Science.gov

Sample records for competitive energy market

  1. Marketing energy services in a competitive environment

    SciTech Connect

    Mykytyn, R.B.

    1996-05-01

    For nearly six decades electrical utilities have operated in a regulated environment established by the Public Utilities Holding Company Act (PUHCA) of 1935. This legislation granted generators exclusive franchise to market electrical power in a given geographical area in return for the company`s commitment to provide safe, reliable and fairly-priced electrical power to all customers within the region. For close to 40 years, this system of regulated monopoly functioned reasonably well to maintain a balance among the varied, and at times competing, interests in the industry. During the 1970s, however, the public argument in favor of competition within the electrical services industry gained momentum. Spiraling energy costs focused the consumer`s attention on the need for conservation and inspired a variety of technological developments as well as experiments in cogeneration. Today, the electrical utility industry is poised for great change. Soon, this industry will follow the natural gas, telecommunications, and transportation industries into the uncharted waters of deregulation. The most pressing consequence of moving from a regulated environment to one that is deregulated - in other words, a competitive environment - is the need to design and implement a completely new form of marketing program. The response among industry marketing managers ranges from confusion and concern to excitement and eager anticipation. Where you fall along this continuum depends on how well you understand competitive marketing practices and the degree to which your company`s management group is willing to initiate competitive strategies and tactics now in preparation for the coming competitive marketplace.

  2. Energy and environmental efficiency in competitive power markets

    SciTech Connect

    Warwick, W.M.

    1995-02-01

    For years the electric utility industry operated as a regulated monopoly, largely immune to market forces except those of competing fuels. That era came to an end with the Public Utilities Regulatory Policy Act (PURPA) of 1974, which created a market for non-utility generated power. Within twenty years, non-regulated, non-utility generators had become the primary supplier of new energy resources. Their market power is matched by their political power, as evidenced in the Energy Policy Act of 1994 (EPAct), which requires open access to utility transmission lines to facilitate inter-utility bulk power sales. The conventional wisdom is that active wholesale power markets with competition among alternative generators will lead to lower power-development costs and cheaper retail power prices. The trend towards alternative bulk power sources at low prices intersects with large retail power customers` interest in accessing alternative power supplies. In most cases, these alternatives to local utilities are at a lower cost than retail rates. For the most part, proponents of generation competition have remained silent about potential environmental consequences. However, skeptics of increased competition, including major environmental groups, cite environmental impacts among their concerns. This report examines these concerns.

  3. Real options and asset valuation in competitive energy markets

    NASA Astrophysics Data System (ADS)

    Oduntan, Adekunle Richard

    The focus of this work is to develop a robust valuation framework for physical power assets operating in competitive markets such as peaking or mid-merit thermal power plants and baseload power plants. The goal is to develop a modeling framework that can be adapted to different energy assets with different types of operating flexibilities and technical constraints and which can be employed for various purposes such as capital budgeting, business planning, risk management and strategic bidding planning among others. The valuation framework must also be able to capture the reality of power market rules and opportunities, as well as technical constraints of different assets. The modeling framework developed conceptualizes operating flexibilities of power assets as "switching options' whereby the asset operator decides at every decision point whether to switch from one operating mode to another mutually exclusive mode, within the limits of the equipment constraints of the asset. As a current decision to switch operating modes may affect future operating flexibilities of the asset and hence cash flows, a dynamic optimization framework is employed. The developed framework accounts for the uncertain nature of key value drivers by representing them with appropriate stochastic processes. Specifically, the framework developed conceptualizes the operation of a power asset as a multi-stage decision making problem where the operator has to make a decision at every stage to alter operating mode given currently available information about key value drivers. The problem is then solved dynamically by decomposing it into a series of two-stage sub-problems according to Bellman's optimality principle. The solution algorithm employed is the Least Squares Monte Carlo (LSM) method. The developed valuation framework was adapted for a gas-fired thermal power plant, a peaking hydroelectric power plant and a baseload power plant. This work built on previously published real options valuation

  4. Geothermal energy and the utility market -- the opportunities and challenges for expanding geothermal energy in a competitive supply market: Proceedings

    SciTech Connect

    Not Available

    1992-01-01

    Each year the Geothermal Division of the US Department of Energy conducts an in-depth review of its entire geothermal R D program. The conference serves several purposes: a status report on current R D activities, an assessment of progress and problems, a review of management issues, and a technology transfer opportunity between DOE and the US geothermal city. This year's conference, Program Review X, was held in San Francisco on March 24--26, 1992. The theme of the review, Geothermal Energy and the Utility Market -- The Opportunities and Challenges for Expanding Geothermal Energy in a Competitive Supply Market,'' focused on the needs of the electric utility sector. Geothermal energy, with its power capacity potential of 10 GWe by the year 2010, can provide reliable, enviromentally clean electricity which can help offset the projected increase in demand. Program Review X consisted of seven sessions including an opening session with presentations by Mr. Vikram Budhraja, Vice President of System Planning and Operations, Southern California Edison Company, and Mr. Richard Jaros, President and Chief Operating Officer, California Energy Company. The six technical sessions included presentations by the relevant field researchers covering DOE-sponsored R D in hydrothermal, hot dry rock, and geopressured energy. Individual projects are processed separately for the data bases.

  5. Energy efficiency business options for industrial end users in Latin American competitive energy markets: The case of Colombia

    NASA Astrophysics Data System (ADS)

    Botero, Sergio

    2002-01-01

    Energy markets today in Latin America and worldwide are being restructured from monopolies, either state-owned or privately-owned, to be more openly competitive and incorporate more participation from the private sector. Thus, the schemes that were formerly developed to foster end use energy efficiency are no longer applicable because they were based on mandatory regulations made with political decisions, without sufficiently considering economic feasibility. A consensus exists that the only way energy efficiency could survive in this new paradigm is by being market oriented, giving better services, and additional options to users. However; there is very little information on what end users prefer, and which options would most satisfy customers. Using Colombia as a case study, this research determines and categorizes the energy efficiency business options for large energy end users that can freely participate in the competitive energy market. The energy efficiency market is understood as a market of services aiming to increase efficiency in energy use. These services can be grouped into seven business options. A survey, following the descriptive method, was sent to energy end users in order to determine their preferences for specific energy efficiency business options, as well as the decision-making criteria taken into account for such options. This data was categorized in ten industry groups. As a conclusion, energy efficiency providers should adapt not only to the economic activity or processes of each customer, but also to the potential business options. It was also found that not all industries consider performance contracting as their most preferred option, as a matter of fact, some industries show much higher preference for conventional business options. Among end users, the divergence in option preferences contrasted with the convergence in decision-making criteria. The decision-making criteria "cost-benefit ratio" overwhelmed all other criterion. End users

  6. The emerging roles of energy storage in a competitive power market: Summary of a DOE Workshop

    SciTech Connect

    Gordon, S.P.; Falcone, P.K.

    1995-06-01

    This report contains a summary of the workshop, {open_quotes}The Emerging Roles of Energy Storage in a Competitive Power Market,{close_quotes} which was sponsored by the U.S. Department of Energy and Sandia National Laboratories and was held in Pleasanton, California on December 6-7, 1994. More than 70 people attended, representing government agencies, national laboratories, equipment vendors, electric utilities and other energy providers, venture capital interests, and consultants. Many types of energy storage were discussed, including electrical (batteries and superconducting magnets), mechanical (flywheels and pumped hydro), hydrogen, compressed air, and thermal energy storage. The objectives of the workshop were to communicate within the energy storage community regarding the costs, benefits, and technical status of various technology options; to explore and elucidate the evolving roles of energy storage in a more dynamic and competitive power and energy marketplace; and to discuss the optimum federal role in this area. The goals of the workshop were fully realized through knowledgeable and insightful presentations and vigorous discussion, which are summarized.

  7. Managing your facility`s energy needs in competitive energy markets

    SciTech Connect

    Luthin, C.; Sweeney, S.

    1999-07-01

    The energy industry has undergone a fundamental change. Despite the fact that only a few states presently allow it, some marketers are selling retail electricity, and offering new options to take advantage of natural gas deregulation and demand side management (DSM). Although one might be happy with the present energy prices and supply, such opportunities may have one wondering if one can do better -- and if one feels comfortable doing so.

  8. Geothermal Program Review XIV: proceedings. Keeping Geothermal Energy Competitive in Foreign and Domestic Markets

    SciTech Connect

    1996-01-01

    The U.S. Department of Energy`s Office of Geothermal Technologies conducted its annual Program Review XIV in Berkeley, April 8-10, 1996. The geothermal community came together for an in-depth review of the federally-sponsored geothermal research and development program. This year`s theme focused on ``Keeping Geothermal Energy Competitive in Foreign and Domestic Markets.`` This annual conference is designed to promote technology transfer by bringing together DOE-sponsored researchers; utility representatives; geothermal developers; equipment and service suppliers; representatives from local, state, and federal agencies; and others with an interest in geothermal energy. Program Review XIV consisted of eight sessions chaired by industry representatives. Introductory and overview remarks were presented during every session followed by detailed reports on specific DOE-funded research projects. The progress of R&D projects over the past year and plans for future activities were discussed. The government-industry partnership continues to strengthen -- its success, achievements over the past twenty years, and its future direction were highlighted throughout the conference. The comments received from the conference evaluation forms are published in this year`s proceedings. Individual papers have been processed for inclusion in the Energy Science and Technology Database.

  9. Competitiveness and potentials of UCG-CCS on the European energy market

    NASA Astrophysics Data System (ADS)

    Kempka, T.; Nakaten, N.; Schlüter, R.; Fernandez-Steeger, T.; Azzam, R.

    2009-04-01

    The world-wide coal reserves can satisfy the world's primary energy demand for several hundred years. However, deep coal deposits with seams of low thickness and structural complexity do currently not allow an economic exploitation of many deposits. Here, underground coal gasification (UCG) can offer an economical approach for coal extraction. The intended overall process relies on coal deposit exploitation using directed drillings located at the coal seam base and the subsequent in situ coal conversion into a synthesis gas. The resulting synthesis gas is used for electricity generation in a combined cycle plant at the surface. A reduction of the CO2 emissions resulting from the combined process is realized by subsequent CO2 capture and its injection into the previously gasified coal seams. The scope of the present study was the investigation of UCG-CCS competitiveness on the European energy market and the determination of the impacting factors. For that purpose, a modular model for calculation of UCG-CCS electricity generation costs was implemented and adapted to the most relevant process parameters. Furthermore, the range of energy supply coverage was estimated based on different German energy generation scenarios.

  10. Overview of the Geothermal Energy Program Review X: Geothermal Energy and the Utility Market - The Opportunities and Challenges for Expanding Geothermal Energy in a Competitive Supply Market

    SciTech Connect

    Mock, John E.; Budraja, Vikram; Jaros, Richard; Yamaguchi, Tsutomu; Hinrichs, Thomas C.

    1992-01-01

    This overview at the Geothermal Program Review X: Geothermal Energy and the Utility Market consisted of five presentations: ''Technology Advancements to Support Growth in Geothermal Power Sales in a Dynamic Utility Market'' by John E. Mock; ''Geothermal Energy Market in Southern California: Past, Present and Future'' by Vikram Budraja; ''Taking the High Ground: Geothermal's Place in the Revolving Energy Market'' by Richard Jaros; ''Recent Developments in Japan's Hot Dry Rock Program'' by Tsutomu Yamaguchi; and ''Options in the Eleventh Year for Interim Standard Offer Number Four Contracts'' by Thomas C. Hinrichs.

  11. Geothermal Program Review X: proceedings. Geothermal Energy and the Utility Market -- the Opportunities and Challenges for Expanding Geothermal Energy in a Competitive Supply Market

    SciTech Connect

    Not Available

    1992-01-01

    Each year the Geothermal Division of the US Department of Energy conducts an in-depth review of its entire geothermal R&D program. The conference serves several purposes: a status report on current R&D activities, an assessment of progress and problems, a review of management issues, and a technology transfer opportunity between DOE and the US geothermal city. This year`s conference, Program Review X, was held in San Francisco on March 24--26, 1992. The theme of the review, ``Geothermal Energy and the Utility Market -- The Opportunities and Challenges for Expanding Geothermal Energy in a Competitive Supply Market,`` focused on the needs of the electric utility sector. Geothermal energy, with its power capacity potential of 10 GWe by the year 2010, can provide reliable, enviromentally clean electricity which can help offset the projected increase in demand. Program Review X consisted of seven sessions including an opening session with presentations by Mr. Vikram Budhraja, Vice President of System Planning and Operations, Southern California Edison Company, and Mr. Richard Jaros, President and Chief Operating Officer, California Energy Company. The six technical sessions included presentations by the relevant field researchers covering DOE-sponsored R&D in hydrothermal, hot dry rock, and geopressured energy. Individual projects are processed separately for the data bases.

  12. Does market competition explain fairness?

    PubMed

    Descioli, Peter

    2013-02-01

    The target article by Baumard et al. uses their previous model of bargaining with outside options to explain fairness and other features of human sociality. This theory implies that fairness judgments are determined by supply and demand but humans often perceive prices (divisions of surplus) in competitive markets to be unfair.

  13. 75 FR 24828 - Promoting a Competitive Market for Capacity Reassignments

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-05-06

    ... Energy Regulatory Commission 18 CFR Part 37 Promoting a Competitive Market for Capacity Reassignments... proposed in this order are intended to facilitate the development of a market for capacity reassignments as... (Technical Information), Office of Energy Market Regulation, Federal Energy Regulatory Commission, 888 First...

  14. 75 FR 58293 - Promoting a Competitive Market for Capacity Reassignment

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-09-24

    ... Energy Regulatory Commission 18 CFR Part 35 Promoting a Competitive Market for Capacity Reassignment..., 2010. The removal of the price cap is intended to help facilitate the development of a market for..., 2010. FOR FURTHER INFORMATION CONTACT: Laurel Hyde (Technical Information), Office of Energy Market...

  15. Competition: a social marketer's friend or foe?

    PubMed

    Wayman, Jennifer J Clay; Beall, Tom; Thackeray, Rosemary; Brown, Kelli R McCormack

    2007-04-01

    In public health social marketing, is there such a thing as "healthy competition," or is the term an oxymoron? The primary focus of this article is on a type of competition that may not often be considered by public health social marketers--competition from other marketing activities that exist in the marketplace in which your intervention is operating. This could also be termed "promotion" competition. The purpose of this article is to briefly review promotion competition and then review competitive factors that can impact a social marketing initiative's success, examine how to conduct a useful competitive analysis, and offer strategies for maximizing the benefits and minimizing the negative implications of competition on your efforts.

  16. Examining Competition in Ontario's Higher Education Market

    ERIC Educational Resources Information Center

    Farhan, Bayan Yousef

    2017-01-01

    Financial challenges have forced many publicly funded academic institutions in Ontario to adopt a corporate model and to use market tools to compete in the higher education market and maintain their enrolment and revenue levels. This study has analyzed how competition affects publicly funded universities in Ontario. Competition was examined by…

  17. Examining Competition in Ontario's Higher Education Market

    ERIC Educational Resources Information Center

    Farhan, Bayan Yousef

    2017-01-01

    Financial challenges have forced many publicly funded academic institutions in Ontario to adopt a corporate model and to use market tools to compete in the higher education market and maintain their enrolment and revenue levels. This study has analyzed how competition affects publicly funded universities in Ontario. Competition was examined by…

  18. Animal spirits, competitive markets, and endogenous growth

    NASA Astrophysics Data System (ADS)

    Miyazaki, Kenji

    2013-10-01

    This paper uses a simple model with an endogenous discount rate and linear technology to investigate whether a competitive equilibrium has a higher balanced growth path (BGP) than the social planning solution and whether the BGP is determinate or indeterminate. The implications are as follows. To start with, people with an instinct to compare themselves with others possess an endogenous discount rate. In turn, this instinct affects the economic growth rate in a competitive market economy. The competitive market economy also sometimes achieves higher economic growth than a social planning economy. However, the outcomes of market economy occasionally fluctuate because of the presence of the self-fulfilling prophecy or animal spirits.

  19. Competition in the Training Market

    ERIC Educational Resources Information Center

    Karmel, Tom, Ed.; Beddie, Francesca, Ed.; Dawe, Susan, Ed.

