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DOI | 10.1016/j.enpol.2019.111150 |
Managing the liberalization of Italy's retail electricity market: A policy proposal☆ | |
Stagnaro C.; Amenta C.; Di Croce G.; Lavecchia L. | |
发表日期 | 2020 |
ISSN | 03014215 |
卷号 | 137 |
英文摘要 | Italy will phase out electricity retail price regulation by July 1st, 2020. Until then, residential customers and small businesses who do not choose their supplier are served under a regulated tariff named “maggior tutela” (greater protection), supplied by the local distributor at a price set by the regulator. We review the literature on electricity retail competition – with particular regard to its expected effects on prices, innovation, and customer engagement – and the conditions under which competition is expected to deliver benefits. We perform a Structure-Conduct-Performance analysis of Italy's retail electricity market for residential customers, finding two issues potentially problematic: excessive market concentration and low customer engagement. We propose a phase-out mechanism that relies on graduality, asymmetric regulation, and a mandatory, opt-out collective switching exercise. The mechanism aims to rapidly reduce market concentration by leveraging behavioral incentives to customers to switch to the cheapest supplier. © 2019 Elsevier Ltd |
关键词 | CompetitionElectricityItalyRegulationRetail market |
英文关键词 | Commerce; Competition; Deregulation; Electric industry; Electricity; Housing; Power markets; Asymmetric regulation; Italy; Market concentration; Performance analysis; Regulation; Residential customers; Retail electricity markets; Retail market; Sales; competitiveness; consumption behavior; electricity supply; energy policy; industrial regulation; innovation; liberalization; retailing; Italy |
语种 | 英语 |
来源期刊 | Energy Policy
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204870 |
作者单位 | Istituto Bruno Leoni, Italy; Università degli Studi di Palermo, Italy; Gestore Servizi Elettrici (GSE), Italy; Osservatorio Italiano sulla Povertà Energetica (OIPE-Levi Cases), Italy |
推荐引用方式 GB/T 7714 | Stagnaro C.,Amenta C.,Di Croce G.,et al. Managing the liberalization of Italy's retail electricity market: A policy proposal☆[J],2020,137. |
APA | Stagnaro C.,Amenta C.,Di Croce G.,&Lavecchia L..(2020).Managing the liberalization of Italy's retail electricity market: A policy proposal☆.Energy Policy,137. |
MLA | Stagnaro C.,et al."Managing the liberalization of Italy's retail electricity market: A policy proposal☆".Energy Policy 137(2020). |
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