Power Failure: Addressing the Causes of Underinvestment, Inefficiency and Governance Problems in Ontario's Electricity Sector

Michael Wyman

C.D. Howe Institute Commentary, 2008, issue 261

Abstract: Economic and policy problems plague Ontario’s electricity sector six years after the government’s initial attempt at market liberalization in 2002. Several changes of direction later, the electricity sector has a hybrid structure of regulation and market forces, with a central procurement role assigned to the Ontario Power Authority (OPA). This paper questions whether a central procurement approach represents the best means of achieving a well-functioning electricity sector and, if not, what better approach exists.

Keywords: governance; and; public; institutions (search for similar items in EconPapers)
JEL-codes: L94 L98 Q4 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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