scholarly journals Assessment of electricity distribution business model and market design alternatives: Evidence for policy design

2018 ◽  
Vol 31 (1) ◽  
pp. 40-59 ◽  
Author(s):  
Guillermo Ivan Pereira ◽  
Patrícia Pereira da Silva ◽  
Deborah Soule
Keyword(s):  
Business Model ◽  
Delphi Study ◽  
Distribution System ◽  
Policy Design ◽  
Market Design ◽  
Electricity Sector ◽  
Policy Framework ◽  
Electricity Distribution ◽  
Policy Makers ◽  
Evidence For Policy

The transition toward smart electricity distribution grids is transforming the European electricity sector. This has contributed to increased attention by policy makers regarding the future role of electricity distribution system operators in a more flexible, digital, and renewables-based electricity system. A better understanding on how to support the adaptation of the electricity distribution industry can contribute to the introduction of an effective policy framework. Our research provides evidence for policy design by presenting the results of a Policy Delphi study focused on business model and market design adaptation alternatives. We highlight the importance of supporting innovation and a more proactive approach to adaptation from both distribution system operators and regulators. Our findings support the importance of electricity distribution for neutral market facilitation, contributing to market development and enabling new market players. The results obtained support policy makers working on electricity sector adaptation and can contribute to the ongoing market redesign efforts under the Energy Union.

scholarly journals Technology, business model, and market design adaptation toward smart electricity distribution: Insights for policy making

Energy Policy ◽  
2018 ◽  
Vol 121 ◽  
pp. 426-440 ◽  
Author(s):  
Guillermo Ivan Pereira ◽  
Jan Martin Specht ◽  
Patrícia Pereira Silva ◽  
Reinhard Madlener
Keyword(s):  
Business Model ◽  
Policy Making ◽  
Market Design ◽  
Electricity Distribution

ANALYSING BARRIERS TO SUSTAINABLE BUSINESS MODEL INNOVATIONS: INNOVATION SYSTEMS APPROACH

2014 ◽  
Vol 18 (06) ◽  
pp. 1440010 ◽  
Author(s):  
MINTTU LAUKKANEN ◽  
SAMULI PATALA
Keyword(s):  
Business Model ◽  
Delphi Study ◽  
Business Models ◽  
Systems Approach ◽  
Innovation System ◽  
Cultural Barriers ◽  
System Level ◽  
Sustainable Business ◽  
Cultural Changes ◽  
Policy Makers

Business model innovations are recognised as a key to the creation of sustainable business, but their adoption by firms has been slow. Organisations can only be sustainable when the whole societal system is sustainable. Both structural and cultural changes are required to facilitate firm- and system-level sustainability. The central idea of this paper is to examine how societal transition towards sustainable business models (SBMs) can be achieved. Through a qualitative Delphi study, we assess and categorise the key structural and cultural barriers to sustainable business model innovation (SBMI). By applying the innovation system approach, we explain how to overcome existing barriers by strengthening the functions of the innovation system. We analyse how these barriers can be overcome through the activities of governments, firms, and consumers, and discuss the wider implications of our research for practitioners, policy-makers, and researchers.

scholarly journals Appraisal of Aggregate Technical, Commercial and Collection Losses in Nigerian Electricity Distribution System

2021 ◽  
Vol 17 (4) ◽  
pp. 286-294
Author(s):  
U.A. Dodo ◽  
M. N. Nwohu ◽  
I.N. Abubakar ◽  
M.A. Dodo
Keyword(s):  
Power System ◽  
Distribution System ◽  
Distribution Systems ◽  
Collection Efficiency ◽  
Point Of View ◽  
Electricity Distribution ◽  
Policy Makers ◽  
Reliable Parameter ◽  
Distribution Company ◽  
The Cost

From a practical point of view, no power system is free of losses. Power system losses, especially in distribution systems are usually high and result in increasing the cost of operations to the electric utilities and the price tag of electricity to the consumers. Aggregate Technical, Commercial and Collection (ATC&C) losses is a reliable parameter that reveals the true energy and revenue loss conditions of distribution systems. In this paper, mathematical models were developed for the determination of billing efficiency, collection efficiency, and ATC&C losses using Life Camp Area Office’s network of Abuja Electricity Distribution Company Plc Nigeria, as a case study. The average billing efficiency, collection efficiency and ATC&C losses for the period under review were found to be 89.73%,84.80%, and 23.79% respectively. An understanding of appraisal of these losses is important to the power system Engineers, energy policy makers, and the power firms as it enables areas of high losses in the network to be identified, which will give room for credible investment plans and subsequent monitoring of the losses. Keywords: ATC&C losses, billing, energy, distribution system, revenue

