market structure, competition, and regulation in electricity market ...
market structure, competition, and regulation in electricity market ...
market structure, competition, and regulation in electricity market ...
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• Five, resolv<strong>in</strong>g the role for retail <strong>competition</strong><br />
• Clear that supply can be separated from wires/distribution<br />
• Little empirical evidence concern<strong>in</strong>g effects or benefits<br />
• But if done, needs careful design (not like US)<br />
• Other aspect to retail is possibility of <strong>in</strong>tegrat<strong>in</strong>g g supply ppy with<br />
generation<br />
• Both are potentially competitive segments<br />
• Have potential economies that could be captured by jo<strong>in</strong>t<br />
ownership<br />
• <strong>in</strong>ternalize some <strong>in</strong>formation<br />
• h<strong>and</strong>le risk of st<strong>and</strong>alone generation<br />
• ensure supply<br />
• provide for <strong>in</strong>vestment
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