Competition and Regulation in Network Industries, 2011, Vol. 12, No. 3, pp. 194-209Network industries are now characterized by a regime of permanent innovation, while they continue to be fixed and sunk cost industries, due to the high level of investments in R&D and infrastructures. Players in these industries need to coordinate their investments; hence a threat of collusion. In the same time competition is fierce due to the opportunities brought by innovations; hence the permanent risk of catastrophic evolutions due to systemic interdependencies. To balance this dilemma between coordination and competition, independent third parties granted with capabilities to influence the “rules of the game” are needed. They need however to access critical information and knowledge. Coordination of investments requires figuring out the possible futures of the technology and of the industry. Avoiding oligopoly capture relies on an understanding of costs and business models. Since the relevant information and knowledge are dispersed and permanently evolving, regulators have to organize fora in which the stakeholders have incentives to reveal information, both because they need to learn from others, and because they seek to influence the industry regulation. Properly organized fora establish an open information competition among stakeholders, which can be penalized if they hide or distort information too much.
In this paper, we investigate two main schemes for contracting demand-side flexibility by the Distribution System Operator (DSO) at the planning stage: a voluntary demand-side connection agreement where consumers offer [...]
The Russian invasion of Ukraine in February 2022 compounded an already difficult policy landscape characterised by rising energy prices, international supply chains’ disruptions, growing greenhouse gas emissions and exacerbating geopolitical [...]
On 14th February 2022, the European Commission published a ‘Call for evidence for an impact assessment’ (Call for Evidence) and Public Consultation related to a new framework for standard essential [...]
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