    2009-01-01

    The National Centre for Vocational Education Research (NCVER) commissioned six leading thinkers to offer insights into what is meant by a training market, constraints upon that market and the areas for improvement in the system which would allow consumers greater choice. These papers, along with responses and an introduction by NCVER's Managing…

  20. Marketing and nursing in a competitive environment.

    PubMed

    Kingma, M

    1998-01-01

    Marketing can no longer be considered vulgar commercialism. Ethically applied, marketing is in fact one of the necessary building stones and development tools for the future development of nursing. In the new competitive environment being created in health sectors to improve efficiency and cost-effectiveness, the nursing profession must learn to use marketing techniques to survey the needs, identify gaps in services and develop products and services that will be relevant for today's empowered consumer.

  1. Nurse education in competitive markets: the case for relationship marketing.

    PubMed

    Roberts, P M

    1998-10-01

    Since the National Health Service reforms of the late 1980s, nurse education has been increasingly subject to market forces. This new competitive environment presents not only threat, but also challenge and opportunity. Providers of nurse education who recognize the need for market orientation and develop responsive marketing strategies will maximize their potential for market retention and growth. Traditional marketing strategies have considerable limitations for public sector services. The new and growing field of relationship marketing offers nurse education an opportunity to retain and develop profitable relationships with both internal and external markets. This paper reviews the marketing arena in nurse education and proposes context-based qualitative research to ascertain definitive constructs of service quality. Such constructs might then be rooted in a theoretical framework of service quality measurement, and be measured within the disconfirmation paradigm of relationship marketing.

  2. Health plan competition in local markets.

    PubMed

    Grossman, J M

    2000-04-01

    To examine the structure of local health insurance markets and the strategies health plans were using to respond to competitive pressures in local markets in 1996/1997. Community Tracking Study site visits conducted between May 1996 and April 1997 in 12 U.S. markets selected to be nationally representative. In each site, 36 to 60 interviews on local health system change were conducted with healthcare industry informants representing health plans, providers, and purchasers. Relevant data for this article were abstracted from standardized protocols administered to multiple respondents in each site. Although the competitive threat from national plans was pervasive, local plans in most sites continued to retain strong, often dominant, positions in historically concentrated markets. In all sites, in response to purchaser pressures for stable premiums and provider choice, and the threat of entry and to plans were using three strategies to increase market share and market power: (1) consolidation/geographic expansion, (2) price competition, and (3) product line/segment diversification that focused on broad networks and open-access products. In most markets, in response to the demand for provider choice, the trend was away from ownership and exclusive arrangements with providers. Although local plans were moving to become full-service regional players, there was uncertainty about the abilities of all plans to sustain growth strategies at the expense of margins and organizational stability, and to effectively manage care with broad networks.

  3. Health plan competition in local markets.

    PubMed Central

    Grossman, J M

    2000-01-01

    OBJECTIVE: To examine the structure of local health insurance markets and the strategies health plans were using to respond to competitive pressures in local markets in 1996/1997. DATA SOURCES/STUDY SETTING: Community Tracking Study site visits conducted between May 1996 and April 1997 in 12 U.S. markets selected to be nationally representative. STUDY DESIGN: In each site, 36 to 60 interviews on local health system change were conducted with healthcare industry informants representing health plans, providers, and purchasers. DATA COLLECTION/EXTRACTION METHOD: Relevant data for this article were abstracted from standardized protocols administered to multiple respondents in each site. PRINCIPAL FINDINGS: Although the competitive threat from national plans was pervasive, local plans in most sites continued to retain strong, often dominant, positions in historically concentrated markets. In all sites, in response to purchaser pressures for stable premiums and provider choice, and the threat of entry and to plans were using three strategies to increase market share and market power: (1) consolidation/geographic expansion, (2) price competition, and (3) product line/segment diversification that focused on broad networks and open-access products. In most markets, in response to the demand for provider choice, the trend was away from ownership and exclusive arrangements with providers. CONCLUSIONS: Although local plans were moving to become full-service regional players, there was uncertainty about the abilities of all plans to sustain growth strategies at the expense of margins and organizational stability, and to effectively manage care with broad networks. PMID:10778822

  4. Investigating Competition in the Retail Petrol Market.

    ERIC Educational Resources Information Center

    Davies, P.

    1984-01-01

    A questionnaire that college economics students can use to investigate the degree and nature of competition in the retail market for petrol is provided. A simple computer program is included to help in the analysis of the questionnaire. (Author/RM)

  5. Basin-Scale Leakage Risks from Geologic Carbon Sequestration: Impact on Carbon Capture and Storage Energy Market Competitiveness

    SciTech Connect

    Peters, Catherine; Fitts, Jeffrey; Wilson, Elizabeth; Pollak, Melisa; Bielicki, Jeffrey; Bhatt, Vatsal

    2013-03-13

    This three-year project, performed by Princeton University in partnership with the University of Minnesota and Brookhaven National Laboratory, examined geologic carbon sequestration in regard to CO{sub 2} leakage and potential subsurface liabilities. The research resulted in basin-scale analyses of CO{sub 2} and brine leakage in light of uncertainties in the characteristics of leakage processes, and generated frameworks to monetize the risks of leakage interference with competing subsurface resources. The geographic focus was the Michigan sedimentary basin, for which a 3D topographical model was constructed to represent the hydrostratigraphy. Specifically for Ottawa County, a statistical analysis of the hydraulic properties of underlying sedimentary formations was conducted. For plausible scenarios of injection into the Mt. Simon sandstone, leakage rates were estimated and fluxes into shallow drinking-water aquifers were found to be less than natural analogs of CO{sub 2} fluxes. We developed the Leakage Impact Valuation (LIV) model in which we identified stakeholders and estimated costs associated with leakage events. It was found that costs could be incurred even in the absence of legal action or other subsurface interference because there are substantial costs of finding and fixing the leak and from injection interruption. We developed a model framework called RISCS, which can be used to predict monetized risk of interference with subsurface resources by combining basin-scale leakage predictions with the LIV method. The project has also developed a cost calculator called the Economic and Policy Drivers Module (EPDM), which comprehensively calculates the costs of carbon sequestration and leakage, and can be used to examine major drivers for subsurface leakage liabilities in relation to specific injection scenarios and leakage events. Finally, we examined the competiveness of CCS in the energy market. This analysis, though qualitative, shows that financial

  6. The role of DSM in a competitive market

    SciTech Connect

    Sutherland, R.J.

    1994-10-01

    The author appreciates the opportunity to participate in this NARUC conference and to offer some thoughts on the implications for demand side management (DSM) resulting from increased competition in the electricity and gas businesses. The dominant theme of almost every professional conference in both gas and electricity is that the markets are becoming increasingly competitive and furthermore that increased competition benefits customers and affords opportunities to providers of energy services. However, only part of the effects of increased competition occur through utility DSM programs. A competitive marketplace for electricity and gas would indeed have an effect on utility conservation programs and on utility customers. The following are some of the implications of a competitive market. My presentation is an explanation and defense of these five propositions. (1) Economic efficiency will be enhanced - which increases the level of economic well being of customers and increases the productivity of the U. S. economy. (2) Energy efficiency will decrease, which may also increase our level of economic well-being and economic productivity. (3) Some DSM conservation programs will end, because they fail to pass the market test of competition. Those DSM programs that contribute to the efficient use of energy resources will prosper under competition. (4) The economic well-being of lower and middle income customers will be enhanced, first, by abolishing the DSM based subsidies to high income customers and second by pricing separately the reliability of electric services. (5) Policy goals will have to be justified on their merits - which is the worst fear of some, but the best outcome as viewed by others.

  7. Measuring competition in health care markets.

    PubMed Central

    Baker, L C

    2001-01-01

    OBJECTIVE: Measuring competition is increasingly important for analysis of health care markets and policies. Measurement of competition in health care is made complex by the breadth of potential issues under study, by the lack of necessary data, and by rapid changes in health care financing and delivery. This study reviews key issues in the measurement of competition and is designed to familiarize researchers and policymakers interested in competition measurement, but not steeped in its practice, with key concepts, data sources, and ways of adapting measures to fit ongoing changes in health care markets. PRINCIPAL FINDINGS: Attention to several key issues will strengthen measurement. Important components of successful measurement are: careful identification of the products and market areas for study; selection of Herfindahl-Hirschman or other indices to fit the issues being considered; consideration of econometric problems, like endogeneity, with common measures; and attention to the ways that current marketplace changes, like growth in managed care, affect the performance of classic measures. Data needed for constructing measures are also frequently scarce, insufficient, or both. Measurement could be improved with access to better data. PMID:11327175

  8. Energy Sector Market Analysis

    SciTech Connect

    Arent, D.; Benioff, R.; Mosey, G.; Bird, L.; Brown, J.; Brown, E.; Vimmerstedt, L.; Aabakken, J.; Parks, K.; Lapsa, M.; Davis, S.; Olszewski, M.; Cox, D.; McElhaney, K.; Hadley, S.; Hostick, D.; Nicholls, A.; McDonald, S.; Holloman, B.

    2006-10-01

    This paper presents the results of energy market analysis sponsored by the Department of Energy's (DOE) Weatherization and International Program (WIP) within the Office of Energy Efficiency and Renewable Energy (EERE). The analysis was conducted by a team of DOE laboratory experts from the National Renewable Energy Laboratory (NREL), Oak Ridge National Laboratory (ORNL), and Pacific Northwest National Laboratory (PNNL), with additional input from Lawrence Berkeley National Laboratory (LBNL). The analysis was structured to identify those markets and niches where government can create the biggest impact by informing management decisions in the private and public sectors. The analysis identifies those markets and niches where opportunities exist for increasing energy efficiency and renewable energy use.

  9. Clean Energy Business Plan Competition

    SciTech Connect

    Maxted, Sara Jane; Lojewski, Brandon; Scherson, Yaniv

    2012-01-01

    Top Students Pitch Clean Energy Business Plans The six regional finalists of the National Clean Energy Business Plan Competition pitched their business plans to a panel of judges June 13 in Washington, D.C. The expert judges announced NuMat Technologies from Northwestern University as the grand prize winner.

  10. Clean Energy Business Plan Competition

    ScienceCinema

    Maxted, Sara Jane; Lojewski, Brandon; Scherson, Yaniv

    2016-07-12

    Top Students Pitch Clean Energy Business Plans The six regional finalists of the National Clean Energy Business Plan Competition pitched their business plans to a panel of judges June 13 in Washington, D.C. The expert judges announced NuMat Technologies from Northwestern University as the grand prize winner.

  11. Measuring market performance in restructured electricity markets: An empirical analysis of the PJM energy market

    NASA Astrophysics Data System (ADS)

    Tucker, Russell Jay

    2002-09-01

    Today the electric industry in the U.S. is transitioning to competitive markets for wholesale electricity. Independent system operators (ISOs) now manage broad regional markets for electrical energy in several areas of the U.S. A recent rulemaking by the Federal Energy Regulatory Commission (FERC) encourages the development of regional transmission organizations (RTOs) and restructured competitive wholesale electricity markets nationwide. To date, the transition to competitive wholesale markets has not been easy. The increased reliance on market forces coupled with unusually high electricity demand for some periods have created conditions amenable to market power abuse in many regions throughout the U.S. In the summer of 1999, hot and humid summer conditions in Pennsylvania, New Jersey, Maryland, Delaware, and the District of Columbia pushed peak demand in the PJM Interconnection to record levels. These demand conditions coincided with the introduction of market-based pricing in the wholesale electricity market. Prices for electricity increased on average by 55 percent, and reached the $1,000/MWh range. This study examines the extent to which generator market power raised prices above competitive levels in the PJM Interconnection during the summer of 1999. It simulates hourly market-clearing prices assuming competitive market behavior and compares these prices with observed market prices in computing price markups over the April 1-August 31, 1999 period. The results of the simulation analysis are supported with an examination of actual generator bid data of incumbent generators. Price markups averaged 14.7 percent above expected marginal cost over the 5-month period for all non-transmission-constrained hours. The evidence presented suggests that the June and July monthly markups were strongly influenced by generator market power as price inelastic peak demand approached the electricity generation capacity constraint of the market. While this analysis of the

  12. Electricity Market Liberalisation and Flexibility of Conventional Generation to Balance Intermittent Renewable Energy - Is It Possible to Stay Competitive?

    NASA Astrophysics Data System (ADS)

    Linkevics, O.; Ivanova, P.; Balodis, M.

    2016-12-01

    Intermittent generation (solar PV and wind energy) integration in power production portfolio as well as electricity price fluctuations have changed the running manner of conventional combined heat and power (CHP) plants: the shift from base load operation to running in cyclic modes. These cogeneration power plants are not adapted to new running conditions. The level of CHP plant flexibility should be improved to operate profitably and efficiently from both technical and fuel usage point of view. There are different ways to increase the flexibility of power plants. Before any improvements, the situation at power plants should be evaluated and the weakest points defined. In this publication, such measures are presented on Riga CHP-2 plant example: installation of heat storage tank; extension of operation rang; acceleration of start-ups.

  13. Financial methods in competitive electricity markets

    NASA Astrophysics Data System (ADS)

    Deng, Shijie

    The restructuring of electric power industry has become a global trend. As reforms to the electricity supply industry spread rapidly across countries and states, many political and economical issues arise as a result of people debating over which approach to adopt in restructuring the vertically integrated electricity industry. This dissertation addresses issues of transmission pricing, electricity spot price modeling, as well as risk management and asset valuation in a competitive electricity industry. A major concern in the restructuring of the electricity industries is the design of a transmission pricing scheme that will ensure open-access to the transmission networks. I propose a priority-pricing scheme for zonal access to the electric power grid that is uniform across all buses in each zone. The Independent System Operator (ISO) charges bulk power traders a per unit ex ante transmission access fee based on the expected option value of the generated power with respect to the random zonal spot prices. The zonal access fee depends on the injection zone and a self-selected strike price determining the scheduling priority of the transaction. Inter zonal transactions are charged (or credited) with an additional ex post congestion fee that equals the zonal spot price difference. The unit access fee entitles a bulk power trader to either physical injection of one unit of energy or a compensation payment that equals to the difference between the realized zonal spot price and the selected strike price. The ISO manages congestion so as to minimize net compensation payments and thus, curtailment probabilities corresponding to a particular strike price may vary by bus. The rest of the dissertation deals with the issues of modeling electricity spot prices, pricing electricity financial instruments and the corresponding risk management applications. Modeling the spot prices of electricity is important for the market participants who need to understand the risk factors in

  14. Academic health centers in competitive markets.

    PubMed

    Reuter, J; Gaskin, D

    1997-01-01

    Academic health center (AHC) hospitals and other major teaching hospitals have funded a portion of their academic missions through patient care revenues. Using all-payer state discharge data, this DataWatch presents information on how these institutions are being affected by market changes. Although AHCs are not as successful as other hospitals are in attracting managed care patients, competitive pressures had not eroded AHCs' financial status as of 1994. However, increasing enrollment in managed care and potential changes in both Medicare and Medicaid suggest that pressure on the financing of these institutions' social missions will continue to grow over time.

  15. Electric power competition & the economic doctrine of contestable markets

    SciTech Connect

    Owan, R.E.

    1995-06-01

    This paper addresses electric power competition and ascribes a prototypical market structure for the utility industry. The advent of {open_quotes}limited{close_quotes} competition in the electric utility industry has created interesting market challenges for incumbent companies and those eager to enter the fray. Competition is viewed as limited in the sense that not all aspects of the utility industry have been deregulated. While transmission and distribution remain protected market segments, the metamorphosis is most evident in the generation component of the utility industry. The changes have been orchestrated by favorable actions by the Federal Energy Regulatory Commission (FERC) and Public Utilities Regulatory Policies Act (PURPA). Because of the industry changes, the classical view of the electric utility company as a vertical monopoly is arguable. Welfare considerations not withstanding, part of the rationale for the deregulation of power generation is that the technology and techniques are sufficiently common (i.e. not proprietary) as to allow others to provide the same product or service at competitive prices.

