Pricing effects of the electricity market reform in Brazil

2021 ◽  
pp. 105197
Author(s):  
Toby Daglish ◽  
Gabriel Godofredo Fiuza de Bragança ◽  
Sally Owen ◽  
Teresa Romano
Keyword(s):  
Electricity Market ◽  
Market Reform

scholarly journals Effects of Market Reform on Facility Investment in Electric Power Industry: Panel Data Analysis of 27 Countries

2018 ◽  
Vol 10 (9) ◽  
pp. 3235 ◽  
Author(s):  
Juyong Lee ◽  
Youngsang Cho ◽  
Yoonmo Koo ◽  
Chansoo Park
Keyword(s):  
Electricity Market ◽  
Government Regulation ◽  
Panel Data Analysis ◽  
Random Effect ◽  
Electric Power Industry ◽  
Market Reform ◽  
Positive Effects ◽  
Reserve Ratio ◽  
Base Load ◽  
Generation Facility

In this study, we analyzed the effects of electricity market reform on investment in generation facilities. We used the data of 27 OECD member countries and considered ownership structure, horizontal and vertical unbundling, change of transaction method, and government regulation as explanatory variables for market reform. We used four regression models, in which we examined the effects of market reform on the capacity of generation facilities, supply reserve ratio, total investment, and base-load share, respectively. For each panel regression model, we performed a Hausman test to identify the model between random effect and fixed effect. Based on the estimation results, we found that electricity market reform has a negative effect on generation facilities in most countries. Both privatization and regulation have negative impacts on the generation facility and base-load share. On the other hand, the level of liberalization of transactions have positive effects on the generation facility, supply reserve ratio, and base-load share. The empirical analysis also showed that horizontal unbundling does not have a meaningful effect on investment, but vertical unbundling contributes to increasing the supply reserve ratio.

scholarly journals Roadmap of retail electricity market reform in China: assisting in mitigating wind energy curtailment

2017 ◽  
Vol 52 ◽  
pp. 012031 ◽  
Author(s):  
Dezhao Yu ◽  
Huadong Qiu ◽  
Xiang Yuan ◽  
Yuan Li ◽  
Changzheng Shao ◽  
...  
Keyword(s):  
Wind Energy ◽  
Electricity Market ◽  
Market Reform

Report: Wec Seminar on UK Electricity Market Reform 20th January 2011

2011 ◽  
Vol 22 (3) ◽  
pp. 321-322
Author(s):  
Sonja Boehmer-Christiansen
Keyword(s):  
Electricity Market ◽  
Market Reform

scholarly journals Evaluating the Investment Efficiency of China’s Provincial Power Grid Enterprises under New Electricity Market Reform: Empirical Evidence Based on Three-Stage DEA Model

Energies ◽  
2019 ◽  
Vol 12 (18) ◽  
pp. 3524 ◽  
Author(s):  
Jingqi Sun ◽  
Nuermaimaiti Ruze ◽  
Jianjun Zhang ◽  
Haoran Zhao ◽  
Boyang Shen
Keyword(s):  
Electricity Market ◽  
Power Grid ◽  
External Environment ◽  
Electricity Consumption ◽  
Market Reform ◽  
Gdp Per Capita ◽  
Scale Efficiency ◽  
Investment Efficiency ◽  
Environment Variables ◽  
Per Capita

The new round of electricity market reform in 2015 completely changed the profit pattern of power grid enterprises (PGEs) in China, and directly affected their investment plans. Under the new electricity market reform (NEMR), the government regulatory authority made higher requirements for the investment efficiency of PGEs, and the investment effectiveness hence became the core criterion for investment plans. Therefore, the PGEs are now attaching great importance to the investment efficiency. According to their geographical differences, this paper divides the Chinese provincial PGEs into three groups, namely eastern, central and western region enterprises. Based on the NEMR, we developed an evaluation system of investment efficiency for the above-mentioned enterprises. Moreover, this paper selects GDP per capita, electricity consumption in industry, and electrification rate as external environment variables, and conducts an empirical research on the investment efficiency of 31 provincial PGEs in China in 2017. The analysis reveals that three external environment variables have considerable impacts on the investment efficiency. Though the increase of GDP per capita and electricity consumption in industry are not conducive to improving investment efficiency, the advancement of electrification plays a positive role in its improvement. And from the real efficiency results, Tianjin, Liaoning, Jiangsu, and Fujian have relatively higher investment efficiency, while Henan, Shandong, and Shanghai exhibit lower investment efficiency. By comparing the investment efficiency of PGEs in the first and third stage, conclusions can be drawn that in the first stage the investment efficiency of PGEs was overestimated, and the inefficient investments prevailed some provincial PGEs, which caused by low scale efficiency.

Dynamics of risk management tools and auctions in the second phase of the Brazilian Electricity Market reform

Energy Policy ◽  
2010 ◽  
Vol 38 (4) ◽  
pp. 1715-1733 ◽  
Author(s):  
Fabio Cavaliere de Souza ◽  
Luiz Fernando Loureiro Legey
Keyword(s):  
Risk Management ◽  
Electricity Market ◽  
Market Reform ◽  
Second Phase ◽  
Management Tools

Analysis of Smart Grid Affecting Electricity Market in China Based on Smart Materials

2011 ◽  
Vol 63-64 ◽  
pp. 493-496
Author(s):  
Hong Ze Li ◽  
Sen Guo ◽  
Bao Wang
Keyword(s):  
Smart Grid ◽  
Power Quality ◽  
Electricity Market ◽  
Smart Materials ◽  
Green Energy ◽  
Market Reform ◽  
Demand Side ◽  
Low Carbon ◽  
Interconnected Power System ◽  
The Impact

China’s electricity market reform has been on almost 10 years, and the proposition of constructing "Strong Smart Grid” in China has aroused widespread concerns, and also made an impact on electricity market. To assess the impact on electricity market, considering the current situation of China's electricity market, based on smart materials, analyze the risks of electricity market from constructing smart grid in terms of low-carbon power accessing grid, wide-area interconnected power system and large-capacity batch of green energy accessing grid, and also propose some requirements for electricity market from the perspective of power quality, demand side management and trading platform. Developing smart grid will promote China’s electricity market reform.

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