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The Potential for Electricity Market Restructuring in Quebec

Dados Bibliográficos

ID11969868
AutoresRobert Clark (0000-0002-5197-8370, University of Alberta, autor correspondente), C Robert Clark (HEC MontréalCentre for Interuniversity Research and Analysis on OrganizationsCentre Interuniversitaire sur le Risque, les Politiques Économiques et l'Emploi), Andrew Leach (0000-0003-0600-2333, HEC MontréalCentre for Interuniversity Research and Analysis on OrganizationsCentre Interuniversitaire sur le Risque, les Politiques Économiques et l'Emploi)
Ano2007
Volume33
Fascículo1
Páginas1-19
Data de publicação2007-03-01
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoCanadian Public Policy (JOURNAL)
Identificadores do periódicoISSN: 0317-0861 • E-ISSN: 1911-9917
EditoraUniversity of Toronto Press Inc. (UTPress) (PUBLISHER)
DOI10.3138/cpp.v33.1.001
OpenAlexW2055886247
IdiomaEN
Citações recebidas1
Referências citadas13

In this paper we discuss the potential for future electricity market restructuring in Quebec. In particular, we consider the political economy of the abolishment of the Heritage Pool requirement, which caps wholesale prices. Its elimination is challenging since it would result in higher retail prices. However, if the extra revenue that would be earned from selling at the market price is properly redistributed, a majority of voters could benefit. We also examine the possibility of establishing a competitive wholesale market. The usual model of forced divestiture may not lead to a competitive outcome since most of Quebec's electricity is produced at large hydroelectric complexes cascaded on a few individual river systems. Consequently, Quebec might consider adopting the approach taken by Norway and join an expanded production pool

Business · Divestment · Economics · Electricity · Electricity market · Hydroelectricity · Industrial organization · Market economy · Microeconomics · Natural resource economics · Production (economics · Restructuring · Revenue · Electric Power System Optimization · Engineering · Merger and Competition Analysis · Transport and Economic Policies · Finance

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Obras citantes distintas1
Citações por ano0,08
Intervalo de citações2014 - 2014 (1)
Velocidade de citaçãohistorical
Altamente citadoNão
Tipos de citaçãoNeutras: 1
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