  16. Essays on competition in electricity markets

    NASA Astrophysics Data System (ADS)

    Bustos Salvagno, Ricardo Javier

    The first chapter shows how technology decisions affect entry in commodity markets with oligopolistic competition, like the electricity market. I demonstrate an entry deterrence effect that works through cost uncertainty. Technology's cost uncertainty affects spot market expected profits through forward market trades. Therefore, incentives to engage in forward trading shape firms' decisions on production technologies. I show that high-cost but low-risk technologies are adopted by risk-averse incumbents to deter entry. Strategic technology adoption can end in a equilibrium where high-cost technologies prevail over low-cost but riskier ones. In the case of incumbents who are less risk-averse than entrants, entry deterrence is achieved by choosing riskier technologies. The main results do not depend on who chooses their technology first. Chapter two examines the Chilean experience on auctions for long-term supply contracts in electricity markets from 2006 to 2011. Using a divisible-good auction model, I provide a theoretical framework that explains bidding behavior in terms of expected spot prices and contracting positions. The model is extended to include potential strategic behavior on contracting decisions. Empirical estimations confirm the main determinants of bidding behavior and show heterogeneity in the marginal cost of over-contracting depending on size and incumbency. Chapter three analyzes the lag in capacity expansion in the Chilean electricity market from 2000 to 2004. Regarded as a result of regulatory uncertainty, the role of delays in the construction of a large hydro-power plant has been overlooked by the literature. We argue that those delays postponed projected investment and gave small windows of opportunity that only incumbents could take advantage of. We are able to retrace the history of investments through real-time information from the regulator's reports and a simple model enables us to explain the effect of those delays on suggested and under

  17. Health insurance and imperfect competition in the health care market.

    PubMed

    Vaithianathan, Rhema

    2006-11-01

    We show that when health care providers have market power and engage in Cournot competition, a competitive upstream health insurance market results in over-insurance and over-priced health care. Even though consumers and firms anticipate the price interactions between these two markets - the price set in one market affects the demand expressed in the other - Pareto improvements are possible. The results suggest a beneficial role for Government intervention, either in the insurance or the health care market.

  18. Competition and quality in home health care markets.

    PubMed

    Jung, Kyoungrae; Polsky, Daniel

    2014-03-01

    Market-based solutions are often proposed to improve health care quality; yet evidence on the role of competition in quality in non-hospital settings is sparse. We examine the relationship between competition and quality in home health care. This market is different from other markets in that service delivery takes place in patients' homes, which implies low costs of market entry and exit for agencies. We use 6 years of panel data for Medicare beneficiaries during the early 2000s. We identify the competition effect from within-market variation in competition over time. We analyze three quality measures: functional improvements, the number of home health visits, and discharges without hospitalization. We find that the relationship between competition and home health quality is nonlinear and its pattern differs by quality measure. Competition has positive effects on functional improvements and the number of visits in most ranges, but in the most competitive markets, functional outcomes and the number of visits slightly drop. Competition has a negative effect on discharges without hospitalization that is strongest in the most competitive markets. This finding is different from prior research on hospital markets and suggests that market-specific environments should be considered in developing polices to promote competition.

  19. Multiple Openings and Competitiveness of Forward Markets: Experimental Evidence.

    PubMed

    Ferreira, José Luis; Kujal, Praveen; Rassenti, Stephen

    2016-01-01

    We test the competition enhancing effect of selling forward in experimental Cournot duopoly and quadropoly with multiple forward markets. We find that two forward periods yields competitive outcomes and that the results are very close to the predicted theoretical results for quantity setting duopolies and quadropolies. Our experiments lend strong support to the hypothesis that forward markets are competition enhancing. We then test a new market that allows for endogenously determined indefinitely many forward periods that only close when sellers coordinate on selling a zero amount in a forward market. We find that the outcomes under an endogenous close rule are also very competitive. These results hold for both duopolies and quadropolies.

  20. 75 FR 47499 - Demand Response Compensation in Organized Wholesale Energy Markets

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-08-06

    ... Markets AGENCY: Federal Energy Regulatory Commission. ACTION: Supplemental Notice of Proposed Rulemaking... markets administered by Independent System Operators or Regional Transmission Organizations. The... competitiveness of organized wholesale energy markets and thus ensure just and reasonable wholesale rates. The...

  1. Energy market of the European union: common or segmented?

    SciTech Connect

    Nowak, Bartlomiej

    2010-12-15

    The European energy market operates on the premise of open and competitive markets among its 27 member states. But the gas and electricity market dynamics and levels of competitiveness vary enormously across the EU 27. Among the issues are unequal implementation of electricity and gas directives, a lack of independent energy regulators, the absence of proper and full unbundling, and discriminatory third-party access to the infrastructure. (author)

  2. Competitions hatch butterfly attractors in foreign exchange markets

    NASA Astrophysics Data System (ADS)

    Jin, Yu Ying

    2005-03-01

    Chaos in foreign exchange markets is a common issue of concern in the study of economic dynamics. In this work, we mainly investigate the competition effect on chaos in foreign exchange markets. As one of the main economic structures in the globalization process, competition between two target exchange rates with the same base currency forms a simple competitive exchange rate relation, where each exchange rate follows the chaotic model of De Grauwe (Exchange Rate Theory-Chaotic Models of Foreign Exchange Markets, Blackwell, Oxford, Cambridge, MA, 1993). The main discovery is, while each exchange rate is in its non-chaotic parameter regions, the effect of competition will “hatch” butterfly-like chaotic attractors in the competitive market. The positive Lyapunov exponent in the market explains the reason why chaos occurs.

  3. Electric-utility DSM programs in a competitive market

    SciTech Connect

    Hirst, E.

    1994-04-01

    During the past few years, the costs and effects of utility demand-side management (DSM) programs have grown sharply. In 1989, US electric utilities spent 0.5% of revenues on such programs and cut total electricity consumption by 0.6%. By 1992, these numbers had increased to 1.3% and 1.2%, respectively. Utility projections, as of early 1993, of DSM expenditures and energy savings for 1997 were 1.7% and 2.5%, respectively. Whether this projected growth comes to pass may depend on current debates about deregulation of, and increased competition in, the electric-utility industry. This report examines the factors likely to affect utility DSM programs in a more competitive environment. The electric-utility industry faces two forces that may conflict with each other. One is the pressure to open up both wholesale and retail markets for competition. The net effect of such competition, especially at the retail level, would have much greater emphasis on electricity prices and less emphasis on energy services. Such an outcome would force a sharp reduction in the scale of DSM programs that are funded by customers in general. The second force is increased concern about environmental quality and global warming. Because utilities are major contributors to US carbon dioxide emissions, the Administration`s Climate Change Action Plan calls on utilities to reduce such emissions. DSM programs are one key way to do that and, in the process, to cut customer electric bills and improve economic productivity. This report discusses the forms of competition and how they might affect DSM programs. It examines the important roles that state regulatory commissions could play to affect retail competition and utility DSM programs. The report also considers the effects of DSM programs on retail electricity prices.

  4. Natural gas contracts in an emerging competitive market

    SciTech Connect

    Sutherland, R.J.

    1992-01-01

    Natural gas is being viewed by many as the fuel of the 1990s and beyond because of its environmental qualities, relatively low cost and significant domestic resource base. However, in the Fall of 1991, a group of electric utility executives met with then Deputy Secretary of Energy Henson Moore and asserted that an inability to obtain long term gas contracts meant that supplies are unreliable and construction of gas-fueled generating stations is being discouraged. This study was requested by the Deputy Secretary to address the issues surrounding long-term gas contracts and supply reliability. The relationship between supply reliability and contracts is explained in terms of the number of buyers and sellers in a market. With the appropriate state regulatory policies, utilities can contract for gas and obtain reliable supplies at competitive market prices. Public utility commissioners are encouraged to permit utilities a free choice in signing gas contracts, but to allow only competitive market prices to be reflected in allowable fuel costs.

  5. Natural gas contracts in an emerging competitive market

    SciTech Connect

    Sutherland, R.J.

    1992-11-01

    Natural gas is being viewed by many as the fuel of the 1990s and beyond because of its environmental qualities, relatively low cost and significant domestic resource base. However, in the Fall of 1991, a group of electric utility executives met with then Deputy Secretary of Energy Henson Moore and asserted that an inability to obtain long term gas contracts meant that supplies are unreliable and construction of gas-fueled generating stations is being discouraged. This study was requested by the Deputy Secretary to address the issues surrounding long-term gas contracts and supply reliability. The relationship between supply reliability and contracts is explained in terms of the number of buyers and sellers in a market. With the appropriate state regulatory policies, utilities can contract for gas and obtain reliable supplies at competitive market prices. Public utility commissioners are encouraged to permit utilities a free choice in signing gas contracts, but to allow only competitive market prices to be reflected in allowable fuel costs.

  6. Effect of market competition on hospital performance for heart failure.

    PubMed

    Maeda, Jared Lane K; LoSasso, Anthony T

    2011-12-01

    To investigate whether market competition is a potential driver of hospital performance on the key evidence-based Joint Commission heart-failure (HF) quality indicators of angiotensin-converting enzyme inhibitor/angiotensin receptor blocker prescribed, left ventricular function assessment, smoking-cessation counseling, and discharge instructions. Retrospective multivariate analysis. Hospital performance data for HF was obtained from The Joint Commission's ORYX program from 2003 to 2006. The performance data were linked with hospital characteristics from the American Hospital Association Annual Survey and area-level sociodemographic information from the Area Resource File. Healthcare markets were defined as hospital referral regions (HRRs) and market competition intensity was defined by the Herfindahl-Hirschman Index. Hospital-level and HRR-level ordinary least squares fixed effects regression models were used to estimate the relationship between market competition and performance. A paired comparison indicated that there was a significant change in the mean hospital-level performance over time on all of the HF quality indicators. From the multivariate analyses, hospitals in the least competitive markets (Quintile 5) performed slightly better (2.9%) than the most competitive markets (Quintile 1) for left ventricular function assessment (P <.01). At the HRR level, however, the least competitive markets (Quintile 5) performed moderately worse (5.1%) on the discharge-instructions quality indicator compared with the most competitive markets (Quintile 1) (P = .05). Market competition intensity was associated with only small differences in hospital performance. The level of market competitiveness may produce only marginal incremental benefits to inpatient HF care.

  7. [Competition and prices in the Mexican pharmaceutical market].

    PubMed

    Molina-Salazar, Raúl E; González-Marín, Eloy; Carbajal-de Nova, Carolina

    2008-01-01

    The forms of market competition define prices. The pharmaceutical market contains submarkets with different levels of competition; on the one hand are the innovating products with patents, and on the other, generic products with or without trade names. Innovating medicines generally have monopolistic prices, but when the patents expire prices drop because of competition from therapeutic alternatives. The trade name makes it easier to maintain monopolistic prices. In Mexico, medicine prices in the private market are high--according to aggregated estimates and prices for specific medicines--which reflect the limitations of pharmaceutical market competition and the power of the trade name. The public segment enjoys competitive prices using the WHO strategy for essential medicines on the basis of the Essential List.

  8. Wind Generation in the Future Competitive California Power Market

    SciTech Connect

    Sezgen, O.; Marnay, C.; Bretz, S.

    1998-03-01

    The goal of this work is to develop improved methods for assessing the viability of wind generation in competitive electricity markets. The viability of a limited number of possible wind sites is assessed using a geographic information system (GIS) to determine the cost of development, and Elfin, an electric utility production costing and capacity expansion model, to estimate the possible revenues and profits of wind farms at the sites. This approach improves on a simple profitability calculation by using a site-specific development cost calculation and by taking the effect of time varying market prices on revenues into account. The first component of the work is to develop data characterizing wind resources suitable for use in production costing and capacity expansion models, such as Elfin, that are capable of simulating competitive electricity markets. An improved representation of California wind resources is built, using information collected by the California Energy Commission (CE C) in previous site evaluations, and by using a GIS approach to estimating development costs at 36 specific sites. These sites, which have been identified as favorable for wind development, are placed on Digital Elevation Maps (DEMs) and development costs are calculated based on distances to roads and transmission lines. GIS is also used to develop the potential capacity at each site by making use of the physical characteristics of the terrain, such as ridge lengths. In the second part of the effort, using a previously developed algorithm for simulating competitive entry to the California electricity market, the Elfin model is used to gauge the viability of wind farms at the 36 sites. The results of this exercise are forecasts of profitable development levels at each site and the effects of these developments on the electricity system as a whole. Under best guess assumptions, including prohibition of new nuclear and coal capacity, moderate increase in gas prices and some decline in

  9. Effects of payment reform in more versus less competitive markets.

    PubMed

    Sood, Neeraj; Alpert, Abby; Barnes, Kayleigh; Huckfeldt, Peter; Escarce, José J

    2017-01-01

    Policymakers are increasingly interested in reducing healthcare costs and inefficiencies through innovative payment strategies. These strategies may have heterogeneous impacts across geographic areas, potentially reducing or exacerbating geographic variation in healthcare spending. In this paper, we exploit a major payment reform for home health care to examine whether reductions in reimbursement lead to differential changes in treatment intensity and provider costs depending on the level of competition in a market. Using Medicare claims, we find that while providers in more competitive markets had higher average costs in the pre-reform period, these markets experienced larger proportional reductions in treatment intensity and costs after the reform relative to less competitive markets. This led to a convergence in spending across geographic areas. We find that much of the reduction in provider costs is driven by greater exit of "high-cost" providers in more competitive markets. Copyright © 2017 Elsevier B.V. All rights reserved.

  10. Effects of Payment Reform in More versus Less Competitive Markets

    PubMed Central

    Sood, Neeraj; Alpert, Abby; Barnes, Kayleigh; Huckfeldt, Peter; Escarce, José J.

    2017-01-01

    Policymakers are increasingly interested in reducing healthcare costs and inefficiencies through innovative payment strategies. These strategies may have heterogeneous impacts across geographic areas, potentially reducing or exacerbating geographic variation in healthcare spending. In this paper, we exploit a major payment reform for home health care to examine whether reductions in reimbursement lead to differential changes in treatment intensity and provider costs depending on the level of competition in a market. Using Medicare claims, we find that while providers in more competitive markets had higher average costs in the pre-reform period, these markets experienced larger proportional reductions in treatment intensity and costs after the reform relative to less competitive markets. This led to a convergence in spending across geographic areas. We find that much of the reduction in provider costs is driven by greater exit of “high-cost” providers in more competitive markets. PMID:28073062

  11. An economic analysis of space solar power and its cost competitiveness as a supplemental source of energy for space and ground markets

    NASA Technical Reports Server (NTRS)

    Marzwell, N. I.

    2002-01-01

    Economic Growth has been historically associated with nations that first made use of each new energy source. There is no doubt that Solar Power Satellites is high as a potential energy system for the future. A conceptual cost model of the economics value of space solar power (SSP) as a source of complementary power for in-space and ground applications will be discussed. Several financial analysis will be offered based on present and new technological innovations that may compete with or be complementary to present energy market suppliers depending on various institutional arrangements for government and the private sector in a Global Economy. Any of the systems based on fossil fuels such as coal, oil, natural gas, and synthetic fuels share the problem of being finite resources and are subject to ever-increasing cost as they grow ever more scarce with drastic increase in world population. Increasing world population and requirements from emerging underdeveloped countries will also increase overall demand. This paper would compare the future value of SSP with that of other terrestrial renewable energy in distinct geographic markets within the US, in developing countries, Europe, Asia, and Eastern Europe.

  12. An economic analysis of space solar power and its cost competitiveness as a supplemental source of energy for space and ground markets

    NASA Technical Reports Server (NTRS)

    Marzwell, N. I.

    2002-01-01

    Economic Growth has been historically associated with nations that first made use of each new energy source. There is no doubt that Solar Power Satellites is high as a potential energy system for the future. A conceptual cost model of the economics value of space solar power (SSP) as a source of complementary power for in-space and ground applications will be discussed. Several financial analysis will be offered based on present and new technological innovations that may compete with or be complementary to present energy market suppliers depending on various institutional arrangements for government and the private sector in a Global Economy. Any of the systems based on fossil fuels such as coal, oil, natural gas, and synthetic fuels share the problem of being finite resources and are subject to ever-increasing cost as they grow ever more scarce with drastic increase in world population. Increasing world population and requirements from emerging underdeveloped countries will also increase overall demand. This paper would compare the future value of SSP with that of other terrestrial renewable energy in distinct geographic markets within the US, in developing countries, Europe, Asia, and Eastern Europe.

