Electricity Sector Restructuring And Competition - Lessons Learned

Paul Joskow

Working Papers from Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research

Abstract: 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.

Date: 2003-08
References: Add references at CitEc
Citations:

Downloads: (external link)
http://tisiphone.mit.edu/RePEc/mee/wpaper/2003-014.pdf (application/pdf)

Related works:
Journal Article: Electricity Sector Restructuring and Competition: Lessons Learned (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mee:wpaper:0314

Access Statistics for this paper

More papers in Working Papers from Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research Contact information at EDIRC.
Bibliographic data for series maintained by Sharmila Ganguly ( this e-mail address is bad, please contact ).