Financial Reporting Regulation and the Reporting of Pro Forma Earnings

2006 ◽  
Vol 20 (1) ◽  
pp. 39-55 ◽  
Author(s):  
Gary M. Entwistle ◽  
Glenn D. Feltham ◽  
Chima Mbagwu
Keyword(s):  
Financial Reporting ◽  
Primary Objective ◽  
Public Confidence ◽  
Strong Impact ◽  
Policy Makers ◽  
Generally Accepted Accounting Principles ◽  
Pro Forma Earnings ◽  
Sarbanes Oxley ◽  
Evidence For Policy ◽  
Pro Forma

A primary objective of the Sarbanes-Oxley Act is to bolster public confidence in the U.S. capital markets. The SEC aims to achieve this objective in part by regulating the use of alternate earnings measures (colloquially referred to as “pro forma” earnings) that differ from generally accepted accounting principles. This paper examines whether firms change their reporting practice in response to pro forma regulation. Specifically, it examines whether the use, calculation, and presentation of pro forma measures by S&P 500 companies changes between 2001 and 2003. We document three significant shifts in pro forma reporting in this period. First, the proportion of firms reporting pro forma earnings declines from 77 to 54 percent. Second, by 2003, pro forma is used in a less biased manner. Not only is the proportion of firms using pro forma earnings to increase reported income smaller than in 2001, but also the magnitudes of these increases are reduced. Third, in 2003, firms present pro formas in press releases in a much less prominent and less potentially misleading manner. These results suggest a strong impact of the recent regulation of pro forma reporting and provide important empirical evidence for policy makers.

DEA window analysis and Malmquist index to assess efficiency and productivity in the Spanish electricity sector

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jaime Sánchez-Ortiz ◽  
Teresa Garcia-Valderrama ◽  
Vanesa Rodríguez-Cornejo ◽  
Francisca Cabrera-Monroy
Keyword(s):  
Malmquist Index ◽  
Electricity Sector ◽  
Theory Of Constraints ◽  
Economic Regulation ◽  
Data Envelopment ◽  
Electricity Distribution ◽  
Content Type ◽  
External Constraints ◽  
Efficiency And Productivity ◽  
Dea Window Analysis

Purpose The purpose of this paper is to demonstrate that overcapacity and tariff deficit (external constraints) negatively affect the efficiency of distribution firms in the Spanish electricity sector. To do this, the paper is based on the theory of constraints and theory of economic regulation. Design/methodology/approach Data envelopment analysis (DEA) window methodology is carried out on the constant scales (I-C) with a sample consisting of five main distribution firms during the period from 2006 to 2015. In turn, an analysis of the Malmquist index is carried out to assess whether it has had a displacement with respect to the efficiency frontier. Findings The results show that the overcapacity and the tariff deficit negatively affect the efficiency of the distribution firms of the Spanish electricity sector. In addition, there is an existence of external constraints that affect the activities of regulated organisations and the importance of adequate legislation in regulated sectors. Originality/value This study defines a model that shows how the efficiency problems associated with electricity distribution companies such as productive overcapacity or tariff deficit can be measured based on the theory of constraints and theory of economic regulation.

Socio economic and psychological dimensions of migration-induced exclusion of the elderly in Kerala, India: an empirical analysis

2016 ◽  
Vol 12 (1) ◽  
pp. 51-65
Author(s):  
Damodaran Rajasenan ◽  
M. S. Jayakumar ◽  
Bijith George Abraham
Keyword(s):  
The Elderly ◽  
Policy Framework ◽  
Policy Makers ◽  
Content Type ◽  
Left Behind ◽  
Emerging Culture ◽  
Principal Factors ◽  
Working Groups ◽  
The Government ◽  
Role Of The Government

