ARTÍCULO
TITULO

Economic and Political Constraints on the Demand-Side of Electricity Industry Re-structuring Processes

Frank A. Wolak    

Resumen

This paper identifies the major political and economic constraints that impact the demand-side of electricity industry re-structuring processes. These constraints have been a major barrier to implementing effective restructuring processes in many countries, particularly those in the developing world. The paper describes how these constraints have been addressed and how this has harmed market efficiency and system reliability using examples from re-structuring processes around the world. The paper proposes demand-side regulatory interventions to manage these constraints in a manner that limits the harm to wholesale market efficiency. Finally, specific regulatory inventions for developing countries are proposed.

 Artículos similares

       
 
Ali Shaddady    
This research explored the relationship between financial development and economic growth in the MENA region from 1996 to 2022. Using panel data, it assessed whether financial institutions and financial markets had differing impacts on economic growth. V... ver más

 
Shahid Raza, Sun Baiqing, Pwint Kay-Khine and Muhammad Ali Kemal    
The stock markets in developing countries are highly responsive to breaking news and events. Our research explores the impact of economic conditions, financial policies, and politics on the KSE-100 index through daily market news signals. Utilizing simpl... ver más

 
Petr Wawrosz and Semen Traksel    
The article deals with the issue of how negative interest rate policies, introduced in the second decade of the 21st century in some countries, affect certain macroeconomic indicators and bank performance. We concentrate specifically on Switzerland and S... ver más

 
Jakub Horák and Michaela Jannová    
The price of oil is nowadays a hot topic as it affects many areas of the world economy. The price of oil also plays an essential role in how the economic situation is currently developing (such as the COVID-19 pandemic, inflation and others) or the polit... ver más
Revista: Forecasting

 
Khutso Baltimore Makua,Neo Malungane,Khayakazi Mswephu,Ronewa Candy Sadiki     Pág. 180 - 191
With inequality at the forefront of economic development, this paper examined the impact of gender inequality on economic growth in South Africa. Different gender dimensions were considered, including female education, female labor force participation, f... ver más