Lessons from the electricity auctions in Brazil

Menezes, Flavio and Dutra, Joisa (2005) Lessons from the electricity auctions in Brazil. The Electricity Journal, 18 10: 11-21. doi:10.1016/j.tej.2005.10.009

Author Menezes, Flavio
Dutra, Joisa
Title Lessons from the electricity auctions in Brazil
Journal name The Electricity Journal   Check publisher's open access policy
ISSN 1040-6190
Publication date 2005-12
Sub-type Article (original research)
DOI 10.1016/j.tej.2005.10.009
Volume 18
Issue 10
Start page 11
End page 21
Total pages 11
Editor Richard Cohen
Gerry Khermouch
Place of publication Oxford, United Kingdom
Publisher Elsevier
Language eng
Subject 140209 Industry Economics and Industrial Organisation
Abstract The first lesson to emerge from the recent auctions falls within a category that might be described as “higher costs of reforms in developing economies.” These range from bidders’ fears of future government-imposed price caps to technical issues, such as the potential loss of efficiency resulting from bidders’ lack of knowledge about ceiling prices, reference supply, and the demand reduction mechanism.
Keyword Energy
Electricity industry
Q-Index Code C1
Q-Index Status Provisional Code

Document type: Journal Article
Sub-type: Article (original research)
Collections: Excellence in Research Australia (ERA) - Collection
School of Economics Publications
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Created: Tue, 06 Jan 2009, 17:10:08 EST by Gina Velli on behalf of Faculty of Business, Economics & Law