The Need for Revaluation of the Model Structure for Electricity Liberalization
The question about an appropriate structure for the electricity industry has been extensively discussed in scientific literature and experts studies. Since the beginning of electricity liberalization, it was apparent for its promoters that such a structure (in this paper referred to as the modelstru...
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| Format: | Article |
| Language: | English |
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University of Warsaw
2011-08-01
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| Series: | Yearbook of Antitrust and Regulatory Studies |
| Subjects: | |
| Online Access: | https://yars.wz.uw.edu.pl/images/yars2011_4_4/Szablewski_The_Need_for_Revaluation.pdf |
| _version_ | 1818436537469108224 |
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| author | Andrzej T. Szablewski |
| author_facet | Andrzej T. Szablewski |
| author_sort | Andrzej T. Szablewski |
| collection | DOAJ |
| description | The question about an appropriate structure for the electricity industry has been extensively discussed in scientific literature and experts studies. Since the beginning of electricity liberalization, it was apparent for its promoters that such a structure (in this paper referred to as the modelstructure or ideal structural model) for the electricity sector should involve a separation of its four sub-sectors, i.e., generation, transmission, distribution, and supply. With the exception of transmission, each sub-sector should consist of many stand-alone type companies. Given the high degree of vertical and horizontal integration of the electricity sectors, their pro-competitive restructuring (i.e., de-integration) became a standard component of electricity sector reform packages. This paper provides a concise review of the origins and justification of the initial model structure for electricity liberalization, as well as an overview of the restructuring developments in the early years of electricity liberalization. Some attention is also devoted to the EU’s unbundling initiatives. The core part of this paper discusses the first signs indicating the crisis of the initial structural canon. The paper concludes with some comments referring to the modified form for a model structure that is emerging. It involves vertical integration of generation and supply and allows a higher degree of horizontal concentration of the electricity competitive markets. |
| first_indexed | 2024-12-14T17:10:21Z |
| format | Article |
| id | doaj.art-f473926c93404f68893aa48876048e6a |
| institution | Directory Open Access Journal |
| issn | 1689-9024 2545-0115 |
| language | English |
| last_indexed | 2024-12-14T17:10:21Z |
| publishDate | 2011-08-01 |
| publisher | University of Warsaw |
| record_format | Article |
| series | Yearbook of Antitrust and Regulatory Studies |
| spelling | doaj.art-f473926c93404f68893aa48876048e6a2022-12-21T22:53:36ZengUniversity of WarsawYearbook of Antitrust and Regulatory Studies1689-90242545-01152011-08-0144201223The Need for Revaluation of the Model Structure for Electricity LiberalizationAndrzej T. SzablewskiThe question about an appropriate structure for the electricity industry has been extensively discussed in scientific literature and experts studies. Since the beginning of electricity liberalization, it was apparent for its promoters that such a structure (in this paper referred to as the modelstructure or ideal structural model) for the electricity sector should involve a separation of its four sub-sectors, i.e., generation, transmission, distribution, and supply. With the exception of transmission, each sub-sector should consist of many stand-alone type companies. Given the high degree of vertical and horizontal integration of the electricity sectors, their pro-competitive restructuring (i.e., de-integration) became a standard component of electricity sector reform packages. This paper provides a concise review of the origins and justification of the initial model structure for electricity liberalization, as well as an overview of the restructuring developments in the early years of electricity liberalization. Some attention is also devoted to the EU’s unbundling initiatives. The core part of this paper discusses the first signs indicating the crisis of the initial structural canon. The paper concludes with some comments referring to the modified form for a model structure that is emerging. It involves vertical integration of generation and supply and allows a higher degree of horizontal concentration of the electricity competitive markets.https://yars.wz.uw.edu.pl/images/yars2011_4_4/Szablewski_The_Need_for_Revaluation.pdfelectricity liberalizationmodel structureunbundlinginternal electricity marketeu restructuring developments |
| spellingShingle | Andrzej T. Szablewski The Need for Revaluation of the Model Structure for Electricity Liberalization Yearbook of Antitrust and Regulatory Studies electricity liberalization model structure unbundling internal electricity market eu restructuring developments |
| title | The Need for Revaluation of the Model Structure for Electricity Liberalization |
| title_full | The Need for Revaluation of the Model Structure for Electricity Liberalization |
| title_fullStr | The Need for Revaluation of the Model Structure for Electricity Liberalization |
| title_full_unstemmed | The Need for Revaluation of the Model Structure for Electricity Liberalization |
| title_short | The Need for Revaluation of the Model Structure for Electricity Liberalization |
| title_sort | need for revaluation of the model structure for electricity liberalization |
| topic | electricity liberalization model structure unbundling internal electricity market eu restructuring developments |
| url | https://yars.wz.uw.edu.pl/images/yars2011_4_4/Szablewski_The_Need_for_Revaluation.pdf |
| work_keys_str_mv | AT andrzejtszablewski theneedforrevaluationofthemodelstructureforelectricityliberalization AT andrzejtszablewski needforrevaluationofthemodelstructureforelectricityliberalization |