A cost-benefit assessment of wholesale electricity restructuring and competition in New England

被引：19

作者：

Barmack, Matthew ^{[1
]}

Kahn, Edward ^{[1
]}

Tierney, Susan ^{[1
]}

机构：

[1] Two Embarcadero Ctr, Anal Grp, San Francisco, CA 94111 USA

来源：

JOURNAL OF REGULATORY ECONOMICS | 2007年 / 31卷 / 02期

关键词：

electricity restructuring; power plant efficiency;

D O I：

10.1007/s11149-006-9022-8

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We conduct a social cost-benefit analysis of wholesale electricity market restructuring and competition in New England. A counter-factual investment path is formulated which characterizes how the wholesale power system might have evolved in New England under continued regulation. The investment and operating costs of the counter-factual case are compared with a projected evolution of actual developments under restructuring and wholesale competition. An important contributor to restructuring benefits is improved operation of nuclear plants divested from incumbent owners under restructuring and transferred to more experienced owners. We estimate net benefits over the 18-year analysis period of about 2% of wholesale costs.

引用

页码：151 / 184

页数：34

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