GODIN, Jean-Théodore, POLET, Manon, and JAMAR DE BOLSÉE, Arthur
European Journal of Risk Regulation. Jun2018, Vol. 9 Issue 2, p192-207. 16p.
Energy management, Government policy, Electric current regulators, Electricity, Regulatory compliance, and Electric power consumption
The purpose of this contribution is to analyse the role granted to - or assumed by - the Agency for the Cooperation of Energy Regulators ("ACER") in relation to the implementation of Regulation 1227/20111 ("REMIT"), with a specific focus on the electricity market. It ultimately calls for a clarification of the status of ACER in the European energy regulatory framework. [ABSTRACT FROM AUTHOR]
Universal access to modern energy services, in terms of access to electricity and to modern cooking facilities, has been recognized as a fundamental challenge for development. Despite strong praise for action and the deployment of large-scale electrification programs and improved cookstove (ICS) distribution campaigns, few studies have shed light on the barriers to, the enablers of and the impacts of access to energy on development outcomes, using rigorous methodologies. This paper reviews this recent strand of research, trying to fill these gaps. The authors focus on the demand-side and household perspective. Their main outcomes of interest are electricity connection and ICS adoption for the analysis of barriers, time allocation, labor market outcomes and welfare for the impact analysis. They provide evidence of significant wellbeing impacts of electrification and mixed evidence for cookstoves. [ABSTRACT FROM AUTHOR]
Journal of Economic History. Dec2015, Vol. 75 Issue 4, p1161-1195. 35p.
Socioeconomics, History of electricity, Electrification, Agricultural productivity, and Electricity
To isolate the impact of access to electricity on local economies, we examine the impact of the Rural Electrification Administration low-interest loans in the 1930s. The REA provided loans to cooperatives to lay distribution lines to farms and aid in wiring homes. Consequently, the number of rural farm homes electrified doubled in the United States within five years. We develop a panel data set for the 1930s and use changes within counties over time to identify the effect of the REA loans on a wide range of socio-economic measures. The REA loans contributed significantly to increases in crop output and crop productivity and helped stave off declines in overall farm output, productivity, and land values, but they had much smaller effects on nonagricultural parts of the economy. The ex-ante subsidy from the low-interest loans was large, but after the program was completed, nearly all of the loans were fully repaid, and the ultimate cost to the taxpayer was relatively low. [ABSTRACT FROM AUTHOR]
Revista de Historia Económica / Journal of Iberian & Latin American Economic History. Sep2012, Vol. 30 Issue 2, p287-320. 34p.
Electric rates, Rent (Economic theory), Government policy, Electricity, Public utilities policy, Government regulation -- Economic aspects, Portugal -- Economic conditions -- 20th century, Twentieth century, and Portugal -- Economic conditions
This article analyses the origin of the persistently high level of electricity prices that hampered the expansion of electricity consumption during the interwar period in Porto. Initially, the rent-seeking behaviour of both the supply firm and the City Hall at the local level affected the expansion of the local electricity market. During the 1930s, this collusion at municipal level coincided with unpredictable energy policies at state level. This circumstance impeded the indispensable increase of scale and the building of a regional market of electricity in north Portugal. The literature on regulation and institutional analysis has proved very useful. Finally, though equally important, primary sources from company archives and institutional bodies were also employed. [ABSTRACT FROM PUBLISHER]
Time series analysis, Market volatility, Nonlinear theories, Nonlinear statistical models, and Electricity
In this article, we show how tests of nonlinear serial dependence can be applied to high-frequency time series data that exhibit high volatility, strong mean reversion, and leptokurtotis. Portmanteau correlation, bicorrelation, and tricorrelation tests are used to detect nonlinear serial dependence in the data. Trimming is used to control for the presence of outliers in the data. The data that are employed are 161,786 half-hourly spot electricity price observations recorded over nearly a decade in the wholesale electricity market in New South Wales, Australia. Strong evidence of nonlinear serial dependence is found and its implications for time series modeling are discussed. [ABSTRACT FROM AUTHOR]
World Trade Review. Jul2004, Vol. 3 Issue 2, p161-187. 27p.
International trade, Renewable natural resources, and Electricity
This article analyses the relationship between national climate change policy instruments and WTO rules with particular emphasis on the case of Germany. Our main finding is that national policies whose aim is to reduce greenhouse gases can be brought into compliance with international trade law. Compliance can be achieved, first, through various methods of labelling electricity from renewable resources. Second, it can be achieved through trading systems for green certificates that respect basic WTO principles. Third, it can be achieved through energy taxes. To offset the competitive impacts of such taxes, border tax adjustments are a possibility. Although WTO law has not yet clearly defined the eligibility of border tax adjustments for energy taxes, the balance of evidence suggests that it would support such adjustments under certain circumstances. Fourth, compliance with WTO rules can be achieved through financial incentives to the producers of energy from renewable sources which are conferred in such a way that they do not pass through the hands of the government. Hence, climate change policies can even rely on "subsidies" (in the economic sense) without getting into conflict with WTO rules. Fifth, when compliance cannot be achieved, national policies aiming at international environmental protection can claim an exception under GATT Article XX (b) or (g) if measures are not applied in an arbitrary or discriminatory manner. In addition, countries should further strive to find solutions to the global climate change problem in the Kyoto process. [ABSTRACT FROM AUTHOR]
Journal of Economic History. Sep87, Vol. 47 Issue 3, p693. 17p. 3 Charts.
Electric utilities, Prices, Electricity, Electric power, and History
Examines profit-maximizing price discrimination and the adoption of the electricity demand-charge by electric utilities in the United States (U.S.) between 1905 and 1915. Impact of the market structure on the development of the U.S. electric power industry; Competition between electric utilities and isolated electric plant.