DOI: 10.1016/j.enpol.2020.111585
论文题名: Understanding the coevolution of electricity markets and regulation
作者: Gencer B. ; Larsen E.R. ; van Ackere A.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 143 语种: 英语
中文关键词: Behaviour
; Deregulation
; Electricity markets
英文关键词: Competitive markets
; Different stages
; Environmental concerns
; Market evolution
; Multiple services
; Regulatory decisions
; Regulatory frameworks
; Service provider
; Power markets
; competitiveness
; deregulation
; electricity supply
; energy market
; liberalization
; monopoly
英文摘要: Electricity markets are complex; they involve long lead-times, include feedbacks that are generally hard to interpret and are influenced by environmental concerns and political objectives. After liberalization, the markets moved from a monopoly situation with a single service provider and captive customers to competitive markets with multiple service providers. Foreseeing the consequences of regulatory decisions is thus becoming increasingly complicated for the regulator. However, understanding these is central to avoid mismatches between the markets and their regulation, which could result in unanticipated and costly long-term consequences. In this paper we aim to provide a behavioural regulatory framework to help understand how electricity markets and their regulation can successfully coevolve. We identify four stages of market evolution, with their respective regulatory challenges. Next, we discuss several behavioural elements that affect electricity markets at the different stages. We then provide examples of regulatory failures at the different market stages, highlighting the role of the behavioural factors. We conclude with a general discussion of how this framework can contribute to addressing the challenges involved in regulating electricity markets. © 2020 Elsevier Ltd Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167178
Appears in Collections: 气候变化与战略
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作者单位: University of Lausanne, Faculty of Business and Economics (HEC Lausanne), Quartier UNIL-Chamberonne, Lausanne, 1015, Switzerland; Aarhus University, Department of Management, Fuglesangs Allé 4, Aarhus V, DK - 8210, Denmark
Recommended Citation:
Gencer B.,Larsen E.R.,van Ackere A.. Understanding the coevolution of electricity markets and regulation[J]. Energy Policy,2020-01-01,143