  13. Market power in electric power markets: Indications of competitiveness in spatial prices for wholesale electricity

    NASA Astrophysics Data System (ADS)

    Denton, Michael John

    The issue of market delineation and power in the wholesale electric energy market is explored using three separate approaches: two of these are analyses of spatial pricing data to explore the functional size of the markets, and the third is a series of experimental tests of the effects of different cost structures and market mechanisms on oligopoly strength in those markets. An equilibrium model of spatial network competition is shown to yield linear relationships between spatial prices. A data set comprising two years of spatial weekly peak and off-peak prices and weather for 6 locations in the Western States Coordinating Council and the Southwest Power Pool is subjected to a pairwise cointegration analysis. The use of dummy variables to account the the flow directions is found to significantly improve model performance. The second analytical technique utilizes the extraction of principal components from a spatial price correlation matrix to identify the extent of natural markets. One year of daily price observations for eleven locations within the WSCC is compiled and eigenvectors are extracted and subjected to oblique rotation, each of which is then interpreted as representing a separate geographic market. The results show that two distinct natural markets, correlated at 84%, account for over 96% of the variation in the spatial prices in the WSSC. Together, the findings support the assertion that the wholesale electricity market in the Western U.S. is large and highly competitive. The experimental analysis utilizes a radial three node network in which suppliers located at the outer nodes sell to buyers located at the central node. The parameterization captures the salient characteristics of the existing bulk power markets, and includes cyclical demand, transmission losses, as well as fixed and avoidable fixed costs for all agents. Treatments varied the number of sellers, the avoidable fixed cost structures, and the trading mechanism. Results indicated that

  14. Competitive market for multiple firms and economic crisis

    NASA Astrophysics Data System (ADS)

    Tao, Yong

    2010-09-01

    The origin of economic crises is a key problem for economics. We present a model of long-run competitive markets to show that the multiplicity of behaviors in an economic system, over a long time scale, emerge as statistical regularities (perfectly competitive markets obey Bose-Einstein statistics and purely monopolistic-competitive markets obey Boltzmann statistics) and that how interaction among firms influences the evolutionary of competitive markets. It has been widely accepted that perfect competition is most efficient. Our study shows that the perfectly competitive system, as an extreme case of competitive markets, is most efficient but not stable, and gives rise to economic crises as society reaches full employment. In the economic crisis revealed by our model, many firms condense (collapse) into the lowest supply level (zero supply, namely, bankruptcy status), in analogy to Bose-Einstein condensation. This curious phenomenon arises because perfect competition (homogeneous competitions) equals symmetric (indistinguishable) investment direction, a fact abhorred by nature. Therefore, we urge the promotion of monopolistic competition (heterogeneous competitions) rather than perfect competition. To provide early warning of economic crises, we introduce a resolving index of investment, which approaches zero in the run-up to an economic crisis. On the other hand, our model discloses, as a profound conclusion, that the technological level for a long-run social or economic system is proportional to the freedom (disorder) of this system; in other words, technology equals the entropy of system. As an application of this concept, we give a possible answer to the Needham question: “Why was it that despite the immense achievements of traditional China it had been in Europe and not in China that the scientific and industrial revolutions occurred?”

  15. Competitive market for multiple firms and economic crisis.

    PubMed

    Tao, Yong

    2010-09-01

    The origin of economic crises is a key problem for economics. We present a model of long-run competitive markets to show that the multiplicity of behaviors in an economic system, over a long time scale, emerge as statistical regularities (perfectly competitive markets obey Bose-Einstein statistics and purely monopolistic-competitive markets obey Boltzmann statistics) and that how interaction among firms influences the evolutionary of competitive markets. It has been widely accepted that perfect competition is most efficient. Our study shows that the perfectly competitive system, as an extreme case of competitive markets, is most efficient but not stable, and gives rise to economic crises as society reaches full employment. In the economic crisis revealed by our model, many firms condense (collapse) into the lowest supply level (zero supply, namely, bankruptcy status), in analogy to Bose-Einstein condensation. This curious phenomenon arises because perfect competition (homogeneous competitions) equals symmetric (indistinguishable) investment direction, a fact abhorred by nature. Therefore, we urge the promotion of monopolistic competition (heterogeneous competitions) rather than perfect competition. To provide early warning of economic crises, we introduce a resolving index of investment, which approaches zero in the run-up to an economic crisis. On the other hand, our model discloses, as a profound conclusion, that the technological level for a long-run social or economic system is proportional to the freedom (disorder) of this system; in other words, technology equals the entropy of system. As an application of this concept, we give a possible answer to the Needham question: "Why was it that despite the immense achievements of traditional China it had been in Europe and not in China that the scientific and industrial revolutions occurred?"

  16. The Effects of Nurse Staffing on Hospital Financial Performance: Competitive Versus Less Competitive Markets

    PubMed Central

    Everhart, Damian; Neff, Donna; Al-Amin, Mona; Nogle, June; Weech-Maldonado, Robert

    2013-01-01

    Background Hospitals facing financial uncertainty have sought to reduce nurse staffing as a way to increase profitability. However, nurse staffing has been found to be important in terms of quality of patient care and nursing related outcomes. Nurse staffing can provide a competitive advantage to hospitals and as a result better financial performance, particularly in more competitive markets Purpose In this study we build on the Resource-Based View of the Firm to determine the effect of nurse staffing on total profit margin in more competitive and less competitive hospital markets in Florida. Methodology/Approach By combining a Florida statewide nursing survey with the American Hospital Association Annual Survey and the Area Resource File, three separate multivariate linear regression models were conducted to determine the effect of nurse staffing on financial performance while accounting for market competitiveness. The analysis was limited to acute care hospitals. Findings Nurse staffing levels had a positive association with financial performance (β=3.3; p=0.02) in competitive hospital markets, but no significant association was found in less competitive hospital markets. Practice Implications Hospitals in more competitive hospital markets should reconsider reducing nursing staff, as these cost cutting measures may be inefficient and negatively affect financial performance. PMID:22543824

  17. The effects of nurse staffing on hospital financial performance: competitive versus less competitive markets.

    PubMed

    Everhart, Damian; Neff, Donna; Al-Amin, Mona; Nogle, June; Weech-Maldonado, Robert

    2013-01-01

    Hospitals facing financial uncertainty have sought to reduce nurse staffing as a way to increase profitability. However, nurse staffing has been found to be important in terms of quality of patient care and nursing-related outcomes. Nurse staffing can provide a competitive advantage to hospitals and as a result of better financial performance, particularly in more competitive markets. In this study, we build on the Resource-Based View of the Firm to determine the effect of nurse staffing on total profit margin in more competitive and less competitive hospital markets in Florida. By combining a Florida statewide nursing survey with the American Hospital Association Annual Survey and the Area Resource File, three separate multivariate linear regression models were conducted to determine the effect of nurse staffing on financial performance while accounting for market competitiveness. The analysis was limited to acute care hospitals. Nurse staffing levels had a positive association with financial performance (β = 3.3, p = .02) in competitive hospital markets, but no significant association was found in less competitive hospital markets. Hospitals in more competitive hospital markets should reconsider reducing nursing staff, as these cost-cutting measures may be inefficient and negatively affect financial performance.

  18. Pfizer and its competitive marketing challenges.

    PubMed

    Carter, Tony

    2003-01-01

    Pfizer has been the preeminent global pharmaceutical company in recent years and much of their success can be attributed to their marketing responsiveness and innovation. Pfizer is committed to patients, the community and quality product development. As a model in marketing effectiveness they also show how to lead internal resources efficiently to maximize market place opportunities.

  19. Multiple Openings and Competitiveness of Forward Markets: Experimental Evidence

    PubMed Central

    Ferreira, José Luis; Kujal, Praveen; Rassenti, Stephen

    2016-01-01

    We test the competition enhancing effect of selling forward in experimental Cournot duopoly and quadropoly with multiple forward markets. We find that two forward periods yields competitive outcomes and that the results are very close to the predicted theoretical results for quantity setting duopolies and quadropolies. Our experiments lend strong support to the hypothesis that forward markets are competition enhancing. We then test a new market that allows for endogenously determined indefinitely many forward periods that only close when sellers coordinate on selling a zero amount in a forward market. We find that the outcomes under an endogenous close rule are also very competitive. These results hold for both duopolies and quadropolies. PMID:27442516

  20. Secondary Products (Markets, Competition, and Technological Improvements)

    Treesearch

    Philip A. Araman

    1988-01-01

    Competitiveness, imports, exports, and technological improvements--these are issues facing secondary wood-product manufacturers. The major problems focus on increasing foreign imports and the inability of U.S. industries to repell the imports. How and where should we, as researchers, allocate our efforts to enhance the competitiveness of secondary forest industries in...

  1. Price competition in the Chinese pharmaceutical market.

    PubMed

    Wang, Y Richard

    2006-06-01

    We study price competition between high-quality global products and low-quality local products in a developing country, i.e., China, Nearly all previous studies on pharmaceutical price competition focused on developed countries with bioequivalent generics. In China, local generic products are not bioequivalent and are deemed of lower quality, while global products in the same class are considered similar in quality and better substitutes. We hypothesize that local generic competition drives down local product price but not global product price. In addition, we hypothesize that therapeutic competition among similar global products lowers global product price. Our empirical results support both hypotheses. Number of local generic competitors has a significantly negative effect on local product price but no effect on global product price, while number of global therapeutic competitors has a significantly negative effect on global product price. Policy changes that encourage bioequivalent local products and accelerate global product approvals will enhance price competition in China.

  2. Energy by the Numbers: Collegiate Wind Competition

    SciTech Connect

    2016-05-19

    The U.S. Department of Energy Collegiate Wind Competition prepares students from multiple disciplines to enter tomorrow’s wind energy workforce. As part of the competition, undergraduate students build and test a wind turbine, establish a deployment strategy, and develop and deliver a business plan.

  3. Overemphasis on Perfectly Competitive Markets in Microeconomics Principles Textbooks

    ERIC Educational Resources Information Center

    Hill, Roderick; Myatt, Anthony

    2007-01-01

    Microeconomic principles courses focus on perfectly competitive markets far more than other market structures. The authors examine five possible reasons for this but find none of them sufficiently compelling. They conclude that textbook authors should place more emphasis on how economists select appropriate models and test models' predictions…

  4. Girls in the Education Market: Choice, Competition and Complexity.

    ERIC Educational Resources Information Center

    Ball, Stephen J.; Gewirtz, Sharon

    1997-01-01

    Considers the role of girls' schools in the United Kingdom education market and the positioning and "value" of girls by examining the workings of market forces in education. It reveals that current conditions of competition offer some advantages to girls but that these advantages have to be set against the continuing contradictions and…

  5. Deregulation and competitive power markets -- Its impact on developing economies

    SciTech Connect

    Saran, K.

    1998-07-01

    The aim of privatization in developed countries is to encourage competition in generation and supply of power whereas the focus of developing economies is to bridge the demand supply gap by addition of capacity. However, there needs to be a reconciliation between these two apparently having conflicting objectives even in case of developing economies. In competitive power markets it is necessary that rules of the game are identified in advance and followed uniformly by all players. Existence of a ``referee'' would be necessary to regulate the game so as to ensure fair play. The regulatory institution would serve this purpose and work as a stimulator to development of privatization and competitive power markets in developing economies. Consumer interests should be of upper-most priority in the mind while establishing power markets and regulatory institutions, particularly as market forces are unfavorable to consumer interests in power shortage conditions. As competition fosters, gradually market forces take over and the ``harsh'' regulator would convert itself to a ``silent vigil referee'' so as to ensure genuine competition. The debate of deregulation vs. regulation will continue but the show must go on for building of an increasingly sound, competitive and vibrant power sector in the interest of end use consumers. The planned and phased restructuring though a delayed process is a preferred process and India is fully determined to achieve this.

  6. Competition and market power in option demand markets.

    PubMed

    Capps, Cory; Dranove, David; Satterthwaite, Mark

    2003-01-01

    We call markets in which intermediaries sell networks of suppliers to consumers who are uncertain about their needs "option demand markets." In these markets, suppliers may grant the intermediaries discounts in order to be admitted to their networks. We derive a measure of each supplier's market power within the network; the measure is based on the additional ex ante expected utility consumers obtain from the supplier's inclusion. We empirically validate the WTP measure by considering managed care purchases of hospital services in the San Diego market. Finally, we present three applications, including an analysis of hospital mergers in San Diego.

  7. Contribution to hospital performance: market orientation vs. marketing effort and lack of competition.

    PubMed

    Wrenn, Bruce

    2002-01-01

    Marketing is still viewed with some skepticism by some hospital administrators who wonder if marketing is needed when the hospital is in a benign competitive environment. This research seeks to investigate the contribution of a marketing orientation to hospital performance beyond what can be achieved by merely spending money on promotion or not facing stiff competition. Findings reveal that having an authentic market orientation makes a significant contribution to a hospital's success above what can be achieved through promotional budgets and lack of competition.

  8. Market competition influences renal transplantation risk and outcomes.

    PubMed

    Adler, Joel T; Sethi, Rosh K V; Yeh, Heidi; Markmann, James F; Nguyen, Louis L

    2014-09-01

    To evaluate the impact of market competition on patient mortality and graft failure after kidney transplantation. Kidneys are initially allocated within 58 donation service areas (DSAs), which have varying numbers of transplant centers. Market competition is generally considered beneficial. The Scientific Registry of Transplant Recipients database was queried and the Herfindahl-Hirschman index (HHI), a measure of market competition, was calculated for each DSA from 2003 to 2012. Receipt of low-quality kidneys (Kidney Donor Profile Index ≥ 85) was modeled with multivariable logistic regression, and Cox proportional hazards models were created for graft failure and patient mortality. A total of 127,355 adult renal transplants were performed. DSAs were categorized as 7 no (HHI = 1), 17 low (HHI = 0.52-0.97), 17 medium (HHI = 0.33-0.51), or 17 high (HHI = 0.09-0.32) competition. For deceased donor kidney transplantation, increasing market competition was significantly associated with mortality [hazard ratio (HR): 1.11, P = 0.01], graft failure (HR: 1.18, P = 0.0001), and greater use of low-quality kidneys (odds ratio = 1.39, P < 0.0001). This was not true for living donor kidney transplantation (mortality HR: 0.94, P = 0.48; graft failure HR: 0.99, P = 0.89). Competition was associated with longer waitlists (P = 0.04) but not with the number of transplants per capita in a DSA (P = 0.21). Increasing market competition is associated with increased patient mortality and graft failure and the use of riskier kidneys. These results may represent more aggressive transplantation and tolerance of greater risk for patients who otherwise have poor alternatives. Market competition should be better studied to ensure optimal outcomes.

  9. Micro-economic analysis of the physical constrained markets: game theory application to competitive electricity markets

    NASA Astrophysics Data System (ADS)

    Bompard, E.; Ma, Y. C.; Ragazzi, E.

    2006-03-01

    Competition has been introduced in the electricity markets with the goal of reducing prices and improving efficiency. The basic idea which stays behind this choice is that, in competitive markets, a greater quantity of the good is exchanged at a lower price, leading to higher market efficiency. Electricity markets are pretty different from other commodities mainly due to the physical constraints related to the network structure that may impact the market performance. The network structure of the system on which the economic transactions need to be undertaken poses strict physical and operational constraints. Strategic interactions among producers that game the market with the objective of maximizing their producer surplus must be taken into account when modeling competitive electricity markets. The physical constraints, specific of the electricity markets, provide additional opportunity of gaming to the market players. Game theory provides a tool to model such a context. This paper discussed the application of game theory to physical constrained electricity markets with the goal of providing tools for assessing the market performance and pinpointing the critical network constraints that may impact the market efficiency. The basic models of game theory specifically designed to represent the electricity markets will be presented. IEEE30 bus test system of the constrained electricity market will be discussed to show the network impacts on the market performances in presence of strategic bidding behavior of the producers.

  10. The transition to fully competitive bulk power markets: Federal regulatory developments in the electric power industry

    SciTech Connect

    Portasik, L.S.

    1994-12-31

    In recent years, traditional electric utilities have become increasingly dependent upon enhanced competitive conditions in the bulk power market to improve efficiency and secure {open_quotes}least-cost{close_quotes} generation for their franchise and wholesale customers. The industry`s growing reliance on competitive wholesale markets both presaged and overtook the new legislation reflected in the Energy Policy Act of 1992 (EPAct). This article describes the new environment, as revealed in recent Federal Energy Regulatory Commission (FERC) decisions, and discusses its impact on the services and rates of affected utilities.

  11. Competitive Advantage and its Sources in an Evolving Market

    NASA Astrophysics Data System (ADS)

    Zaridis, Apostolos D.

    2009-08-01

    In a continuously altered and evolving Market, as is the food manufacturing market, the main and long-lasting objective of firm that is the maximization of its wealth and consequently the continuous remaining in profit regions, appears that it is possible to be achieved via the obtainment and maintenance of diachronically long-term competitive advantage, which it will render the firm unique or leader force in a inexorable competition that is continuously extended in a globalized market. Various definitions and different regards are developed in regard to the competitive advantage and the way with which a firm it is possible, acquiring it, to star in the market in which it is activated. As result of sustainable competitive advantage in a firm comes the above the average performance. Abundance of resources and competences that are proposed as sources of competitive advantage in the resource-based view literature exists, while they are added continuously new based on empiric studies. In any case, it appears to suffer hierarchy of sources of competitive advantage, with regard to sustainability of these.

