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- W1544804998 abstract "Many countries have adopted a market approach to the reform of their electricity industries. Whether such changes help or hinder energy sustainability is debatable. Do they contribute to energy efficiency and conservation, and the uptake of renewable energy? This chapter examines the inherent characteristics of a market approach in comparison with a political or regulatory approach, for example in relation to energy pricing and investment. The role of subsidies is considered. It examines the legal design of energy market institutions and the manner in which the details of market design can affect energy sustainability, such as in demand-side management. It appraises policy instruments grafted onto a market strategy in order to improve energy sustainability. It concludes that, while the record is mixed, a market approach can make a contribution to energy sustainability." @default.
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- W1544804998 date "2005-01-24" @default.
- W1544804998 modified "2023-10-17" @default.
- W1544804998 title "Electricity Market Liberalization and Energy Sustainability" @default.
- W1544804998 doi "https://doi.org/10.1017/cbo9780511511387.029" @default.
- W1544804998 hasPublicationYear "2005" @default.
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