Download or read book Privatization and the Globalization of Energy Markets written by United States. Energy Information Administration and published by . This book was released on 1996 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization and the Globalization of Energy Markets written by United States Government Printing Office and published by . This book was released on 1996-10-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization and the Globalization of Energy Markets written by Mark E. Rodekohr and published by . This book was released on 1997-12-01 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The privatization of state-owned industry is a development of historic dimensions. This report reviews recent global efforts to privatize energy resources (petroleum, electricity and coal) and outlines the opportunities and challenges privatization has presented to U.S. and foreign multinational energy companies. Contents: privatization: motives and methods; profiles of petroleum privatization in OECD countries; Latin American petroleum privatization; privatization in Socialist and formerly Socialist nations; privatization and the genesis of the multinational power co.; recent trends in international investment and trade in coal.
Download or read book Privatization and the Globalization of Energy Markets written by United States Office of Energy Markets and End Use and published by . This book was released on 1996 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization And The Globalization Of Energy Market U S Department Of Energy October 1996 written by United States. Energy Information Administration and published by . This book was released on 1998* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization and Deregulation in the Gulf Energy Sector written by The Emirates Center for Strategic Studies and Research and published by Emirates Center for Strategic Studies and Research. This book was released on 1999-03-17 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers contained in this volume were among those presented at ECSSR's Third Annual Energy Conference, entitled "Privatization and Deregulation in the Gulf Energy Sector," held in Abu Dhabi, October 25-26, 1997. This conference united leading practitioners and scholars in an effort to explore the important micro and macro issues related to the privatization and deregulation of energy sector. Topics related to oil production and refining, gas and electricity production, and their transmission and distribution were discussed. This volume assesses the arguments for and against deregulation of the energy sector and highlights the political, legal, institutional, and resource requirements for successful implementation of a privatization program, drawing on international experience. Indeed, privatization is spreading globally after its small and uncertain beginnings in Britain in the early 1980s. Today, states of the Gulf Co-Operation Council (GCC) are actively examining the possibility of privatizing a number of key industries and infrastructure projects. The ideal route to prosperous and effective privatization programs is for the GCC states to learn from the mistakes of other countries in this field, while emulating the success stories.
Download or read book Essays on Regulation Liberalization and Privatization in Energy Markets written by Carlos Suárez and published by . This book was released on 2020 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The general motivation of this research is to explore the effects of the coexistence of public and private companies on the allocative efficiency of the supply of electricity. In particular, this thesis investigates from an empirical perspective to what extent the distinction between private and public companies is relevant to understand the competition in the wholesale electricity generation markets. I apply several econometric techniques and theory advances in industrial organization branch on data of the firms of the Colombian market. The case of the Colombian electricity market is suitable to study this issues for four reasons: i) It is an oligopoly in which private and public companies compete under the same rules. ii) The most important firms in the Colombian electricity sector are mature organizations, with a conventional business vision. In fact, many of these companies belong to transnational capital that carry out activities in several continents. iii) The market setting have a conventional design similar to other liberalized electricity markets. It operates as a multi-unit uniform-price auction. iv) There is available information with daily and even hourly resolution of the generation market variables. I consider that these are key elements for justifying the external validity of the results. This thesis presents three essays that aim to answer three questions related to the interaction between competition in electricity markets and their ownership structure. Chapter 1 addresses the question: Do the switch from public to private management have impacts in the bidding strategy of specific generation assets? Chapter 2 explores the question: Do public and private generation companies respond the same to the incentives to relax competition? Chapter 3 focuses on the question: Do private companies have a greater propensity to establish coordination relationships in comparison to public firms? In the first chapter of this thesis I evaluate the impact of privatization on the bidding of electricity units participating in a liberalized wholesale electricity market. The results of this evaluation contribute to better understand whether privatization is the right decision in an environment of imperfect competition. In this essay I adopt a policy evaluation approach to estimate the impact of changes from public to private management on the bidding prices of electricity generation units. I use information of bidding prices of the Colombian wholesale electricity market and exploit the changes of management of generation units documented in the period 2006 - 2018. The methodologies and results presented in this thesis contributes to the literature of mixed oligopoly because they place special emphasis on the behavioral differences between private and public companies and studies a field experience in which they compete in the same relevant market. The empirical evidence resultant from the policy evaluation method is aligned with the theoretical predictions of comparative statics arising from the behavioral differences of mixed oligopoly models. The second chapter of this dissertation proposes a methodology in order to find differences between the reactions of private and public firms when they face incentives to exercises unilateral market power. Several common events in the electricity industry such as transmission restrictions, the concentration of generation property within specific areas, the non-storage capacity of electricity and the low elasticity of demand, provide opportunities to exert market power. That is why this issue has been widely studied and discussed theoretically and empirically. The novel element of this essay in relation to this strand of the literature is accounting for the distinction between private and public companies regarding competitive behavior. Chapter 3 investigates from an empirical perspective the role of disclosure information in the stability of informal coordination agreements. Particularly, this chapter focuses in the economic effects of the announcement and the put into effect of a non-transparency policy implemented in the Colombian wholesale electricity market in 2009. We propose an identification strategy for isolating the effect of a coordinating relation from the confusion factors related with unilateral market power. The characteristics of the reform of the transparency policy allow to link the simple announcement of the policy change with the collapse of a coordinated strategy of private firms in a repeated interaction context. We use several empirical tools to assess the impact of the simple announcement of a modification in the transparency conditions on the average bidding price of private firms. We present an empirical analysis of the average bidding price data over August 2008 - July 2009. Overall, the evidence presented in the three essays of this dissertation indicates that the distinction between public and private companies may be a relevant aspect for explaining the functioning of competition in liberalized industries." -- TDX.
Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
Download or read book Renewable Energy Annual 1996 written by and published by DIANE Publishing. This book was released on 1997 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Electricity Reform Abroad and U S Investment written by and published by . This book was released on 1997 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Energy Review written by and published by . This book was released on 1996 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Energy Outlook written by and published by . This book was released on 1996 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Energy Outlook 98 written by Mary Hutzler and published by DIANE Publishing. This book was released on 1999 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Energy Review April 2002 written by and published by DIANE Publishing. This book was released on with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Energy Review February 1999 written by and published by DIANE Publishing. This book was released on with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Energy Review December 1998 written by and published by DIANE Publishing. This book was released on with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Energy Review November 1998 written by and published by DIANE Publishing. This book was released on 2002 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Monthly Energy Review (MER) presents an overview of the Energy Information Administration's recent monthly energy statistics. The statistics cover the major activities of US production, consumption, trade, stocks, and prices for petroleum, natural gas, coal, electricity, and nuclear energy. Also included are international energy and thermal and metric conversion factors. 37 figs., 61 tabs.