  12. Green marketing in the Massachusetts electric company retail competition pilot program

    SciTech Connect

    Rothstein, S.M.; Fang, J.M.

    1997-10-01

    With electric industry restructuring initiatives being introduced on the state and federal levels, retail access pilot programs serve an important function for examining competitive market issues, as well as marketing strategies and customer reactions to different power supply options. The experience gained through these pilots provides important insights into future power market operations, including the market for green power. The Massachusetts Electric Company`s (MECo`s) Choice: New England pilot for residential and small-business customers was a voluntary program developed primarily to test the billing and metering logistics that distribution companies will need in the competitive market. The pilot also offered a preview of program implementation and marketing under customer choice. It was the first retail competition pilot to explicitly include green power options in program design. The MECo pilot`s energy suppliers were selected through the issuance of a request for proposals (RFP). Respondents were asked to submit bids in one or more of three energy supply categories-price, green, and other options. These options were developed by the pilot administrator through internal meetings, discussions with state officials and other stakeholders, and a review of information from other similar pilots. For the green option, the pilot administrator did not establish a green standard. Instead, suppliers were allowed to submit offers that promoted environmental stewardship. Customer response to the different green options are reported. The pilot results clearly demonstrate that, in a competitive situation, there is interest in a variety of energy supply options, including green options. 2 tabs.

  13. Marketing Needed to Make Universities Globally Competitive

    ERIC Educational Resources Information Center

    Naik, B. M.

    2016-01-01

    The article aims at improving the quality of higher and technical education in India to world class standard. Institutions in knowledge economy are reckoned to be the drivers of development. Indian institutions are making efforts, investing money, appointing professors, students are studying hard but due to the lack of marketing strategy, their…

  14. Foreign Energy Company Competitiveness: Background information

    SciTech Connect

    Weimar, M.R.; Freund, K.A.; Roop, J.M.

    1994-10-01

    This report provides background information to the report Energy Company Competitiveness: Little to Do With Subsidies (DOE 1994). The main body of this publication consists of data uncovered during the course of research on this DOE report. This data pertains to major government energy policies in each country studied. This report also provides a summary of the DOE report. In October 1993, the Office of Energy Intelligence, US Department of Energy (formerly the Office of Foreign Intelligence), requested that Pacific Northwest Laboratory prepare a report addressing policies and actions used by foreign governments to enhance the competitiveness of their energy firms. Pacific Northwest Laboratory prepared the report Energy Company Competitiveness Little to Do With Subsidies (DOE 1994), which provided the analysis requested by DOE. An appendix was also prepared, which provided extensive background documentation to the analysis. Because of the length of the appendix, Pacific Northwest Laboratory decided to publish this information separately, as contained in this report.

  15. 17 CFR 240.11a1-5 - Transactions by registered competitive market makers and registered equity market makers.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... registered equity market makers. Any transaction by a New York Stock Exchange registered competitive market maker or an American Stock Exchange registered equity market maker effected in compliance with their... competitive market makers and registered equity market makers. 240.11a1-5 Section 240.11a1-5 Commodity and...

  16. 17 CFR 240.11a1-5 - Transactions by registered competitive market makers and registered equity market makers.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... registered equity market makers. Any transaction by a New York Stock Exchange registered competitive market maker or an American Stock Exchange registered equity market maker effected in compliance with their... competitive market makers and registered equity market makers. 240.11a1-5 Section 240.11a1-5 Commodity and...

  17. 17 CFR 240.11a1-5 - Transactions by registered competitive market makers and registered equity market makers.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... registered equity market makers. Any transaction by a New York Stock Exchange registered competitive market maker or an American Stock Exchange registered equity market maker effected in compliance with their... competitive market makers and registered equity market makers. 240.11a1-5 Section 240.11a1-5 Commodity and...

  18. Competitive marketing strategies. A challenge for academic practices.

    PubMed

    Sinioris, M E

    1985-01-01

    A special challenge has been presented to academic medical practices by the new healthcare environment. While increased competition for patients and resources affects all medical groups, it is the academic practices who are responsible for training the physicians of tomorrow. Not only must they sharpen their students' awareness of the new environment and teach them to incorporate effective management strategies into their practices, but they must set an example in effective management as well. The basic concepts of competitive marketing strategy, along with helpful exhibits, are presented here, and strategies for effectively maximizing position are discussed from the viewpoints of product mix, process market, and financing.

  19. Competitive Electricity Market Regulation in the United States: A Primer

    SciTech Connect

    Flores-Espino, Francisco; Tian, Tian; Chernyakhovskiy, Ilya; Chernyakhovskiy, Ilya; Miller, Mackay

    2016-12-01

    The electricity system in the United States is a complex mechanism where different technologies, jurisdictions and regulatory designs interact. Today, two major models for electricity commercialization operate in the United States. One is the regulated monopoly model, in which vertically integrated electricity providers are regulated by state commissions. The other is the competitive model, in which power producers can openly access transmission infrastructure and participate in wholesale electricity markets. This paper describes the origins, evolution, and current status of the regulations that enable competitive markets in the United States.

  20. Testing neoclassical competitive market theory in the field.

    PubMed

    List, John A

    2002-11-26

    This study presents results from a pilot field experiment that tests predictions of competitive market theory. A major advantage of this particular field experimental design is that my laboratory is the marketplace: subjects are engaged in buying, selling, and trading activities whether I run an exchange experiment or am a passive observer. In this sense, I am gathering data in a natural environment while still maintaining the necessary control to execute a clean comparison between treatments. The main results of the study fall into two categories. First, the competitive model predicts reasonably well in some market treatments: the expected price and quantity levels are approximated in many market rounds. Second, the data suggest that market composition is important: buyer and seller experience levels impact not only the distribution of rents but also the overall level of rents captured. An unexpected result in this regard is that average market efficiency is lowest in markets that match experienced buyers and experienced sellers and highest when experienced buyers engage in bargaining with inexperienced sellers. Together, these results suggest that both market experience and market composition play an important role in the equilibrium discovery process.

  1. Developing competitive and sustainable Polish generic medicines market.

    PubMed

    Simoens, Steven

    2009-10-01

    To descriptively analyze the policy environment surrounding the Polish generic medicines retail market. The policy analysis was based on an international literature review. Also, a simulation exercise was carried out to compute potential savings from substituting generic for originator medicines in Poland using IMS Health pharmaceutical intelligence data. Poland has a mature, high-volume, low-value generic medicines market, primarily driven by the establishment of the reference price at the price of the cheapest medicine in combination with pricing regulation and the low level of medicine prices. The practice of discounting in the distribution chain implies that the National Health Fund and patients do not capture the potential savings from a generic medicines market where companies compete on price. This high-volume market has benefited in the past from the limited availability of originator medicines and a short data exclusivity period, even though there are no incentives for physicians to prescribe generic medicines and a financial disincentive for pharmacists to dispense generic medicines. Increased generic substitution would be expected to reduce public expenditure on originator medicines by 21%. To develop a competitive and sustainable market, Poland needs to consider moving away from competition by discount to competition by price. This could be achieved by replacing maximum distribution margins by fixed margins. Also, Poland may wish to raise reference prices as a temporary measure to boost market entry for medicine classes with few generic medicines.

  2. Generator Bidding Strategies in a Competitive Electricity Market with Derating and Bid-Segment Considerations

    SciTech Connect

    Lu, Ning; Chow, Joe H.; Desrochers, Alan A.

    2009-07-31

    This paper develops optimal generator bidding strategies in a competitive electricity market. Starting from a generator’s cost curve, basic bidding concepts such as the break-even bid curve and the maximum profit bid curve can be readily derived. The maximum profit bid curve can be extended to account for generator availability and derating. In addition, multiple-segment block energy bids can be optimized based on the maximum profit curve and the probabilistic distribution of market clearing prices.

  3. Competition in the German pharmacy market: an empirical analysis

    PubMed Central

    2013-01-01

    Background Pharmaceutical products are an important component of expenditure on public health insurance in the Federal Republic of Germany. For years, German policy makers have regulated public pharmacies in order to limit the increase in costs. One reform has followed another, main objective being to increase competition in the pharmacy market. It is generally assumed that an increase in competition would reduce healthcare costs. However, there is a lack of empirical proof of a stronger orientation of German public pharmacies towards competition thus far. Methods This paper analyses the self-perceptions of owners of German public pharmacies and their orientation towards competition in the pharmacy markets. It is based on a cross-sectional survey (N = 289) and distinguishes between successful and less successful pharmacies, the location of the pharmacies (e.g. West German States and East German States) and the gender of the pharmacy owner. The data are analysed descriptively by survey items and employing bivariate and structural equation modelling. Results The analysis reveals that the majority of owners of public pharmacies in Germany do not currently perceive very strong competitive pressure in the market. However, the innovativeness of the pharmacist is confirmed as most relevant for net revenue development and the profit margin. Some differences occur between regions, e.g. public pharmacies in West Germany have a significantly higher profit margin. Conclusions This study provides evidence that the German healthcare reforms aimed at increasing the competition between public pharmacies in Germany have not been completely successful. Many owners of public pharmacies disregard instruments of active customer-orientated management (such as customer loyalty or an offensive position and economies of scale), which could give them a competitive advantage. However, it is clear that those pharmacists who strive for systematic and innovative management and adopt an

  4. Competition in the German pharmacy market: an empirical analysis.

    PubMed

    Heinsohn, Jörg G; Flessa, Steffen

    2013-10-10

    Pharmaceutical products are an important component of expenditure on public health insurance in the Federal Republic of Germany. For years, German policy makers have regulated public pharmacies in order to limit the increase in costs. One reform has followed another, main objective being to increase competition in the pharmacy market. It is generally assumed that an increase in competition would reduce healthcare costs. However, there is a lack of empirical proof of a stronger orientation of German public pharmacies towards competition thus far. This paper analyses the self-perceptions of owners of German public pharmacies and their orientation towards competition in the pharmacy markets. It is based on a cross-sectional survey (N = 289) and distinguishes between successful and less successful pharmacies, the location of the pharmacies (e.g. West German States and East German States) and the gender of the pharmacy owner. The data are analysed descriptively by survey items and employing bivariate and structural equation modelling. The analysis reveals that the majority of owners of public pharmacies in Germany do not currently perceive very strong competitive pressure in the market. However, the innovativeness of the pharmacist is confirmed as most relevant for net revenue development and the profit margin. Some differences occur between regions, e.g. public pharmacies in West Germany have a significantly higher profit margin. This study provides evidence that the German healthcare reforms aimed at increasing the competition between public pharmacies in Germany have not been completely successful. Many owners of public pharmacies disregard instruments of active customer-orientated management (such as customer loyalty or an offensive position and economies of scale), which could give them a competitive advantage. However, it is clear that those pharmacists who strive for systematic and innovative management and adopt an offensive and competitive stance are quite

  5. Energy efficiency services: What role in a competitive environment?

    SciTech Connect

    Newcomb, J.

    1994-11-01

    If experience from other industries counts, energy services will remain the strategically critical center of the chessboard in a reconfigured electric utility market. Players who can create customized, integrated packages of customer services will be in a strong position to {open_quotes}create value{close_quotes} in a highly fragmented and competitive industry. The initial phase of disintegration is likely to be followed by period of reintegration, in which non-price services become increasing important. An overview is given on how utilities can deliver value to customers through innovative marketing strategies, leveraging existing knowledge, and the maintaining or building of infrastructure.

  6. Testing Neoclassical Competitive Theory in Multilateral Decentralized Markets

    ERIC Educational Resources Information Center

    List, John A.

    2004-01-01

    Walrasian tatonnement has been a fundamental assumption in economics ever since Walras' general equilibrium theory was introduced in 1874. Nearly a century after its introduction, Vernon Smith relaxed the Walrasian tatonnement assumption by showing that neoclassical competitive market theory explains the equilibrating forces in "double-auction"…

  7. Testing Neoclassical Competitive Theory in Multilateral Decentralized Markets

    ERIC Educational Resources Information Center

    List, John A.

    2004-01-01

    Walrasian tatonnement has been a fundamental assumption in economics ever since Walras' general equilibrium theory was introduced in 1874. Nearly a century after its introduction, Vernon Smith relaxed the Walrasian tatonnement assumption by showing that neoclassical competitive market theory explains the equilibrating forces in "double-auction"…

  8. Education and Signaling: Evidence from a Highly Competitive Labor Market

    ERIC Educational Resources Information Center

    Heywood, John S.; Wei, Xiangdong

    2004-01-01

    This paper directly tests for differences in returns to education between the employed and self-employed in Hong Kong. Using a step-function, we find significantly smaller returns for the self-employed, suggesting that in the highly competitive labor market of Hong Kong education plays a signaling role. This pattern persists for both genders, when…

  9. Price regulation and generic competition in the pharmaceutical market.

    PubMed

    Dalen, Dag Morten; Strøm, Steinar; Haabeth, Tonje

    2006-09-01

    In March 2003 the Norwegian government implemented yardstick-based price regulation schemes on a selection of drugs subjected to generic competition. The retail price cap, termed the "index price," on a drug (chemical substance) was set equal to the average of the three lowest producer prices on that drug, plus a fixed wholesale and retail margin. This is supposed to lower barriers of entry for generic drugs and to trigger price competition. Using monthly data over the period 1998-2004 for the six drugs (chemical entities) included in the index price system, we estimate a structural model enabling us to examine the impact of the reform on both demand and market power. Our results suggest that the index price helped to increase the market shares of generic drugs and succeeded in triggering price competition.

  10. Understanding Dynamic Competitive Technology Diffusion in Electronic Markets

    NASA Astrophysics Data System (ADS)

    Zhang, Cheng; Song, Peijian; Xu, Yunjie; Xue, Ling

    The extant literature on information technology (IT) diffusion has largely treated technology diffusion as a generic and independent process. This study, in contrast, examines the diffusion of different IT products with brand differentiation and competition. Drawing upon existing theories of product diffusion, we propose a research model to capture the dynamics of the competitive diffusion of web-based IT products and validate it with longitudinal field data of e-business platforms. Our findings suggest that IT product diffusion can be better predicted by a competitive model than by an independent-diffusion-process model. This research extends IT research to the context of competitive diffusion and provides practitioners an effective model to predict the dissemination of their products. The research also suggests the existence of asymmetric interactions among competing products, prompting scholars and practitioners to pay attention to the influence of competing products when making forecast of their product market.

  11. Factors affecting robust retail energy markets

    SciTech Connect

    Michelman, T.S.

    1999-04-01

    This paper briefly defines an active retail market, details the factors that influence market activity and their relative importance, compares activity in various retail energy markets to date, and predicts future retail energy market activity. Three primary factors translate into high market activity: supplier margins, translated into potential savings for actively shopping customers; market size; and market barriers. The author surveys activity nationwide and predicts hot spots for the coming year.

  12. Sustainable markets for sustainable energy

    SciTech Connect

    Millan, J.; Smyser, C.

    1997-12-01

    The author discusses how the Inter-American Development Bank (IDB) is involved in sustainable energy development. It presently has 50 loans and grants for non conventional renewable energy projects and ten grants for efficiency programs for $600 and $17 million respectively, representing 100 MW of power. The IDB is concerned with how to create a sustainable market for sustainable energy projects. The IDB is trying to work with government, private sector, NGOs, trading allies, credit sources, and regulators to find proper roles for such projects. He discusses how the IDB is working to expand its vision and objectives in renewable energy projects in Central and South America.

  13. Compete or Die! How To Increase Enrollment in a Competitive Market: Part I.

    ERIC Educational Resources Information Center

    Wassom, Julie

    1998-01-01

    Presents strategies for increasing the enrollment in child care programs in a competitive market. Discusses ways to investigate the market, including examining the competition, parents' expectations, and the industry; and ways to differentiate a center from its competitors. (KB)

  14. Regions in Energy Market Models

    SciTech Connect

    2009-01-18

    This report explores the different options for spatial resolution of an energy market model and the advantages and disadvantages of models with fine spatial resolution. It examines different options for capturing spatial variations, considers the tradeoffs between them, and presents a few examples from one particular model that has been run at different levels of spatial resolution.

  15. Regions in Energy Market Models

    SciTech Connect

    Short, W.

    2007-02-01

    This report explores the different options for spatial resolution of an energy market model--and the advantages and disadvantages of models with fine spatial resolution. It examines different options for capturing spatial variations, considers the tradeoffs between them, and presents a few examples from one particular model that has been run at different levels of spatial resolution.

  16. Energy's role in competitiveness: Context and strategy

    SciTech Connect

    Roop, J.M.