Purpose – The purpose of this paper is to link the multifarious problems of the elderly in a socio-economic and psychological framework. Design/methodology/approach – The universe of the sample is elderly left behind in emigrant households in Kerala. In total, 600 samples were mustered using multistage stratified random sampling method. The paper, with the aid of factor analysis, χ2 and correspondence analysis, blemish the principal factors responsible for the migration-induced exclusion of the elderly. Findings – The empirical result derived from the study shows that migration-induced exclusion is all pervasive in Kerala. The elderly left behind yearn for the presence of their children rather than the emigration and concomitant remittances. Research limitations/implications – The findings of the study are helpful to the policy makers to understand the issues faced by the elderly and include all stakeholders concerned to find a solution to tackle these problems faced by the elderly due to emigration of their children. Practical implications – The study is practically relevant in developing appropriate policy framework in Kerala as it illumines the role of the government to overcome the exclusionary trend and other manifold problems of the elderly. Social implications – The study sheds light to a new social problem developing in the state in the form of elderly exclusion owing to emigration of the young working groups in regional dimensions, demographic levels, community angles and the emerging culture of old age home in the Kerala economy and society. Originality/value – The study is a unique one and tries to situate the principal factors responsible for the emigration-induced exclusion of the elderly in Kerala with empirical evidence.

scholarly journals Policy-relevant insights for regional renewable energy deployment

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Carla De Laurentis ◽  
Peter J. G. Pearson
Keyword(s):  
Renewable Energy ◽  
Policy Design ◽  
Comparative Case Study ◽  
Geographical Differences ◽  
Governance Capacity ◽  
Policy Makers ◽  
Case Study Analysis ◽  
Documentary Analysis ◽  
The Uk

Abstract Background The paper explores how regional actors engage with energy systems, flows and infrastructures in order to meet particular goals and offers a fine-tuned analysis of how differences arise, highlighting the policy-relevant insights that emerge. Methods Using a novel framework, the research performs a comparative case study analysis of three regions in Italy and two of the devolved territories of the UK, Wales and Scotland, drawing on interviews and documentary analysis. Results The paper shows that acknowledging the socio-materialities of renewable energy allows a fine-tuned analysis of how institutions, governance and infrastructure can enable/constrain energy transitions and policy effectiveness at local and regional levels. The heuristic adopted highlights (i) the institutions that matter for renewable energy and their varied effects on regional renewable energy deployment; (ii) the range of agencies involved in strategically establishing, contesting and reproducing institutions, expectations, visions and infrastructure as renewable energy deployment unfolds at the regional level and (iii) the nature and extent of infrastructure requirements for and constraints on renewable energy delivery and how they affect the regional capacity to shape infrastructure networks and facilitate renewable energy deployment. The paper shows how the regions investigated developed their institutional and governance capacity and made use of targets, energy visions and spatial planning to promote renewable energy deployment. It shows that several mediating factors emerge from examining the interactions between regional physical resource endowments and energy infrastructure renewal and expansion. The analysis leads to policy-relevant insights into what makes for renewable energy deployment. Conclusion The paper contributes to research that demonstrates the role of institutional variations and governance as foundations for geographical differences in the adoption of renewable energy, and carries significant implications for policy thinking and implementation. It shows why and how policy-makers need to be more effective in balancing the range of goals/interests for renewable energy deployment with the peculiarities and specificities of the regional contexts and their infrastructures. The insights presented help to explain how energy choices and outcomes are shaped in particular places, how differences arise and operate in practice, and how they need to be taken into account in policy design, policy-making and implementation.

Synchronization of wind farm power supply into the utility grid

2021 ◽  
Vol 6 ◽  
pp. 20-25
Author(s):  
Alexey Bogatyrev
Keyword(s):  
Wind Turbines ◽  
Power Supply ◽  
Distribution System ◽  
Wind Farm ◽  
Wind Farms ◽  
Time Signal ◽  
Electricity Distribution ◽  
Utility Grid ◽  
The Moment ◽  
External Time

Wind turbines and wind farms can be connected to the major electricity distribution system. This paper presents the research results on synchronization of wind farm power supply into the utility grid depending on parameters of the grid at the moment. Measurement time gets synchronized with the external time signal delivered from a navigating system like GLONASS. This can help eliminate antiphase operation of individual wind turbines. Connection diagrams and the whole methodology presented in this paper aim to make wind farm power supply into the grid more effective and loss-eliminating.

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