Infrastructure: Electricity and Transportation
Published online by Cambridge University Press: 05 February 2013
Summary
This paper identifies the major political and economic constraints that impact the demand side of electricity industry restructuring processes. Demand-side constraints have been a major barrier to implementing effective restructuring processes in many countries, particularly those in developing world. I describe how these constraints have been addressed and how this has harmed market efficiency and system reliability using examples from restructuring processes throughout world. I propose demand-side regulatory interventions to manage these constraints in a manner that limits the harm to wholesale market efficiency. Finally, specific regulatory inventions for developing countries such as India are proposed.
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- Information
- Economic Reform in IndiaChallenges, Prospects, and Lessons, pp. 403 - 526Publisher: Cambridge University PressPrint publication year: 2013