    1990-02-01

    This study of competitiveness has three objectives. The first objective is to explain how macroeconomic and microeconomic factors can affect structural change in the US economy and how energy is linked to these factors. The second objective is to provide an explanation of how many individual decision makers, in responding to higher energy prices, have changed the structure of the economy. This structural change, and the effect it has had on energy use, is estimated for the US economy. A major component of these changes results from changes in US trade with other countries, which gives rise to the third objective. The third objective is to develop a research design that will allow a better understanding of the role that energy plays in the competitiveness of goods in world trade. 30 refs., 11 figs., 5 tabs.

  17. Proceedings: Eleventh forecasting symposium. Forecasting in a competitive electricity market

    SciTech Connect

    Vogt, T.; Ignelzi, P.

    1998-10-01

    EPRI`s Eleventh Forecasting Symposium: ``Forecasting in a Competitive Electricity Market`` was held in Arlington, Virginia, in November 1997. This proceedings documents the symposium`s wide variety of topics, ranging from very-short-term operations issues to mid-term market planning issues. Speakers described the forecasting practices of other industries, predicted forecasting directions in the electric power industry; related their experiences with new forecasting approaches; and suggested further enhancements to forecasting methods, tools, and data. The objectives of the symposium were to explore the expanding roles of forecasting in a competitive market, to exchange information about forecasting techniques under development, and to discuss the forecasting techniques currently used by the electric power industry in and outside the US and in other industries. The 30 papers are arranged under the following topical sections: restructuring and regulatory issues--implications for forecasting; forecasting experiences in other industries; operations-related forecasting; data warehousing and database marketing; forecasting and risk management; understanding and predicting market prices; forecasting methods for the new environment; predicting customer response; and symposium wrap-up.

  18. Parabolic trough solar power for competitive U.S. markets

    SciTech Connect

    Price, H.W.; Kistner, R.

    1999-07-01

    Nine parabolic trough power plants located in the California Mojave Desert represent the only commercial development of large-scale solar power plants to date. Although all nine plants continue to operate today, no new solar power plants have been completed since 190. Over the last several years, the parabolic trough industry has focused much of its efforts on international market opportunities. Although the power market in developing countries appears to offer a number of opportunities for parabolic trough technologies due to high growth and the availability of special financial incentives for renewables, these markets are also plagued with many difficulties for developers. In recent years, there has been some renewed interest in the U.S. domestic power market as a results of an emerging green market and green pricing incentives. Unfortunately, many of these market opportunities and incentives focus on smaller, more modular technologies (such as photovoltaics or wind power), and as a result they tend to exclude or are of minimum long-term benefit to large-scale concentrating solar power technologies. This paper looks at what is necessary for large-scale parabolic trough solar power plants to compete with state-of-the-art fossil power technology in a competitive US power market.

  19. Parabolic Trough Solar Power for Competitive U.S. Markets

    SciTech Connect

    Henry W. Price

    1998-11-01

    Nine parabolic trough power plants located in the California Mojave Desert represent the only commercial development of large-scale solar power plants to date. Although all nine plants continue to operate today, no new solar power plants have been completed since 1990. Over the last several years, the parabolic trough industry has focused much of its efforts on international market opportunities. Although the power market in developing countries appears to offer a number of opportunities for parabolic trough technologies due to high growth and the availability of special financial incentives for renewables, these markets are also plagued with many difficulties for developers. In recent years, there has been some renewed interest in the U.S. domestic power market as a result of an emerging green market and green pricing incentives. Unfortunately, many of these market opportunities and incentives focus on smaller, more modular technologies (such as photovoltaics or wind power), and as a result they tend to exclude or are of minimum long-term benefit to large-scale concentrating solar power technologies. This paper looks at what is necessary for large-scale parabolic trough solar power plants to compete with state-of-the-art fossil power technology in a competitive U.S. power market.

  20. Competition and quality in a physiotherapy market with fixed prices.

    PubMed

    Pekola, Piia; Linnosmaa, Ismo; Mikkola, Hennamari

    2017-01-01

    Our study focuses on competition and quality in physiotherapy organized and regulated by the Social Insurance Institution of Finland (Kela). We first derive a hypothesis with a theoretical model and then perform empirical analyses of the data. Within the physiotherapy market, prices are regulated by Kela, and after registration eligible firms are accepted to join a pool of firms from which patients choose service providers based on their individual preferences. By using 2SLS estimation techniques, we analyzed the relationship among quality, competition and regulated price. According to the results, competition has a statistically significant (yet weak) negative effect (p = 0.019) on quality. The outcome for quality is likely caused by imperfect information. It seems that Kela has provided too little information for patients about the quality of the service.

  1. Market competition in health care markets in the Netherlands: some lessons for England?

    PubMed

    den Exter, André P; Guy, Mary J

    2014-01-01

    This article seeks to establish what lessons might be available to the English health care sector following enactment of the Health and Social Care Act 2012 from the Dutch experience of introducing market competition into health care via a mandatory health insurance scheme implemented by for-profit insurance companies. The existence of the Beveridge NHS model in England, and a Bismarckian insurance system in The Netherlands perhaps suggest that a comparison of the two countries is at best limited, and reinforced by the different Enthoven-inspired competitive models each has adopted. However, we contend that there are positive and negative issues arising from introducing competition into health care-, e.g. concerns about equity and benefits of efficiencies-which go beyond national boundaries and different systems and reflect the global paradigm shift towards the use of market forces in previously non-market areas such as health. The article examines the situation in England following the HSCA 2012 and The Netherlands following the 2006 reforms before analysing two areas of common ground: the focus in both countries on competition on quality (as opposed to price) and integrated care, which is assuming ever greater significance. We suggest that our combined insights (as a health lawyer and competition lawyer respectively) coupled with a comparative approach create a novel contribution to current calls for a wider public debate about the real role of markets in health care over and above simple characterisation as a force for good or bad.

  2. Wind power generation and dispatch in competitive power markets

    NASA Astrophysics Data System (ADS)

    Abreu, Lisias

    Wind energy is currently the fastest growing type of renewable energy. The main motivation is led by more strict emission constraints and higher fuel prices. In addition, recent developments in wind turbine technology and financial incentives have made wind energy technically and economically viable almost anywhere. In restructured power systems, reliable and economical operation of power systems are the two main objectives for the ISO. The ability to control the output of wind turbines is limited and the capacity of a wind farm changes according to wind speeds. Since this type of generation has no production costs, all production is taken by the system. Although, insufficient operational planning of power systems considering wind generation could result in higher system operation costs and off-peak transmission congestions. In addition, a GENCO can participate in short-term power markets in restructured power systems. The goal of a GENCO is to sell energy in such a way that would maximize its profitability. However, due to market price fluctuations and wind forecasting errors, it is essential for the wind GENCO to keep its financial risk at an acceptable level when constituting market bidding strategies. This dissertation discusses assumptions, functions, and methodologies that optimize short-term operations of power systems considering wind energy, and that optimize bidding strategies for wind producers in short-term markets. This dissertation also discusses uncertainties associated with electricity market environment and wind power forecasting that can expose market participants to a significant risk level when managing the tradeoff between profitability and risk.

  3. Prospect of advanced generation technologies in a competitive market place

    SciTech Connect

    Guha, M.; Singh, A.

    1999-07-01

    The US Electric utility industry is undergoing tremendous changes for meeting the challenge of deregulation and customer demands for a free competitive market. Two major forces are driving this market: the deregulation of the industry and customer demands for achieving the lowest cost for electricity, forcing utility companies to position themselves as the low-cost producers. This paper will briefly discuss the status of various advanced generation technologies with respect to their costs, applicability and limitations, where these technologies are expected to be cost-effective and how they compare with the combined cycle plants. Advanced generation technologies may benefit as the environment regulations are tightened. This paper will examine how, when and where the advanced generation technologies would play a role in penetrating the market on their own merits.

  4. Competition in decentralized electricity markets: Three papers on electricity auctions

    NASA Astrophysics Data System (ADS)

    Harbord, David William Cameron

    This thesis consists of three self-contained papers on the analysis of electricity auctions written over a period of twelve years. The first paper models price competition in a decentralized wholesale market for electricity as a first-price, sealed-bid, multi-unit auction. In both the pure and mixed-strategy equilibria of the model, above marginal cost pricing and inefficient despatch of generating units occur. An alternative regulatory pricing rule is considered and it is shown that offering to supply at marginal cost can be induced as a dominant strategy for all firms. The second paper analyses strategic interaction between long-term contracts and price competition in the British electricity wholesale market, and confirms that forward contracts will tend to put downward pressure on spot market prices. A 'strategic commitment' motive for selling forward contracts is also identified: a generator may commit itself to bidding lower prices into the spot market in order to ensure that it will be despatched with its full capacity. The third paper characterizes bidding behavior and market outcomes in uniform and discriminatory electricity auctions. Uniform auctions result in higher average prices than discriminatory auctions, but the ranking in terms of productive efficiency is ambiguous. The comparative effects of other market design features, such as the number of steps in suppliers' bid functions, the duration of bids and the elasticity of demand are analyzed. The paper also clarifies some methodological issues in the analysis of electricity auctions. In particular we show that analogies with continuous share auctions are misplaced so long as firms are restricted to a finite number of bids.

  5. Competition.

    PubMed

    Chambers, D W

    1997-01-01

    Our ambivalence toward competition can be traced to an unspoken preference for certain types of competition which give us an advantage over the types we value less. Four types are defined (a) pure (same rules, same objectives), (b) collaborative (same rules, shared objective), (c) market share (different rules, same objectives), and (d) market growth (different rules, value added orientation). The defining characteristics of the four types of competition are respectively: needing a referee, arguing over the spoils, differentiation and substitutability, and customer focus. Dentistry has features of all four types of competition, thus making it difficult to have a meaningful discussion or frame a coherent policy on this topic.

  6. Energy Policy Case Study - Texas: Wind, Markets, and Grid Modernization

    SciTech Connect

    Orrell, Alice C.; Homer, Juliet S.; Bender, Sadie R.; Weimar, Mark R.

    2016-09-19

    This document presents a case study of energy policies in Texas related to power system transformation, renewable energy and distributed energy resources (DERs). Texas has experienced a dramatic increase in installed wind capacity, from 116 MW in 2000 to over 15,000 MW in 2015. This achievement was enabled by the designation of Competitive Renewable Energy Zones (CREZs) and new transmission lines that transmit wind to load centers. This report highlights nascent efforts to include DERs in the ERCOT market. As costs decline and adoption rates increase, ERCOT expects distributed generation to have an increasing effect on grid operations, while bringing potentially valuable new resources to the wholesale markets.

  7. Managed competition in California's small-group insurance market.

    PubMed

    Buchmueller, T C

    1997-01-01

    This paper describes the early experience of the Health Insurance Plan of California (the HIPC), a small-employer purchasing cooperative established in 1993. The plan's experience is consistent with the predictions of advocates of market-oriented health care reform: The program's design has encouraged cost-conscious choice by enrollees, which in turn has generated price competition among plans. Differences across the HIPC's six rating regions conform with the notion that health care competition is less viable is sparsely populated areas. Evidence on risk selection suggests that while the HIPC as a whole has not experienced adverse selection, certain plans within the program have received a disproportionate share of high-cost enrollees.

  8. Market Competition and the Health Composition of Manufactured Food.

    PubMed

    Hamilton, Stephen F; Réquillart, Vincent

    2016-12-04

    There has been surprisingly little research to date on the supply-side role of food manufacturers on equilibrium health outcomes for consumers. In this letter we consider an oligopoly model in which food processors choose the health composition of manufactured food. We show that price competition between food processors leads to unhealthy food composition in the market equilibrium, even under circumstances in which consumers know food composition is unhealthy. Taxes on manufactured food decrease the healthiness of manufactured foods whenever improved consumer health increases the price elasticity of food demand. Copyright © 2016 John Wiley & Sons, Ltd.

  9. Spatial competition for quality in the market for hospital care.

    PubMed

    Montefiori, Marcello

    2005-06-01

    This study analyses the market for secondary health care services when patient choice depends on the quality/distance mix that achieves utility maximization. First, the hospital's equilibrium in a Hotelling spatial competition model under simultaneous quality choices is analyzed to define hospitals' strategic behavior. A first equilibrium outcome is provided, the understanding of which is extremely useful for the policy maker wishing to improve social welfare. Second, patients are assumed to be unable, because of asymmetry of information, to observe the true quality provided. Their decisions reflect the perceived quality, which is affected by bias. Using the mean-variance method, the equilibrium previously found is investigated in a stochastic framework.

  10. Fossil plant decommissioning: Tracking deferred costs in a competitive market

    SciTech Connect

    Ferguson, J.S.

    1995-06-15

    Widespread concern over nuclear plant decommissioning has triggered similar interest in the decommissioning of fossil-fired steam generating stations. This rising interest stems in part from the emergence of a competitive market in electric generation, which, among other things, threatens impairment of assets. Fossil decommissioning issues are not nearly as contentious as those that attend nuclear plants. Nevertheless, the magnitude of cost estimates for fossil decommissioning, when expressed as a percentage of station investment, is high enough to demand attention from accountants and regulators.

  11. Estimating population ecology models for the WWW market: evidence of competitive oligopolies.

    PubMed

    de Cabo, Ruth Mateos; Gimeno, Ricardo

    2013-01-01

    This paper proposes adapting a particle filtering algorithm to model online Spanish real estate and job search market segments based on the Lotka-Volterra competition equations. For this purpose the authors use data on Internet information searches from Google Trends to proxy for market share. Market share evolution estimations are coherent with those observed in Google Trends. The results show evidence of low website incompatibility in the markets analyzed. Competitive oligopolies are most common in such low-competition markets, instead of the monopolies predicted by theoretical ecology models under strong competition conditions.

  12. Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)

    SciTech Connect

    Heeter, Jenny; Bird, Lori

    2011-10-01

    The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase renewable energy to match all or part of their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. There are numerous ways consumers and institutions can purchase renewable energy. Historically, the voluntary market has consisted of three market sectors: (1) utility green pricing programs (in states with regulated electricity markets), (2) competitive suppliers (in states with restructured electricity markets), and (3) unbundled renewable electricity certificate (REC) markets, where RECs are purchased by consumers separately from electricity ("unbundled").

  13. The future of energy efficiency services in a competitive environment

    SciTech Connect

    Newcomb, J.

    1994-12-31

    The competitive restructuring of the electric power industry raises fundamental strategic questions about how energy efficiency services can best be delivered. While some utilities believe that the ``commoditization`` of electric power will extinguish their role in providing efficiency services, others are committed to developing new ways of profitably delivering highly integrated service packages in a more competitive environment. In other industries that have undergone similar transitions, leading companies have prospered by developing new ``reintegration`` strategies to provide enhanced customer value. In the electric power sector, these strategies will bring to the fore finance and marketing skills, giving rise to far-reaching changes in the provision of energy services. Using market-based forward prices for electricity, power merchants may soon be able to ``monetize`` electricity savings and arbitrate against kilowatt-hour prices. Providers of efficiency services will be forced to develop new techniques for ``mass customization`` of service packages, incorporating features such as power quality management, innovative pricing, billing, and financial risk management. Technology integration will be a central task for these companies. As the transmission and distribution grid is permeated with real-time price information, the optimal technical solutions for the customer, including distributed generation, storage, and efficiency options, will become increasingly site-specific and time-dependent.

  14. Higher Education in Competitive Markets: Literature on Organizational Decline and Turnaround

    ERIC Educational Resources Information Center

    Paul, David A.

    2005-01-01

    Higher educational institutions face fundamental challenges as they adapt to increasingly competitive markets. This literature review provides a context on markets, failure, and turnarounds, and discusses the literature on the shift of the higher educational industry into competitive markets. The literature on turnarounds in the corporate…

  15. On the battleground of environmental and competition policy: The renewable electricity market

    NASA Astrophysics Data System (ADS)

    Meszaros, Matyas Tamas

    Renewable energy sources have become increasingly important in the efforts to provide energy security and to fight global warming. In the last decade environmental policy has increased the support for renewable electricity. At the same time the electricity sector was often subject of antitrust investigation because of relevant market concentration, and market power. This dissertation looks at the renewable electricity market to analyze the effect of environmental policy on competition. The first chapter provides a short introduction into the regulatory schemes of electricity markets. The second chapter analyzes the demand side of the electricity market. The estimations show that there was no significant change in the income and price elasticity in the electricity consumption of the US households between 1993 an 2001, although there was several policy initiatives to increase energy efficiency and decrease consumption. The third chapter derives a theoretical model where the feed-in tariff and the tradable green certificate system can be analyzed under oligopolistic market structure. The results of the model suggest that the introduction of the environmentally friendly regulatory schemes can decrease the electricity prices compared to the case when there is no support for renewable energy. The other findings of this model is that the price of electricity rises when the requirement for renewable energy increases. In the fourth chapter a simulation model of the UK electricity market is used to test the effect of mergers and acquisitions under the environmental support scheme. The results emphasize the importance of the capacity limit, because it can constrain the strategic action of the electricity producers. The results of the simulation also suggest that the increasing concentration can increase the production and lower the price of electricity and renewable energy certificates in the British Renewable Obligation system.

