Regulatory choices and commitment: challenges for electricity market regulation in Kosovo

No 1114, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: This paper aims at describing the choices to be made in selecting and implementing a reform model for the electricity industry and to derive some implications for the situation in Kosovo. The paper argues that the appropriate reform model depends on the circumstances in the considered jurisdiction. Especially in small and less developed electricity systems a dilemma may emerge: the technical circumstances suggest the implementation of a model with few competitive elements, whereas political circumstances urge for a competition-oriented model. Hence, especially in small systems, a delicate trade-off emerges that significantly complicates the decisions to be made. This is obviously relevant for Kosovo. An international opening of Kosovo's electricity market may provide a solution to the dilemma. This international opening encompasses a reduction of state sovereignty for electricity regulation and a wide-reaching market opening for private investors and electricity traders.

Keywords: Power sector; new institutional economics; liberalization; pool; privatization; regulation; restructuring; single buyer; transition (search for similar items in EconPapers)
JEL-codes: H4 K2 L5 L9 P3 Q4 (search for similar items in EconPapers)
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/17780/1/kap1114.pdf (application/pdf)

Related works:
Journal Article: Regulatory Choices and Commitment: Challenges for Electricity Market Regulation in Kosovo (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1114

Access Statistics for this paper

More papers in Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().