Technical efficiency in electricity generation - the impact of smallness and isolation of island economies

Technical efficiency in electricity generation - the impact of smallness and isolation of island economie

The restructuring and privatisation of the electricity distribution and supply businesses in England

In December 1990, the 12 regional electricity companies — responsible for the distribution and supply of electricity in England and Wales — were privatised. For the first few years following privatisation, real prices, profits and costs in the industry rose. Following two Price Control Reviews, prices have now fallen sharply and there have been substantial reductions in costs and more recently in profits. This paper attempts to conduct a social cost-benefit analysis of the privatisation by examining actual and predicted falls in costs over the period to 2005. We conclude that the privatisation did yield significant net benefits but that these were unevenly distributed across time and groups in society. Relative to our preferred counterfactual, consumers experience slightly lower prices and the government gains £5 billion in sale proceeds and net taxes. However, consumers begin to gain only from 2000.

Modelling the Costs of Electricity Regulation: Evidence of Human Resource Constraints in Developing Countries

Successful electricity industry reform depends on the presence of an appropriately staffed regulatory agency for the liberalised sector. However developing countries can have resource constraints that make the establishment of an effective regulatory agency difficult. This paper attempts an econometric modelling of staff numbers in electricity regulatory institutions. We specify a model of the determinants of staff numbers that reflects electricity system complexity as well as national economic and regulatory environments. We empirically estimate a translog cost function specification of the model using data on 60 electricity regulators collected from an international questionnaire survey in 2000-01. We conclude that there are significant differences between the regulatory cost functions of developed and developing countries and that, in establishing independent regulatory agencies, developing countries face high fixed costs relative to market size.Electricity Regulation; International Comparisons; Human Resources

Modelling the Costs of Electricity Regulation: Evidence of Human Resource Constraints in Developing Countries

Modelling the Costs of Electricity Regulation: Evidence of Human Resource Constraints in Developing Countrie

The economics of reform of the electricity supply industry : the case of small islands

EThOS - Electronic Theses Online ServiceGBUnited Kingdo

Modelling the costs of electricity regulation Evidence of human resource constraints in developing countries

Includes bibliographical references. Title from cover. CMI working paper seriesAvailable from British Library Document Supply Centre- DSC:3509. 880(WP 0229) / BLDSC - British Library Document Supply CentreSIGLEGBUnited Kingdo