气候变化领域集成服务门户(CCPortal): Understanding the coevolution of electricity markets and regulation

CCPortal

DOI	10.1016/j.enpol.2020.111585
	Understanding the coevolution of electricity markets and regulation
	Gencer B.; Larsen E.R.; van Ackere A.
发表日期	2020
ISSN	03014215
卷号	143
英文摘要	Electricity markets are complex; they involve long lead-times, include feedbacks that are generally hard to interpret and are influenced by environmental concerns and political objectives. After liberalization, the markets moved from a monopoly situation with a single service provider and captive customers to competitive markets with multiple service providers. Foreseeing the consequences of regulatory decisions is thus becoming increasingly complicated for the regulator. However, understanding these is central to avoid mismatches between the markets and their regulation, which could result in unanticipated and costly long-term consequences. In this paper we aim to provide a behavioural regulatory framework to help understand how electricity markets and their regulation can successfully coevolve. We identify four stages of market evolution, with their respective regulatory challenges. Next, we discuss several behavioural elements that affect electricity markets at the different stages. We then provide examples of regulatory failures at the different market stages, highlighting the role of the behavioural factors. We conclude with a general discussion of how this framework can contribute to addressing the challenges involved in regulating electricity markets. © 2020 Elsevier Ltd
关键词	Behaviour Deregulation Electricity markets
英文关键词	Competitive markets; Different stages; Environmental concerns; Market evolution; Multiple services; Regulatory decisions; Regulatory frameworks; Service provider; Power markets; competitiveness; deregulation; electricity supply; energy market; liberalization; monopoly
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204664
作者单位	University of Lausanne, Faculty of Business and Economics (HEC Lausanne), Quartier UNIL-Chamberonne, Lausanne, 1015, Switzerland; Aarhus University, Department of Management, Fuglesangs Allé 4, Aarhus V, DK - 8210, Denmark
推荐引用方式 GB/T 7714	Gencer B.,Larsen E.R.,van Ackere A.. Understanding the coevolution of electricity markets and regulation[J],2020,143.
APA	Gencer B.,Larsen E.R.,&van Ackere A..(2020).Understanding the coevolution of electricity markets and regulation.Energy Policy,143.
MLA	Gencer B.,et al."Understanding the coevolution of electricity markets and regulation".Energy Policy 143(2020).