141, November.
    6. Pollitt, Michael G., 2012. "Lessons from the history of independent system operators in the energy sector," Energy Policy, Elsevier, vol. 47(C), pages 32-48.
    7. Donald N. Dewees, 2006. "Electricity Restructuring and Regulation in the Provinces: Ontario and Beyond," Working Papers tecipa-205, University of Toronto, Department of Economics.
    8. Jean-Michel Glachant, 2000. "Les pays d'Europe peuvent-ils reproduire la réforme électrique de l'Angleterre ? Une analyse institutionnelle comparative," Économie et Prévision, Programme National Persée, vol. 145(4), pages 157-168.
    9. Abdala, Manuel A., 2008. "Governance of competitive transmission investment in weak institutional systems," Energy Economics, Elsevier, vol. 30(4), pages 1306-1320, July.
    10. Mari Makkonen, Mats Nilsson and Satu Viljainen, 2015. "All quiet on the western front? Transmission capacity development in the Nordic electricity market," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    11. Donald N. Dewees, 1999. "The Future of Nuclear Power in A Restructured Electricity Market," Working Papers dewees-99-01, University of Toronto, Department of Economics.

    More about this item

    Keywords

    REGULATION ; ELECTRICITY ; MANAGEMENT;

    JEL classification:

    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation

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