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ID: 094886

Electricity regulation and electricity market reforms in China / Ngan, H W

Ngan, H W	Journal Article
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Publication

2010.

Summary/Abstract

The electricity industry of China has been in a process of reforms since the 1980s. This paper gives a review on the three main stages of reforms in China so as to trace out key features of various reform measures including those for power investment financing, the separation between government and power enterprises, and the division between power generation firms and power grids. The findings suggest that further regulatory change in China's electricity market reform is necessary when integration of the electricity markets and increased competition are paving the way ahead for a market-oriented structure. Prospective electricity regulation in the form of a strong legal system and effective institutions that protect market competition and promote appropriate incentives for efficiency are suggested in the paper.

Key Words

Electricity Regulation ; Electricity Market Reforms ; Regulatory Policy

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ID: 125811

Greek electricity market reforms: political and regulatory considerations / Danias, Nikolaos; Swales, John Kim; McGregor, Peter

McGregor, Peter	Journal Article
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Publication

2013.

Summary/Abstract

The paper tracks the evolution of the Greek electricity market since the beginning of the liberalization process. Its progress is benchmarked against the criteria suggested by Littlechild (2006b). The Littlechild framework highlights key remaining deficiencies in the stances and policies adopted which need to be resolved in order for liberalization to proceed successfully. The focus is on the agendas of the Greek government, other domestic political forces and the European Union. A central requirement is the clear commitment to liberalization by the Greek government. In particular the government needs to give up political control over the previous vertically integrated, state-controlled electricity firm, Public Power Company (PPC), and allow more decision making powers and genuine independence to the market regulator. Liberalization is rendered more difficult by the present financial and economic crisis in Greece.

Key Words

Liberalization ; Electricity Market Reforms ; Regulatory Policy

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