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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Electrical power industries
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Elements of the Swiss Market for Electricity (Paperback, Softcover reprint of the original 1st ed. 1997)
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Elements of the Swiss Market for Electricity (Paperback, Softcover reprint of the original 1st ed. 1997)
Series: Contributions to Economics
Expected to ship within 10 - 15 working days
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1.1 Economic issues to be analyzed This research examines two
elements of the Swiss market for electricity: the residential
electricity demand by time-of-use and the cost structure of
municipal electricity distribution utilities. The empirical results
of demand and cost elasticities allow the investigation of
interesting economic and policy issues such as the desirability of
a widespread introduction of time-of-use pricing for residential
customers, the desirability of side-by-side competition in the
distribution of electricity and, more generally, the economic
effects of a reduction of the load factor and of mergers between
electric distribution utilities on costs. Desirability of
time-of-use pricing In the last decade there has been an
intensifying debate in Switzerland about efficacy of electricity
rate reforms in order to improve the efficiency of electricity use.
This debate was initiated by two main events. First, there was an
important growth of electricity consumption. Second, the Chernobyl
accident in 1986 aroused widespread public concern about the
problems associated with nuclear power and waste disposal. As a
result, in 1991 the Swiss voted, in a referendum, a lO-year
moratorium on the 2 construction of new nuclear power plants.
Moreover, plans to expand production of hydroelectric power
(construction of new dams or expanding existing ones) have been
stiffly opposed by environmental groups. These developments have
consistently curtailed potential expansion of domestic electricity
supply. As a result, Switzerland during the winter has to import
electricity from foreign countries.
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