Connecting Mediterranean Countries through Electricity Corridors: New Institutional Economic and Regulatory Analysis

Autor: Haikel Khalfallah
Přispěvatelé: équipe EDDEN, Pacte, Laboratoire de sciences sociales (PACTE), Université Pierre Mendès France - Grenoble 2 (UPMF)-Université Joseph Fourier - Grenoble 1 (UJF)-Sciences Po Grenoble - Institut d'études politiques de Grenoble (IEPG)-Centre National de la Recherche Scientifique (CNRS)-Université Pierre Mendès France - Grenoble 2 (UPMF)-Université Joseph Fourier - Grenoble 1 (UJF)-Sciences Po Grenoble - Institut d'études politiques de Grenoble (IEPG)-Centre National de la Recherche Scientifique (CNRS)
Jazyk: angličtina
Rok vydání: 2015
Předmět:
Contractual Agreement
Super grid
Sociology and Political Science
New Institutional Economics
Regulation
Renewable Energy Sources
020209 energy
JEL: L - Industrial Organization/L.L1 - Market Structure
Firm Strategy
and Market Performance/L.L1.L14 - Transactional Relationships • Contracts and Reputation • Networks
Renewable Energy Sources
02 engineering and technology
010501 environmental sciences
Management
Monitoring
Policy and Law
Development
Business model
7. Clean energy
01 natural sciences
0202 electrical engineering
electronic engineering
information engineering
Economics
New institutional economics
Business and International Management
0105 earth and related environmental sciences
business.industry
Corporate governance
JEL: L - Industrial Organization/L.L5 - Regulation and Industrial Policy/L.L5.L51 - Economics of Regulation
Environmental economics
Investment (macroeconomics)
[SHS.ECO]Humanities and Social Sciences/Economics and Finance
Renewable energy
JEL: Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q2 - Renewable Resources and Conservation/Q.Q2.Q27 - Issues in International Trade
13. Climate action
Electricity
New Institutional Economics
business
Regulation
Zdroj: Utilities Policy
Utilities Policy, Elsevier, 2015, 32, pp.45-54. ⟨10.1016/j.jup.2015.01.001⟩
ISSN: 0957-1787
DOI: 10.1016/j.jup.2015.01.001⟩
Popis: International audience; A super grid connecting the two shores of the Mediterranean could help Europe meet its targets for integrating renewable energy. This paper assesses the business models for building a platform for wholesale renewable energy trade via electricity corridors linking the two regions of the Mediterranean basin. We demonstrate that the optimal framework for designing the corridor project is a long-term contractual agreement to coordinate bilaterally the necessary investments. Furthermore a hybrid governance structure requiring only limited regulatory adaptation seems to be the most efficient structure for facilitating investment in the corridor’s infrastructure.
Databáze: OpenAIRE
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