Apart from the very important work conducted by George Backus, other
researchers have conducted work intending to examine the consequences of
market de-regulation on industrial users of electricity using SD and
complementary approaches...Factors such as under and over capacity, price
volatility, rational energy use have an important effect on electricity
price... Derek Bunn and his group at LBS, Erik Larsen at City University
and our group in Colombia have been doing work on these issues for over 10
years in Europe and Latin America...
By and large the conclusion is that with the help of regulation industrial
consumers benefit from market liberalisation.
If interested, please refer to:
- Systems modelling for energy policy. Ed. Bunn and Larsen, Wiley, 1997
- Bunn, Larsen and Vlahos. Complementary modelling approaches for analysing
several effects of privatisation on electricity investment. JORS, 1993.
- Dyner, Smith and Pena. System dynamics modelling for energy efficiency
analysis and management. JORS,1995.
- Bunn, Larsen and Dyner. Modelling latent market power across gas and
electricity markets. SDR, 1997
Regards, Isaac
Isaac Dyner
Professor
Universidad Nacional de Colombia
Tel: (574)4220022X5203, Fax: (574)2341002
From: "Isaac Dyner" <
idyner@perseus.unalmed.edu.co>