Managing Demand-Side Economic and Political Constraints on Electricity Industry Re-structuring Processes

Frank A. Wolak

No 2011/61, RSCAS Working Papers from European University Institute

Abstract: This paper identifies the major political and economic constraints that impact the demand-side of electricity industry re-structuring processes. It then describes how these constraints have been addressed and how this has harmed market efficiency and system reliability. Finally, the paper proposes demand-side regulatory interventions to manage these constraints in a manner that limits the harm to wholesale market efficiency.

Keywords: Demand side; electricity industry reform; regulatory action (search for similar items in EconPapers)
Date: 2011-11-30
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