Published December 1999
| Version v1
Journal article
Regulatory effects on electricity prices in Hong Kong
Creators
- 1. Department of Business Studies, Hong Kong Polytechnic University, Hong Kong Special Administrative Region, Hung Hom, Kowloon (Hong Kong)
Description
In Hong Kong, electricity is supplied by two investor-owned utilities: China Light and Power Company Limited (CLP) and the Hongkong Electric Company Limited (HEC). These two utilities operate under a special regulatory arrangement known as the Scheme of Control, which was proposed by the industry in 1964. The objective of this paper is to evaluate whether the Scheme of Control has fulfilled its original intention of protecting both the producer's right to serve and the consumer's right to be served. Our empirical results have indicated that the first Scheme of Control (1964-1978) had a greater effect on reducing electricity prices than the second one (1979-1992). 16 refs
Additional details
Publishing Information
- Journal Title
- Energy Economics (Guildford)
- Journal Volume
- 21
- Journal Issue
- 6
- Journal Page Range
- p. 529-545
- ISSN
- 0140-9883
INIS
- Country of Publication
- United Kingdom
- Country of Input or Organization
- Netherlands
- INIS RN
- 32002274
- Subject category
- S29: ENERGY PLANNING, POLICY AND ECONOMY;
- Descriptors DEI
- ELECTRIC UTILITIES; ELECTRICITY; ENERGY POLICY; EVALUATION; HONG KONG; MATHEMATICAL MODELS; PRICES; PRICING REGULATIONS
- Descriptors DEC
- ASIA; GOVERNMENT POLICIES; LAWS; PUBLIC UTILITIES; REGULATIONS