Results 21 - 30 of 4949
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[en] This article discusses the US loss of leadership in areas of utility practices, equipment and manufacturing. The author identifies this as a result of too much emphasis on major resources addressing federal regulations, licensing, and court and congressional hearing testimony rather than on innovation and decision making. The author calls for engineers to be allowed by government and employers to become more involved in policy making and leadership
[en] The products energy becomes commercially attractive if value is added, e.g. by transferring it into a multi-utility. The marketing manager of a Dutch public utility (Essent) is interviewed about the opportunities and threats for energy companies which embrace the multi-utility concept
[en] In 'Retail competition in electricity markets' (Energy Policy, 37(2), February 2009, Pages 377-386) it is argued by Defeuilly that the introduction of retail competition into electricity markets gave rise to great expectations that it failed to meet, and that this was primarily the fault of Austrian economic thinking. The main purpose of this note is to explain why both of these propositions are incorrect. A few further comments challenge his subsequent suggestion that the competitive process in electricity is so constrained by the limitations of consumer decision-making and electricity technology as to cast doubt on the policy of opening the retail market to competition
[en] This paper presents the history of the competition First Step to Nobel Prize in Physics organized by Poland, its development from a national workshop in 1991/92 to an international competition nowadays and its organization, as well as the results obtained by the participants.
[en] The activities of Bulgarian WIN organization since 2005 are presented. Information is given about the organization of events and competitions, aiming to popularize nuclear science and to attract young people to the nuclear energy sector
[en] This article describes how the Southern California Edison Company deals with revolutionary change as the state's electricity industry reinvents itself. The topics of the article include how competition has make things better for SCEC's employees, customers, and shareholders, and an outline of the principal features of the electric utility industry in California
[en] The topic of discussion in this session was experience in open markets. The session was led by Guido Bachman, President of the Independent Power Producers' Society of Alberta (IPPSA), assisted by panel members Richard Way, Director of Energy Risk Management at TransAlta, John O'Donnell, Professor of Finance at Michigan State University, and Kelly Lail, Manager of Power Acquisition at B.C. Hydro. Way spoke of the experiences with market restructuring in Alberta, describing the consultative and legislative process which determined the structure of the Alberta Power Pool (APP). The Pool began operations in January 1996. Currently there are 33 participants from generators, to distributors and marketers. Supply and demand are managed by APP by setting an hourly price based on offers and bids. Both generators and distributors get the hourly pool price, so the input price and export price of the pool are the same, however, generators and distributors are free to enter into 'contract for difference' agreements. O'Donnell discussed the status of competition in Michigan. He stressed the importance of Ontario to the Michigan market, echoing the conviction of U.S. regulators that a freer economy works better. Kelly Lail spoke of the unbundling of B.C. Hydro into several generating, transmission and distribution companies in preparation for moving from exclusive service to exclusive wholesale competition. He predicted that the fierce competition will lead to a an industry shakeout, leaving only one big (B.C. Hydro) and a few niche players
[en] A multiperiod feedback Stackelberg model of exhaustible resources is presented. The results of the feedback model are compared with those from a corresponding open-loop formulation to determine whether the solution to the latter, and much simpler, model produces the same or similar outcomes. An analysis of the world oil market with OPEC as leader dictating the price to a competitive fringe comprised of the remaining oil suppliers demonstrates the features of the model. It permits variable length periods and cumulative extraction cost functions
[en] Russia is one of the world's major sources of carbon based energy as well as one its most intensive users. Introducing carbon taxes can lead to a reduction in emissions and encourage investment in energy efficiency. We investigate the economic effects of carbon taxes on the Russian economy under perfect competition and a Cournot oligopoly in output markets. The main findings are: (i) substituting carbon taxes for labour taxes can yield a strong double dividend in Russia; however, welfare gains strongly depend on the labour supply elasticity and elasticities of substitution between capital, labour, and energy. (ii) Under the assumption of a Cournot oligopoly with homogenous products and symmetric firms in the markets for natural gas, petroleum and chemical products, metals, and minerals, welfare costs of the environmental tax reform can be higher than under perfect competition. This is because introducing carbon taxes leads to a reduction in already sub-optimal output, thereby exacerbating pre-existing distortions arising from imperfect competition. (iii) Furthermore, increases in energy costs can result in higher mark-ups in some markets because of less competition resulting from firms' exit. - Highlights: ► Substituting carbon taxes for labour taxes in Russia can yield a double dividend. ► The labour supply elasticity and substitution possibilities between factors are crucial. ► Introducing carbon taxes can exacerbate distortions from imperfect competition. ► Increases in energy costs result in higher mark-ups because of less competition.