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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STRUCTURAL REFORMS<br />
• Multiple dimensions of structural reform<br />
• Vertical separation of generation from transmissiondistribution<br />
• Horizontal fragmentation of generation<br />
• Vertical separation of distribution from supply<br />
• Ultimate purpose was/is to facilitate <strong>competition</strong> <strong>in</strong><br />
generation<br />
• Also to ensure equal access to transmission grid<br />
• And to allow <strong>regulation</strong> better suited to residual parts of<br />
bus<strong>in</strong>ess
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