The Impact of the Restructuring of the Electric Power Industry on its Workforce

Author(s):  
Jack Casazza ◽  
Frank Delea
2012 ◽  
Vol 11 (2) ◽  
pp. 62-92 ◽  
Author(s):  
Guy Liu ◽  
Liang Zhang

Despite three decades of reform, China's electricity sector is still organized by a “new reformed plan” where capacity investment has been liberalized but prices and production remain controlled. This paper examines the impact of the current plan prices on end-users with reference to the OECD and how the plan price of electricity supply is formed. We argue that the plan price is set in an attempt to balance the interests of the public and the power industry. We find that China's industries do not pay a cheaper price for electricity than the West, and the plan price is formed through bargain between the firm and the state, which allows the firm to have a soft price constraint on its costs.


2020 ◽  
Vol 217 ◽  
pp. 07002
Author(s):  
Natalya Solopova ◽  
Oleg Karpovich ◽  
Anna Minnullina ◽  
Ruslan Minnullin

The life-supporting role of the electric power industry during the spread of the coronavirus was especially pronounced. Electricity has become necessary for remote education of children, video calls, hospitals, etc. The main trends in electricity demand include changes in the ratio of electricity consumption in industry, transport and commercial sectors, as well as households due to the quarantine of some consumers. The paper identifies key risk-forming factors for the energy industry at the macro level and, based on an expert assessment, identifies the most probable and most powerful risks. By analogy with external risk-forming factors, the internal risk-forming factors of energy companies were analyzed, and their range of internal risks was determined.


2018 ◽  
Author(s):  
Derek Ryan Strong

The impact of new technologies within and across industries is only felt through their widespread diffusion, yet studies of technology diffusion are scarce compared to other aspects of the innovation process. The electric power industry is one industry that is currently undergoing substantial change as a result of both technological and institutional innovations. In this dissertation I examine the economic rationale for the adoption of smart meters by electric power utilities and the relationship between smart meters and the evolving electric power industry. I contribute to empirical research on technology diffusion by studying the early diffusion of smart meters in the US electric power industry.Using a panel dataset and econometric models, I analyze the determinants of both the interfirm and intrafirm diffusion of smart meters in the United States. The empirical findings suggest multiple drivers of smart meter diffusion. Policy and regulatory support have had a significant, positive impact on adoption but have not been the only relevant determinants. The findings also suggest that utility characteristics and some combination of learning, cost reductions, and technology standards have been important determinants affecting smart meter diffusion. I also explore the policy implications resulting from this analysis for enhancing the diffusion of smart meters. The costs and benefits of adopting smart meters have been more uncertain than initially thought, suggesting that some policy support for adoption was premature. The coordination of policies is also necessary to achieve the full benefits of using smart meters.


2021 ◽  
Vol 284 ◽  
pp. 06014
Author(s):  
Sofia Semukhina ◽  
Dinara Bostanova ◽  
Artem Lazarev

The article is devoted to the analysis of the impact of the electroenergetics on the environment, as well as to the consideration of possible scenarios for minimizing the impact of electroenergetics on the ecosystem in the future, taking into account its investment prospects and benefits. The aim of the study was to develop the most likely scenario of the impact of the electric power industry on the ecosystem. The result of the study was the pessimistic, optimistic, and basic scenarios of the most likely impact of the electric power industry on the environment for the current situation in the world, the assessment of alternative sources of electricity as the main element of reducing the negative impact of electricity on the environment. The scenarios are considered by the consumer with pairwise comparisons. Understanding the relative environmental impacts of different sources of electricity is essential for developing sound energy policies and responsible investment.


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