Electricity sector restructuring and competition : lessons learned
We now have over a decade of experience with the privatization, restructuring, regulatory reform, and wholesale and retail competition in electricity sectors around the world. The objectives and design attributes of these reform programs are reviewed. The improvements in sector performance that have...
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| Format: | Working Paper |
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MIT Center for Energy and Environmental Policy Research
2009
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| Online Access: | http://hdl.handle.net/1721.1/45007 |
| _version_ | 1811068797527785472 |
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| author | Joskow, Paul L. |
| author2 | Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. |
| author_facet | Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. Joskow, Paul L. |
| author_sort | Joskow, Paul L. |
| collection | MIT |
| description | We now have over a decade of experience with the privatization, restructuring, regulatory reform, and wholesale and retail competition in electricity sectors around the world. The objectives and design attributes of these reform programs are reviewed. The improvements in sector performance that have been achieved are discussed. The nature and sources of performance problems are also reviewed. Several lessons learned from this experience are identified and their implications for successful ongoing electricity reform initiatives presented. Electricity sector restructuring, regulatory reform and competition initiatives can yield significant consumer benefits when these reforms are designed and implemented well. Applying the lessons learned from recent experience can yield larger consumer benefits in the future. |
| first_indexed | 2024-09-23T08:01:19Z |
| format | Working Paper |
| id | mit-1721.1/45007 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2024-09-23T08:01:19Z |
| publishDate | 2009 |
| publisher | MIT Center for Energy and Environmental Policy Research |
| record_format | dspace |
| spelling | mit-1721.1/450072019-04-09T16:09:12Z Electricity sector restructuring and competition : lessons learned Joskow, Paul L. Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. We now have over a decade of experience with the privatization, restructuring, regulatory reform, and wholesale and retail competition in electricity sectors around the world. The objectives and design attributes of these reform programs are reviewed. The improvements in sector performance that have been achieved are discussed. The nature and sources of performance problems are also reviewed. Several lessons learned from this experience are identified and their implications for successful ongoing electricity reform initiatives presented. Electricity sector restructuring, regulatory reform and competition initiatives can yield significant consumer benefits when these reforms are designed and implemented well. Applying the lessons learned from recent experience can yield larger consumer benefits in the future. 2009-04-03T17:05:45Z 2009-04-03T17:05:45Z 2003 Working Paper 2003-014 http://hdl.handle.net/1721.1/45007 53193666 MIT-CEEPR (Series) ; 03-014WP. 15, 3 p application/pdf MIT Center for Energy and Environmental Policy Research |
| spellingShingle | Joskow, Paul L. Electricity sector restructuring and competition : lessons learned |
| title | Electricity sector restructuring and competition : lessons learned |
| title_full | Electricity sector restructuring and competition : lessons learned |
| title_fullStr | Electricity sector restructuring and competition : lessons learned |
| title_full_unstemmed | Electricity sector restructuring and competition : lessons learned |
| title_short | Electricity sector restructuring and competition : lessons learned |
| title_sort | electricity sector restructuring and competition lessons learned |
| url | http://hdl.handle.net/1721.1/45007 |
| work_keys_str_mv | AT joskowpaull electricitysectorrestructuringandcompetitionlessonslearned |