  16. The SEAD global efficiency medal competition: accelerating market transformation for efficient televisions

    SciTech Connect

    Ravi, Kavita; Bennich, Peter; Cockburn, John; Doi, Naoko; Garg, Sandeep; Garnaik, S.P.; Holt, Shane; Walker, Mike; Westbrook-Trenholm, Elizabeth; Lising, Anna; Pantano, Steve; Khare, Amit; Park, Won Young

    2013-10-15

    The Global Efficiency Medal competition, a cornerstone activity of the Super-efficient Equipment and Appliance Deployment (SEAD) Initiative, is an awards program that encourages the production and sale of super-efficient products. SEAD is a voluntary multinational government collaboration of the Clean Energy Ministerial (CEM). This winner-takes-all competition recognizes products with the best energy efficiency, guides early adopter purchasers towards the most efficient product choices and demonstrates the levels of energy efficiency achievable by commercially available and emerging technologies. The first Global Efficiency Medals were awarded to the most energy-efficient flat panel televisions; an iconic consumer purchase. SEAD Global Efficiency Medals were awarded to televisions that have proven to be substantially more energy efficient than comparable models available at the time of the competition (applications closed in the end of May 2012). The award-winning TVs consume between 33 to 44 percent less energy per 2 unit of screen area than comparable LED-backlit LCD televisions sold in each regional market and 50 to 60 percent less energy than CCFL-backlit LCD TVs. Prior to the launch of this competition, SEAD conducted an unprecedented international round-robin test (RRT) to qualify TV test laboratories to support verification testing for SEAD awards. The RRT resulted in increased test laboratory capacity and expertise around the world and ensured that the test results from participating regional test laboratories could be compared in a fair and transparent fashion. This paper highlights a range of benefits resulting from this first SEAD awards competition and encourages further investigation of the awards concept as a means to promote energy efficiency in other equipment types.

  17. Impacts of regulated competition on pricing in Chinese pharmaceutical market under urban employee basic medical insurance.

    PubMed

    Zhao, Mingyue; Wu, Jing

    2017-06-01

    Examine the effects of regulated competition on the drug pricing in China. Based on product-level data, a regression method was employed for pricing by using data from Tianjin Urban Employee Basic Medical Insurance (UEBMI) database. The market competition measures distinguished generic competition within the same molecule from therapeutic competition within the same therapeutic class. The increases in pricing are inversely related to the number of generic competitions. The generic sub-group results vary from the originator sub-group. For the generics, generic competition has a significantly reduced effect on the price; however, only therapeutic competition has a significantly reduced effect on the originator price. Regulated competition has a positive role in shaping the pharmaceutical market. Furthermore, regulated competition affects the price differently for the sub-groups. The promotion of competition between generic and originator in order to reap full competition benefit and reduce frictions among policies are necessary.

  18. International Voluntary Renewable Energy Markets (Presentation)

    SciTech Connect

    Heeter, J.

    2012-06-01

    This presentation provides an overview of international voluntary renewable energy markets, with a focus on the United States and Europe. The voluntary renewable energy market is the market in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. In 2010, the U.S. voluntary market was estimated at 35 terawatt-hours (TWh) compared to 300 TWh in the European market, though key differences exist. On a customer basis, Australia has historically had the largest number of customers, pricing for voluntary certificates remains low, at less than $1 megawatt-hour, though prices depend on technology.

  19. Stimulating utilities to promote energy efficiency: Process evaluation of Madison Gas and Electric's Competition Pilot Program

    SciTech Connect

    Vine, E.; De Buen, O.; Goldfman, C.

    1990-12-01

    This report describes the process evaluation of the design and implementation of the Energy Conservation Competition Pilot (hereafter referred to as the Competition), ordered by the Public Service Commission of Wisconsin (PSCW) with a conceptual framework defined by PSCW staff for the Madison Gas and Electric (MGE) Company. This process evaluation documents the history of the Competition, describing the marketing strategies adopted by MGE and its competitors, customer service and satisfaction, administrative issues, the distribution of installed measures, free riders, and the impact of the Competition on MGE, its competitors, and other Wisconsin utilities. We also suggest recommendations for a future Competition, compare the Competition with other approaches that public utility commissions (PUCs) have used to motivate utilities to promote energy efficiency, and discuss its transferability to other utilities. 48 refs., 8 figs., 40 tabs.

  20. Energy Imbalance Markets (Fact Sheet)

    SciTech Connect

    Not Available

    2012-09-01

    The anticipated increase in variable renewable generation, such as wind and solar power, over the next several years has raised concerns about how system operators will maintain balance between electricity production and demand in the Western Interconnection, especially in its smaller balancing authority areas (BAAs). Given renewable portfolio standards in the West, it is possible that more than 50 gigawatts of wind capacity will be installed by 2020. Significant quantities of solar generation are likely to be added as well. Meanwhile, uncertainties about future load growth and challenges siting new transmission and generation resources may add additional stresses on the Western Interconnection of the future. One proposed method of addressing these challenges is an energy imbalance market (EIM). An EIM is a means of supplying and dispatching electricity to balance fluctuations in generation and load. It aggregates the variability of generation and load over multiple balancing areas (BAs).

  1. Economics of periodontal care: market trends, competitive forces and incentives.

    PubMed

    Flemmig, Thomas F; Beikler, Thomas

    2013-06-01

    The adoption of new technologies for the treatment of periodontitis and the replacement of teeth has changed the delivery of periodontal care. The objective of this review was to conduct an economic analysis of a mature periodontal service market with a well-developed workforce, including general dentists, dental hygienists and periodontists. Publicly available information about the delivery of periodontal care in the USA was used. A strong trend toward increased utilization of nonsurgical therapy and decreased utilization of surgical periodontal therapy was observed. Although periodontal surgery remained the domain of periodontists, general dentists had taken over most of the nonsurgical periodontal care. The decline in surgical periodontal therapy was associated with an increased utilization of implant-supported prosthesis. Approximately equal numbers of implants were surgically placed by periodontists, oral and maxillofacial surgeons, and general dentists. Porter's framework of the forces driving industry competition was used to analyze the role of patients, dental insurances, general dentists, competitors, entrants, substitutes and suppliers in the periodontal service market. Estimates of out-of-pocket payments of self-pay and insured patients, reimbursement by dental insurances and providers' earnings for various periodontal procedures and alternative treatments were calculated. Economic incentives for providers may explain some of the observed shifts in the periodontal service market. Given the inherent uncertainty about treatment outcomes in dentistry, which makes clinical judgment critical, providers may yield to economic incentives without jeopardizing their ethical standards and professional norms. Although the economic analysis pertains to the USA, some considerations may also apply to other periodontal service markets.

  2. Energy efficiency, market failures, and government policy

    SciTech Connect

    Levine, M.D.; Koomey, J.G.; McMahon, J.E.; Sanstad, A.H.; Hirst, E.

    1994-03-01

    This paper presents a framework for evaluating engineering-economic evidence on the diffusion of energy efficiency improvements. Four examples are evaluated within this framework. The analysis provides evidence of market failures related to energy efficiency. Specific market failures that may impede the adoption of cost-effective energy efficiency are discussed. Two programs that have had a major impact in overcoming these market failures, utility DSM programs and appliance standards, are described.

  3. Intellectual property rights, market competition and access to affordable antiretrovirals.

    PubMed

    Pascual, Fernando

    2014-01-01

    The number of patients receiving antiretroviral therapy (ART) has increased from around half a million in 2003 to almost 10 million in only 10 years, and will continue to increase in the coming years. Over 16 million more are eligible to start ART according to the last World Health Organization (WHO) guidelines. The demand is also switching from the less expensive antiretrovirals (ARVs) that allowed such scale-up to newer more expensive ones with fewer side effects or those that can be used by people who have developed resistance to first-line treatment. However, patents on these new drugs can delay robust generic competition and, consequently, price reduction made possible by economies of scale. Various ways to address this issue have been envisaged or implemented, including the use of the flexibilities available under the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), systematic widespread voluntary licensing, of which the Medicines Patent Pool (MPP) is an example, and the application of different prices in different countries, called tiered pricing. This paper helps explain the impact of patents on market competition for ARVs and analyses various approaches available today to minimize this impact.

  4. 17 CFR 240.11a1-5 - Transactions by registered competitive market makers and registered equity market makers.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... registered equity market makers. Any transaction by a New York Stock Exchange registered competitive market maker or an American Stock Exchange registered equity market maker effected in compliance with their... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Transactions by registered...

  5. Quality competition and uncertainty in a horizontally differentiated hospital market.

    PubMed

    Montefiori, Marcello

    2014-01-01

    The chapter studies hospital competition in a spatially differentiated market in which patient demand reflects the quality/distance mix that maximizes their utility. Treatment is free at the point of use and patients freely choose the provider which best fits their expectations. Hospitals might have asymmetric objectives and costs, however they are reimbursed using a uniform prospective payment. The chapter provides different equilibrium outcomes, under perfect and asymmetric information. The results show that asymmetric costs, in the case where hospitals are profit maximizers, allow for a social welfare and quality improvement. On the other hand, the presence of a publicly managed hospital which pursues the objective of quality maximization is able to ensure a higher level of quality, patient surplus and welfare. However, the extent of this outcome might be considerably reduced when high levels of public hospital inefficiency are detectable. Finally, the negative consequences caused by the presence of asymmetric information are highlighted in the different scenarios of ownership/objectives and costs. The setting adopted in the model aims at describing the up-coming European market for secondary health care, focusing on hospital behavior and it is intended to help the policy-maker in understanding real world dynamics.

  6. Oligopolistic competition in wholesale electricity markets: Large-scale simulation and policy analysis using complementarity models

    NASA Astrophysics Data System (ADS)

    Helman, E. Udi

    This dissertation conducts research into the large-scale simulation of oligopolistic competition in wholesale electricity markets. The dissertation has two parts. Part I is an examination of the structure and properties of several spatial, or network, equilibrium models of oligopolistic electricity markets formulated as mixed linear complementarity problems (LCP). Part II is a large-scale application of such models to the electricity system that encompasses most of the United States east of the Rocky Mountains, the Eastern Interconnection. Part I consists of Chapters 1 to 6. The models developed in this part continue research into mixed LCP models of oligopolistic electricity markets initiated by Hobbs [67] and subsequently developed by Metzler [87] and Metzler, Hobbs and Pang [88]. Hobbs' central contribution is a network market model with Cournot competition in generation and a price-taking spatial arbitrage firm that eliminates spatial price discrimination by the Cournot firms. In one variant, the solution to this model is shown to be equivalent to the "no arbitrage" condition in a "pool" market, in which a Regional Transmission Operator optimizes spot sales such that the congestion price between two locations is exactly equivalent to the difference in the energy prices at those locations (commonly known as locational marginal pricing). Extensions to this model are presented in Chapters 5 and 6. One of these is a market model with a profit-maximizing arbitrage firm. This model is structured as a mathematical program with equilibrium constraints (MPEC), but due to the linearity of its constraints, can be solved as a mixed LCP. Part II consists of Chapters 7 to 12. The core of these chapters is a large-scale simulation of the U.S. Eastern Interconnection applying one of the Cournot competition with arbitrage models. This is the first oligopolistic equilibrium market model to encompass the full Eastern Interconnection with a realistic network representation (using

  7. Power Contro Energy Management and Market Systems

    SciTech Connect

    Tom Addison; Andrew Stanbury

    2005-12-15

    More efficient use of the nation's electrical energy infrastructure will result in minimizing the cost of energy to the end user. Using real time electrical market information coupled with defined rules, market opportunities can be identified that provide economic benefit for both users and marketers of electricity. This report describes the design of one such system and the features a fully functional system would provide. This report documents several investigated methods of controlling load diversity or shifting.

  8. Market competition and price of disease management programmes: an observational study.

    PubMed

    van Dijk, Christel E; Venema, Bob; de Jong, Judith D; de Bakker, Dinny H

    2014-10-30

    Managed competition was introduced into the health care system in several countries including the Netherlands, although effects of competition of both providers and health insurers on the price of health care are inconclusive. We investigated the association between competition of both providers (care groups) and health insurers and the price of disease management programmes (DMPs). Data from 76 DMP contractual agreements for type II diabetes mellitus in 2008, 2009 and 2010 were used to analyse the association between market competition and the price of DMPs. Market competition was calculated per municipal health services region (GGD). Insurer market competition was measured by the Herfindahl-Hirschman Index (HHI), care group competition by the number of care groups and the care group market share of GPs. The effect of competition was cross-sectionally studied with linear regression analyses. Insurer market concentration (HHI) and care group market share were not associated with the price of DMPs. The number of care groups in a GGD region was associated with a lower price (-€4.68; 95% CI: -8.36 - -1.00). The mean difference in the price of DMPs between health insurers was €58. The price of DMPs seems to be more dependent on the particular health insurer than on market conditions. For competition among health insurers and provider groups to develop, preconditions such as selective contracting and option for patient to change provider should be in place.

  9. "No Change There Then!" (? ): The Onward March of School Markets and Competition

    ERIC Educational Resources Information Center

    Lupton, Ruth

    2011-01-01

    This article reviews Bernard Barker's claims that "the pendulum is swinging", in relation to school markets and competition. Barker's arguments are complex in this regard. He rejects markets and competition as a means of improving outcomes and equity, but supports some of the system features that are often associated with marketisation,…

  10. "No Change There Then!" (? ): The Onward March of School Markets and Competition

    ERIC Educational Resources Information Center

    Lupton, Ruth

    2011-01-01

    This article reviews Bernard Barker's claims that "the pendulum is swinging", in relation to school markets and competition. Barker's arguments are complex in this regard. He rejects markets and competition as a means of improving outcomes and equity, but supports some of the system features that are often associated with marketisation,…

  11. Competition and Market Reform in the Australian VET Sector. Review of Research.

    ERIC Educational Resources Information Center

    Anderson, Damon

    This report examines current knowledge about the nature, development, and consequences of competition and market reform in the Australian vocational education and training (VET) sector. In the process, the policy context and key aspects of the theory and practice of a competitive training market are analyzed. These other topics related to the…

  12. Competition and Market Reform in the Australian VET Sector. Review of Research.

    ERIC Educational Resources Information Center

    Anderson, Damon

    This report examines current knowledge about the nature, development, and consequences of competition and market reform in the Australian vocational education and training (VET) sector. In the process, the policy context and key aspects of the theory and practice of a competitive training market are analyzed. These other topics related to the…

  13. The Changing Hardwood Export Market and Research to Keep the U.S. Competitive

    Treesearch

    Philip A. Araman

    1988-01-01

    Primary hardwood processors face many interrelated market, product, processing, and resource problems generated by the increasing export market. In processing, yields and quality must be increased and costs must be reduced to stay competitive. Computer-aided and computer-controlled automated processing is also needed. The industry needs to keep its products competitive...

  14. Competition and equilibria in electricity markets based on two-settlement system: A conjectural variation approach

    NASA Astrophysics Data System (ADS)

    Watts, David

    This dissertation studies electricity markets based on two-settlement systems and applies the concept of conjectural variation (CV) as a tool for representing different levels of competitiveness in the market. Some recent theoretical works are addressed to support the use of CV as a solution concept. A notion of consistency is introduced to make the level of competitiveness of the market endogenous, and allows finding consistent CV equilibria and the corresponding conditions for existence of equilibria. First, a case is studied in which firms hold exogenous levels of forward commitments. Then, backward induction and sub-game perfection are used to solve sequentially for the spot and forward market equilibrium. This allows analyzing how firms take positions in the forward market, based on considering their later impact on the spot market. It is concluded that positions taken in the forward market depend largely on firms expectations about the competitiveness of both the spot and the forward market. Forward markets are welfare enhancing even if they are not as competitive as the associated spot market as long as they are not too oligopolistie. The above formulation is used to model a dynamic scenario to analyze market stability, linking this research to Dr. Alvarado's earlier research on market stability. This brings about interesting trade offs between market power and market stability.

