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Generating the Benefits of Competition: Challenges and Opportunities in Opening Electricity Markets

Author

Listed:
  • Tim Brennan

    (University of Maryland)

Abstract

The move from regulation to competition in different parts of the economy is one of the great success stories of the past 30 years. And more competition in the electricity sector could offer lower consumer prices and improved stability of supply. So why has market deregulation in electricity been difficult to achieve?

Suggested Citation

  • Tim Brennan, 2008. "Generating the Benefits of Competition: Challenges and Opportunities in Opening Electricity Markets," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 260, April.
    • Handle: RePEc:cdh:commen:260
    as

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    File URL: https://www.cdhowe.org/public-policy-research/generating-benefits-competition-challenges-and-opportunities-opening-electricity-markets
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    References listed on IDEAS

    as
    1. Maciej Kotowski, 2007. "Insuring Canada’s Exports: The Case for Reform at Export Development Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 257, December.
    2. William B.P. Robson, 2007. "Time and Money: The Challenge of Demographic Change and Government Finances in Canada," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 109, December.
    3. Kathleen E. Macmillan & Patrick Grady, 2007. "A New Prescription: Can the BC-Alberta TILMA Resuscitate Internal Trade in Canada?," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 106, October.
    4. William B.P. Robson, 2008. "Safe Harbours: Providing Protection for Canada's Money-Purchase Plan Sponsors," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 110, January.
    5. John-Paul Koning, 2007. "Why the Bank of Canada Act Needs Updating: A Lesson from the Sub-Prime Crisis," e-briefs 50, C.D. Howe Institute.
    6. John Richards, 2007. "Reducing Poverty: What has Worked, and What Should Come Next," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 255, October.
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    Cited by:

    1. Peter W. Hogg, 2008. "A Question of Parliamentary power: Criminal Law and the Control of Greenhouse Gas Emissions," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 114, August.
    2. Timothy Brennan, 2010. "Decoupling in electric utilities," Journal of Regulatory Economics, Springer, vol. 38(1), pages 49-69, August.

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    More about this item

    Keywords

    public services; electricity sector competition; market deregulation;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

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