Electricity market reform failures: UK, Norway, Alberta and California

By Chi-Keung Woo, D. Lloyd, Ashler Tishler. 2003

208 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering, Safety, Risk, Reliability and Quality

View Paper: https://www.semanticscholar.org/paper/01fe542231ca03d1f91513dfe3c5174886c3a75a

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In Electrical and Electronic Engineering

In Safety, Risk, Reliability and Quality

Citations in the corpus

A review of electricity product differentiation (2014, background): “, the power pool and the bilateral market), or through load-serving entities (LSEs), such as local distribution companies (LDCs) and retailers that procure power from wholesale generation markets [24–33].”
Residential implementation of critical-peak pricing of electricity (2007, background): “While factors leading up to the onset of the California electricity crisis are complex, there is reasonable consensus that the lack of real-time response by retail demand was a major contributor to its severity and duration (Borenstein, 2002; Jurewitz, 2002; Woo, 2001; Woo et al., 2003).”
Insufficient incentives for investment in electricity generations (2004, background): “Analysis by Woo et al. (2003) confirms the implied result - trading of forward and futures-contracts is thin in liberalized markets.”
Electricity reform in developing and transition countries : A reappraisal (2006, background): “Other international developments that raised doubts about reform policies were price spikes and evidence of market failures in high-profile competitive experiments such as the UK, Norway, Ontario, and Alberta [35]; the collapse of Enron and Arthur Andersen, two of the most zealous missionaries of el”
An international review of the implications of regulatory and electricity market structures on the emergence of grid scale electricity storage (2014, unknown): “Such measures have been put in place by Ofgem in the past [160].”
A Real Options Evaluation Model for the Diffusion Prospects of New Renewable Power Generation Technologies (2008, result): “…market environment, at least initially.7 In the longer term, one could expect it to approach its initial level, as has been argued, for example, by Woo et al. (2003), or even to increase, as suggested, for instance, by Bower et al. (2001), Madlener/Jochem (2001), and Olsina et al. (forthcoming).”
China's electricity market-oriented reform: From an absolute to a relative monopoly (2012, background): “The role of the wholesale market is to allow trading between generators, retailers and other financial intermediaries both for short-term delivery of electricity and for future delivery periods (Sioshansi and Pfaffenberger, 2006; Woo et al., 2003).”