Marko Sencar - Academia.edu (original) (raw)
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Papers by Marko Sencar
The process of electricity market liberalization and its functioning in the EU is discussed in th... more The process of electricity market liberalization and its functioning in the EU is discussed in the paper, as well as some side-effects, deficient national energy supply strategies and non-homogeneous development throughout the EU member states. Particularly the first years of the market developments have shown differenced among the member states and the roles of the energy regulatory authorities. Some developmental priorities to ensure security of supply, and mechanisms to support preferential electricity production from some promising energy transformation technologies are discussed.
The European Commission published a package of documents in January 2007 to pave the way for an o... more The European Commission published a package of documents in January 2007 to pave the way for an overall energy policy at the community level. Energy Policy for Europe is the main document, specifying the goals, the means and some elements of its strategy to achieve those goals. The paper discusses the content of this document as well as some others, mainly relevant for the security of supply. It discusses also the large disturbance of electricity supply in Germany on 4 November 2006 from the security of supply point of view. Some implications to the energy market and for the market regulation are also discussed in the paper.
This paper performs non-parametric relative efficiency analysis using Data Envelopment Analysis (... more This paper performs non-parametric relative efficiency analysis using Data Envelopment Analysis (DEA) on an international sample of electricity distribution utilities from one new and two old European Union member states. We discover that Slovenian utilities on average perform less efficiently than UK utilities, whereas when comparing Slovenian and Dutch utilities we obtain some mixed evidence. The introduction of incentive-based price regulation to Slovenia is apparently showing some positive effects and has helped reduce the efficiency gap between old and new EU member states. The authors also recommend that regulatory authorities do not use benchmarking as their only instrument since benchmarking can be influenced by method and model specification. Instead, benchmarking should be employed as a complementary instrument to monitor utilities' performance.
Energy, 2014
ABSTRACT The paper critically discusses the reform of the energy sector in the European Union fro... more ABSTRACT The paper critically discusses the reform of the energy sector in the European Union from the beginnings of the liberalisation processes in 1996 until present. Through EU energy policies and relevant legislation the goals to achieve are sustainable development, security of supply and competitiveness, together with focussing on the needs of customers. The paper analyses all three above-mentioned pillars and customer protection requirements from the viewpoint: customers should have high quality energy delivered at affordable prices. We call for competitiveness to be further underlined by the market. Despite some concerns related to market models, with the latest impetus from the European institutions the market will, and is able to, develop and to integrate also renewable sources. Where the market does not deliver sufficiently, regulators have to ensure customer protection, especially for vulnerable customers in a period of increasing prices.
The process of electricity market liberalization and its functioning in the EU is discussed in th... more The process of electricity market liberalization and its functioning in the EU is discussed in the paper, as well as some side-effects, deficient national energy supply strategies and non-homogeneous development throughout the EU member states. Particularly the first years of the market developments have shown differenced among the member states and the roles of the energy regulatory authorities. Some developmental priorities to ensure security of supply, and mechanisms to support preferential electricity production from some promising energy transformation technologies are discussed.
The European Commission published a package of documents in January 2007 to pave the way for an o... more The European Commission published a package of documents in January 2007 to pave the way for an overall energy policy at the community level. Energy Policy for Europe is the main document, specifying the goals, the means and some elements of its strategy to achieve those goals. The paper discusses the content of this document as well as some others, mainly relevant for the security of supply. It discusses also the large disturbance of electricity supply in Germany on 4 November 2006 from the security of supply point of view. Some implications to the energy market and for the market regulation are also discussed in the paper.
This paper performs non-parametric relative efficiency analysis using Data Envelopment Analysis (... more This paper performs non-parametric relative efficiency analysis using Data Envelopment Analysis (DEA) on an international sample of electricity distribution utilities from one new and two old European Union member states. We discover that Slovenian utilities on average perform less efficiently than UK utilities, whereas when comparing Slovenian and Dutch utilities we obtain some mixed evidence. The introduction of incentive-based price regulation to Slovenia is apparently showing some positive effects and has helped reduce the efficiency gap between old and new EU member states. The authors also recommend that regulatory authorities do not use benchmarking as their only instrument since benchmarking can be influenced by method and model specification. Instead, benchmarking should be employed as a complementary instrument to monitor utilities' performance.
Energy, 2014
ABSTRACT The paper critically discusses the reform of the energy sector in the European Union fro... more ABSTRACT The paper critically discusses the reform of the energy sector in the European Union from the beginnings of the liberalisation processes in 1996 until present. Through EU energy policies and relevant legislation the goals to achieve are sustainable development, security of supply and competitiveness, together with focussing on the needs of customers. The paper analyses all three above-mentioned pillars and customer protection requirements from the viewpoint: customers should have high quality energy delivered at affordable prices. We call for competitiveness to be further underlined by the market. Despite some concerns related to market models, with the latest impetus from the European institutions the market will, and is able to, develop and to integrate also renewable sources. Where the market does not deliver sufficiently, regulators have to ensure customer protection, especially for vulnerable customers in a period of increasing prices.