Incentives to invest in liberalised electricity industries in the North and South. Differences in the need for suitable institutional arrangements

Energy Policy

Volumn 34, Issue 5, 2006, Pages 601-618

  Finon, Dominique ^a  

^a Centre International de Recherche sur lEnvironnement et le Developpement   (France)

Author keywords

Investment; Market failure; Power industry

Indexed keywords

DEREGULATION; DEVELOPING COUNTRIES; ECONOMICS; ELECTRICITY; INVESTMENTS; MARKETING; MATHEMATICAL MODELS;

LIBERALISED INDUSTRIES; MARKET FAILURE; POWER INDUSTRY;

ELECTRIC INDUSTRY;

ELECTRICITY INDUSTRY; ENERGY POLICY; INSTITUTIONAL FRAMEWORK; INVESTMENT;

EID: 30744458827     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2005.11.012     Document Type: Article

References (40)

1. M., Abbot, Is the security of supply a public good? The Electricity Journal August-September, 2001. 31-33.
2. P., Aghion, P., Bolton, Contracts as a barrier to entries American Economic Review 77 (3), 1987. 388-401.
3. Araujo, J.L., 2002. A questao de investimento no sector electrico brasileiro: Reforma a crise. Working Paper, Instituto de Economia, UFRJ.
4. R.W., Bacon, Competitive Contracting for Privately Generated Power, Private Sector 1995. World Bank group, Washington.
5. R.W., Bacon, J.E., Besant-Jones, Global electric power reform, privatization and liberalization of the electric power industry in developing countries. Annual Review of Energy and Environment 26, 2001. 331-359.
6. J.G., Besser, J. Farr, S., Tierrey, The political economy of long term generation adequacy: Why an ICIAP mechanism is needed as part of standard market design? The Electricity Journal 15 (17). 2002.
7. Bouttes, J.P., Trochet, J.M., 2002. Marché de gros et bourses électriques en Europe et aux Etats-Unis. Communication to the Conférences Jules Dupuits, Paris, Décembre 2002.
8. H.P., Chao, H. Huntington, Designing Competitive Electricity Markets. 1998. Kluwer, Boston, MA.
9. Cordukes, R. (dir.), 1995. Submission and evaluation of proposals for Private power generation projects in developing countries. Working paper, World Bank, Washington.
10. Creti, A., Fabra, N., 2003. Capacity markets for electricity. Communication to the Colloquium, "Efficiency on Electricity Markets", Toulouse, December 2003.
11. M.A., Crew, P.R., Kleindorfer, The Economics of Public Utility Regulation. 1986. MacMillan Press London
12. European Commission Implementing the internal energy market. Second Benchmarking Report. 2002. European Commission, Brussels.
13. Finon, D., 1998. La contractualisation en production indépendante: Une évolution parallèle entre pays industrialisés et pays en développement. In: Finon, D., Kouo, D. (dir.), Investissements et contractualisation dans les industries électriques africaines, Québec, Editions IEPF, pp. 205-232.
14. D., Finon, J.M. Glachant, Competition in European Electricity Industry: A Cross-country Comparison. 2003. Edward Elgar, London.
15. Fischer, R., Serra, P., 2000. Regulating the electricity sector in Latin America. Economia, Fall 2000.
16. A., Ford, Cycles in competitive electricity market Energy Policy 27, 1999. 637-658.
17. R. Green Markets for electricity in Europe Oxford Review of Economic Policy 17 3 2001
18. W.R., Hugues, A., Parece, The economics of price spikes in deregulated power markets. The Electricity Journal July, 2002. 31-44.
19. S., Hunt, Making Competition Work in Electricity 2002, Wiley, New York.
20. S., Hunt, Shuttleworth Competition and Choice in Electricity. 1996. Wiley, West Sussex.
21. IEA, Competition in Electricity Markets. 2001. OCDE, Paris
22. IEA, Power Generation Investment in Electricity Markets. 2003. OCDE, Paris.
23. P., Joskow, Introducing competition into regulated network industries: from hierarchies to markets in electricity. Industrial and Corporate Change 5 (2) 1996. 341-382.
24. P., Joskow, Restructuring, competition and regulatory reform in the US Electricity Sector. Journal of Economic Perspectives 11 (3 Summer) 1997. 119-138.
25. P., Joskow, R., Schmalensee, Power Markets. 1984. MIT Press, Cambridge, MA.
26. Lovei, L., 2001. The single buyer model. A Dangerous Path Towards Competition. View Point, (225), Energy Sector Unit, World Bank, (http://www.worldbank.org/html/fdp/notes/)
27. Millan, J., Lora, E., Micco, A., 2001. Sustainability of the electricity sector reforms in Latin America. Seminar "Towards Competitiveness: The Institutional Path", Interamerican Bank, March 2001.
28. MME (Ministerio de Minas e Energia), 2003. Proposal de modela institucional do sector electrico. Governo Federal, Brasil.
29. D., Newbery, Competition contracts and entry in the electricity spot market. Rand Journal of Economics 29 (4) 1998.
30. Newbery, D.M., 2000. Issues and Options for Restructuring the Electric Supply Industry. Cambridge University, Department of Applied Eco]nomics.
31. S., Oren, Ensuring generation adequacy in a competitive electricity market. Workshop "Long-term Guarantee to Supply". 1999. Comission Nacional de la Energia, Madrid.
32. Oren, S., 2003. Ensuring generation adequacy in competitive electricity markets. Working Paper UCEI, EPE 007.
33. PSR, 2003. Sobrecusto na electricitico expansao sob incerteza. Brasilia Secretaria de l'Energia (Document de travail).
34. G., Shuttleworth Hot topics in European electricity: What is relevant and what isn't? The Electricity Journal October 2002
35. S., Stoft, Power System Economics, Designing Market for Electricity. 2002. Wiley, IEEE, New York.
36. R., Turvey, Ensuring adequate generation capacity. Utilities Policy 11, 2003. 95-102.
37. Weinmann, J., 2002. An institutional characterisation of electricity sector restructuring in Latin America. Presentation at the ISNIE International Conference. MIT, Boston, September 2002, 33pp.
38. Wilson, R., 1998. Efficiency consideration in designing electricity markets. Report to the Competition Bureau of Industry, Canada.
39. R. Wilson, Architecture of power markets. Econometrica 70 (4). 2002. 1299-1340.
40. World Bank Energy after the Financial Crisis. 1999. World Bank, Washington DC.