|
|
|
|
| |
|
|
| Brennan, Timothy J.. |
| Restructuring the electricity market may secure efficiencies by moving away from cost-of-service regulation, with typically (but not necessarily) time-invariant prices, and allowing prices to reflect how costs change. Charging "real time" prices requires that electricity use be measured according to when one uses it. Arguments that such real-time metering should be a policy objective promoted by subsidizing meters or delaying restructuring until meters are installed, require more than these potential benefits. They require positive externalities to imply that too few meters would be installed through private transactions. Real-time metering presents no systematic externalities when utilities must serve peak period users, and may present negative... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Real-time metering; Electricity restructuring; Deregulation; Rationing; Externalities; Industrial Organization; D45; D62; L11; L94. |
| Ano: 2002 |
URL: http://purl.umn.edu/10718 |
| |
|
|
|
