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MCGREGOR, PETER (2) answer(s).
 
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ID:   125811


Greek electricity market reforms: political and regulatory considerations / Danias, Nikolaos; Swales, John Kim; McGregor, Peter   Journal Article
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.
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2
ID:   101369


Levelised costs of wave and tidal energy in the UK: cost competitiveness and the importance of "banded" renewables obligation certificates / Allan, Grant; Gilmartin, Michelle; McGregor, Peter; Swales, Kim   Journal Article
Allan, Grant Journal Article
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Publication 2011.
Summary/Abstract In this paper, publicly available cost data are used to calculate the private levelised costs of two marine energy technologies for UK electricity generation: Wave and Tidal Stream power. These estimates are compared to those for ten other electricity generation technologies whose costs were identified by the UK Government (DTI, 2006). Under plausible assumptions for costs and performance, point estimates of the levelised costs of Wave and Tidal Stream generation are £190 and £81/MWh, respectively. Sensitivity analysis shows how these relative private levelised costs calculations are affected by variation in key parameters, specifically the assumed capital costs, fuel costs and the discount rate. We also consider the impact of the introduction of technology-differentiated financial support for renewable energy on the cost competitiveness of Wave and Tidal Stream power. Further, we compare the impact of the current UK government support level to the more generous degree of assistance for marine technologies that is proposed by the Scottish government.
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