  15. A Critical Analysis of Concentration and Competition in the Indian Pharmaceutical Market.

    PubMed

    Mehta, Aashna; Hasan Farooqui, Habib; Selvaraj, Sakthivel

    2016-01-01

    It can be argued that with several players marketing a large number of brands, the pharmaceutical market in India is competitive. However, the pharmaceutical market should not be studied as a single market but, as a sum total of a large number of individual sub-markets. This paper examines the methodological issues with respect to defining the relevant market involved in studying concentration in the pharmaceutical market in India. Further, we have examined whether the Indian pharmaceutical market is competitive. Indian pharmaceutical market was studied using PharmaTrac, the sales audit data from AIOCD-AWACS, that organises formulations into 5 levels of therapeutic classification based on the EphMRA system. The Herfindahl-Hirschman Index (HHI) was used as the indicator of market concentration. We calculated HHI for the entire pharmaceutical market studied as a single market as well as at the five different levels of therapeutic classification. Whereas the entire pharmaceutical market taken together as a single market displayed low concentration (HHI = 226.63), it was observed that if each formulation is defined as an individual sub-market, about 69 percent of the total market in terms of market value displayed at least moderate concentration. Market should be defined taking into account the ease of substitutability. Since, patients cannot themselves substitute the formulation prescribed by the doctor with another formulation with the same indication and therapeutic effect, owing to information asymmetry, it is appropriate to study market concentration at the narrower levels of therapeutic classification.

  16. 75 FR 35017 - Brookfield Energy Marketing LP; Supplemental Notice That Initial Market-Based Rate Filing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-06-21

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Brookfield Energy Marketing LP; Supplemental Notice That Initial Market... supplemental notice in the above-referenced proceeding of Brookfield Energy Marketing LP's application...

  17. Optimal Dispatch of Competitive Power Markets by Using PowerWorld Simulator

    NASA Astrophysics Data System (ADS)

    Zhang, Dong; Li, Shuhui

    2013-10-01

    The transition to competitive and retail markets for electric utilities around the world has been a difficult and controversial process. One of the difficulties that hindered the development and growth of competitive power markets is the absence of efficient computational tools to assist the design, analysis, and operation of competitive power markets. PowerWorld simulator is a software package that has strong analytical and visualization functions suitable for extensive power flow study of an electric power system. However, like many other power flow simulators, PowerWorld cannot be used directly for analysis and evaluation of a competitive power market. This article investigates mathematical models associated with a competitive power market and how these models can be converted and transformed in such a way that makes it possible to use PowerWorld for the competitive power market study. To validate the effectiveness of the proposed strategy, models of several small-scale competitive power markets are built in MatLab by using conventional approaches. Results generated by both PowerWorld and MatLab are compared. Finally, the article demonstrates how the PowerWorld simulator is used to investigate a larger and practical competitive power system.

  18. The Competitive Position of Hub Airports in the Transatlantic Market

    NASA Technical Reports Server (NTRS)

    Burghouwt, Guillaume; Veldhuis, Jan

    2006-01-01

    This article puts forward the argument that the measurement of connectivity in hub-and-spoke networks has to take into account the quality and quantity of both direct and indirect connections. The NETSCAN model, which has been applied in this study, quantifies indirect connectivity and scales it into a theoretical direct connection. NETSCAN allows researchers, airports, airlines, alliances and airport regions to analyse their competitive position in an integrated way. Using NETSCAN, the authors analysed the developments on the market between northwest Europe and the United States (US) between May 2003 and May 2005. One of the most striking developments has certainly been the impact of the Air France-KLM merger and the effects of the integration of KLM and Northwest into the SkyTeam alliance on the connectivity of Amsterdam Schiphol. Direct as well as indirect connectivity (via European and North American hubs) from Amsterdam to the US increased substantially. The main reason for this increase is the integration of the former Wings and SkyTeam networks via the respective hub airports. Moreover, the extended SkyTeam alliance raised frequencies between Amsterdam and the SkyTeam hubs (Atlanta, Houston, for example), opened new routes (Cincinnati) and boosted the network between Amsterdam and France. As a result of the new routes and frequencies, Amsterdam took over Heathrow s position as the third best-connected northwest European airport to the US.

  19. The impact of competition on quality and prices in the English care homes market.

    PubMed

    Forder, Julien; Allan, Stephen

    2014-03-01

    This study assesses the impact of competition on quality and price in the English care/nursing homes market. Considering the key institutional features, we use a theoretical model to assess the conditions under which further competition could increase or reduce quality. A dataset comprising the population of 10,000 care homes was used. We constructed distance/travel-time weighted competition measures. Instrumental variable estimations, used to account for the endogeneity of competition, showed quality and price were reduced by greater competition. Further analyses suggested that the negative quality effect worked through the effect on price - higher competition reduces revenue which pushes down quality.

  20. Public health care providers and market competition: the case of Finnish occupational health services.

    PubMed

    Kankaanpää, Eila; Linnosmaa, Ismo; Valtonen, Hannu

    2011-02-01

    As reforms in publicly funded health systems rely heavily on competition, it is important to know if and how public providers react to competition. In many European countries, it is empirically difficult to study public providers in different markets, but in Finnish occupational health services, both public and private for-profit and non-profit providers co-exist. We studied possible differences in public providers' performance (price, intensity of services, service mix-curative medical services/prevention, productivity and revenues) according to the competitiveness of the market. The Finnish Institute of Occupational Health (FIOH) collected data on clients, services and personnel for 1992, 1995, 1997, 2000 and 2004 from occupational health services (OHS) providers. Employers defray the costs of OHS and apply for reimbursement from the Social Insurance Institution (SII). The SII data was merged with FIOH's questionnaire. The unbalanced panel consisted of about 230 public providers, totalling 1,164 observations. Local markets were constructed from several municipalities based on commuting practices and regional collaboration. Competitiveness of the market was measured by the number of providers and by the Herfindahl index. The effect of competition was studied by ordinary least square regression analysis and panel models. The more competitive the environment was for a public provider the higher were intensity, productivity and the share of medical care. Fixed panel models showed that these differences were not due to differences and changes in the competitiveness of the market. Instead, in more competitive markets public providers had higher unit prices and higher revenues.

  1. Advertising, marketing and purchase behavior for energy-related products

    SciTech Connect

    Tiedemann, K.; Nelson, D.

    1998-07-01

    Energy conservation programs have relied heavily on incentives and regulatory standards to reduce residential energy consumption. However, in the changing market environment characterized by competitive pressures, alternative mechanisms such as marketing and promotions may increase substantially in importance compared to the demand-side management programs which have been the focus of most research. This paper describes the role of marketing and promotions in encouraging energy efficiency at the household level in British Columbia. The paper examines three related issues: first, the purchase process for energy-related products; second, the criteria used by customers in making purchase decisions; and third, the impact and effectiveness of alternative marketing tools. A key finding is the energy-related purchases do not fall into the impulse purchase category. There are two reasons for this: first, most of these products require installation and this requires a high level of commitment on the part of the purchaser; second, many energy-related products require a significant outlay of funds and this reduces impulse buying.

  2. Characteristics of the Romanian energy market

    NASA Astrophysics Data System (ADS)

    Stet, M.

    2017-05-01

    This paper highlights the main characteristics of the energy market in Romania. Starting from the mode of organization and operation of the electricity market, there are revealed prices and tariffs for electricity for different categories of customers and their evolution in time. There are pointed also ways of setting electricity prices and tariffs, taking into account the expenditures actually recorded by economic operators.

  3. On the Economic Effects of Competition between Double Auction Markets

    NASA Astrophysics Data System (ADS)

    Cai, Kai; Niu, Jinzhong; Parsons, Simon

    Real market institutions, stock and commodity exchanges for example, do not occur in isolation. The same stocks and commodities may be listed on multiple exchanges, and traders who want to deal in those goods have a choice of markets in which to trade. While there has been extensive research into agent-based trading in individual markets, there is little work on this kind of multiple market scenario. Our work seeks to address this imbalance. In particular, this paper examines how allocative efficiency, the standard measure of a market's ability to extract surplus, is affected by the presence of multiple markets for the same good. We find that while dividing traders between several small markets typically leads to lower efficiency than grouping them into one large market, the movement of traders between markets, and price incentives for changing markets, can reduce this loss of efficiency.

  4. Wood energy markets, 2010-2011

    Treesearch

    Francisco Aguilar; Christopher Gaston; Rens Hartkamp; Warren Mabee; Kenneth Skog

    2011-01-01

    Global wood energy markets continue to grow, driven primarily by demand in the EU and its commitment to meet 20% of energy consumption from renewable sources by 2020. Large investments in industrial pellet-production capacity have been made under expectations of a continuously growing demand, mainly from the EU. Concern about how energy and climate-change policies may...

  5. Customer social network affects marketing strategy: A simulation analysis based on competitive diffusion model

    NASA Astrophysics Data System (ADS)

    Hou, Rui; Wu, Jiawen; Du, Helen S.

    2017-03-01

    To explain the competition phenomenon and results between QQ and MSN (China) in the Chinese instant messaging software market, this paper developed a new population competition model based on customer social network. The simulation results show that the firm whose product with greater network externality effect will gain more market share than its rival when the same marketing strategy is used. The firm with the advantage of time, derived from the initial scale effect will become more competitive than its rival when facing a group of common penguin customers within a social network, verifying the winner-take-all phenomenon in this case.

  6. Regulation and competition in the Taiwanese pharmaceutical market under national health insurance.

    PubMed

    Liu, Ya-Ming; Yang, Yea-Huei Kao; Hsieh, Chee-Ruey

    2012-05-01

    This article investigates the determinants of the prices of pharmaceuticals and their impact on the demand for prescription drugs in the context of Taiwan's pharmaceutical market where medical providers earn profit directly from prescribing and dispensing drugs. Based on product-level data, we find evidence that the profit-seeking behavior of the medical providers in the prescription drug market transfers the force of competition from the unregulated wholesale market to the regulated retail market and hence market competition still plays an important role in the determination of the regulated price. We also find that the profit-seeking behavior plays a similar role to advertising in that it increases the brand loyalty and hence lowers price elasticity. An important implication of our study is that the institutional features in the pharmaceutical market matter in shaping the nature of pharmaceutical competition and the responsiveness of pharmaceutical consumption with respect to changes in price.

  7. A thermal storage capacity market for non dispatchable renewable energies

    NASA Astrophysics Data System (ADS)

    Bennouna, El Ghali; Mouaky, Ammar; Arrad, Mouad; Ghennioui, Abdellatif; Mimet, Abdelaziz

    2017-06-01

    Due to the increasingly high capacity of wind power and solar PV in Germany and some other European countries and the high share of variable renewable energy resources in comparison to fossil and nuclear capacity, a power reserve market structured by auction systems was created to facilitate the exchange of balance power capacities between systems and even grid operators. Morocco has a large potential for both wind and solar energy and is engaged in a program to deploy 2000MW of wind capacity by 2020 and 3000 MW of solar capacity by 2030. Although the competitiveness of wind energy is very strong, it appears clearly that the wind program could be even more ambitious than what it is, especially when compared to the large exploitable potential. On the other hand, heavy investments on concentrated solar power plants equipped with thermal energy storage have triggered a few years ago including the launching of the first part of the Nour Ouarzazate complex, the goal being to reach stable, dispatchable and affordable electricity especially during evening peak hours. This paper aims to demonstrate the potential of shared thermal storage capacity between dispatchable and non dispatchable renewable energies and particularly CSP and wind power. Thus highlighting the importance of a storage capacity market in parallel to the power reserve market and the and how it could enhance the development of both wind and CSP market penetration.

  8. Export competitiveness of dairy products on global markets: the case of the European Union countries.

    PubMed

    Bojnec, Š; Fertő, I

    2014-10-01

    This paper analyzed the export competitiveness of dairy products of the European Union (EU) countries (EU-27) on intra-EU, extra-EU, and global markets, using the revealed comparative advantage index over the 2000-2011 period. The results indicated that about half of the EU-27 countries have had competitive exports in a certain segment of dairy products. The results differed by level of milk processing and for intra-EU and extra-EU markets, and did so over the analyzed years. Belgium, Denmark, France, Ireland, and the Netherlands are old EU-15 countries with competitive dairy exports (from the lowest to the highest according to the level of milk processing). The majority of the new EU-12 countries have faced difficulties in maintaining their level of export competitiveness, at least for some dairy products and market segments. The more competitive EU-12 countries in dairy exports were the Baltic States (Estonia, Latvia, and Lithuania) and Poland. The duration of export competitiveness differed across the dairy groups of products according to the level of milk processing, indicating the importance of dairy chain product differentiation for export competitiveness and specialization. The export competitiveness of the higher level of processed milk products for final consumption can be significant for export dairy chain competitiveness on global markets.

  9. Assessing competition in hospital care markets: the importance of accounting for quality differentiation.

    PubMed

    Tay, Abigail

    2003-01-01

    Quality differentiation is especially important in the hospital industry, where the choices of Medicare patients are unaffected by prices. Unlike previous studies that use geographic market concentration to estimate hospital competitiveness, this article emphasizes the importance of quality differentiation in this spatially differentiated market. I estimate a random-coefficients discrete-choice model that predicts patient flow to different hospitals and find that demand responses to both distance and quality are substantial. The estimates suggest that patients do not substitute toward alternative hospitals in proportion to current market shares, implying that geographic market concentration is an inappropriate measure of hospital competitiveness.

  10. Improving energy efficiency: Strategies for supporting sustained market evolution in developing and transitioning countries

    SciTech Connect

    Meyers, S.

    1998-02-01

    This report presents a framework for considering market-oriented strategies for improving energy efficiency that recognize the conditions of developing and transitioning countries, and the need to strengthen the effectiveness of market forces in delivering greater energy efficiency. It discusses policies that build markets in general, such as economic and energy pricing reforms that encourage competition and increase incentives for market actors to improve the efficiency of their energy use, and measures that reduce the barriers to energy efficiency in specific markets such that improvement evolves in a dynamic, lasting manner. The report emphasizes how different policies and measures support one another and can create a synergy in which the whole is greater than the sum of the parts. In addressing this topic, it draws on the experience with market transformation energy efficiency programs in the US and other industrialized countries.

  11. Battery energy storage market feasibility study

    SciTech Connect

    Kraft, S.; Akhil, A.

    1997-07-01

    Under the sponsorship of the Department of Energy`s Office of Utility Technologies, the Energy Storage Systems Analysis and Development Department at Sandia National Laboratories (SNL) contracted Frost and Sullivan to conduct a market feasibility study of energy storage systems. The study was designed specifically to quantify the energy storage market for utility applications. This study was based on the SNL Opportunities Analysis performed earlier. Many of the groups surveyed, which included electricity providers, battery energy storage vendors, regulators, consultants, and technology advocates, viewed energy storage as an important enabling technology to enable increased use of renewable energy and as a means to solve power quality and asset utilization issues. There are two versions of the document available, an expanded version (approximately 200 pages, SAND97-1275/2) and a short version (approximately 25 pages, SAND97-1275/1).

  12. Energy Production from Biogas: Competitiveness and Support Instruments in Latvia

    NASA Astrophysics Data System (ADS)

    Klāvs, G.; Kundziņa, A.; Kudrenickis, I.

    2016-10-01

    Use of renewable energy sources (RES) might be one of the key factors for the triple win-win: improving energy supply security, promoting local economic development, and reducing greenhouse gas emissions. The authors ex-post evaluate the impact of two main support instruments applied in 2010-2014 - the investment support (IS) and the feed-in tariff (FIT) - on the economic viability of small scale (up to 2MWel) biogas unit. The results indicate that the electricity production cost in biogas utility roughly corresponds to the historical FIT regarding electricity production using RES. However, if in addition to the FIT the IS is provided, the analysis shows that the practice of combining both the above-mentioned instruments is not optimal because too high total support (overcompensation) is provided for a biogas utility developer. In a long-term perspective, the latter gives wrong signals for investments in new technologies and also creates unequal competition in the RES electricity market. To provide optimal biogas utilisation, it is necessary to consider several options. Both on-site production of electricity and upgrading to biomethane for use in a low pressure gas distribution network are simulated by the cost estimation model. The authors' estimates show that upgrading for use in a gas distribution network should be particularly considered taking into account the already existing infrastructure and technologies. This option requires lower support compared to support for electricity production in small-scale biogas utilities.

  13. CEO perceptions of competition--and strategic response in hospital markets.

    PubMed

    Alexander, J A; Burns, L R; Morrisey, M A; Johnson, V

    2001-06-01

    Physician-organization integration (POI) has emerged as a key issue for hospitals and health systems seeking to improve the quality and cost-effectiveness of care. Although competition and managed care are often cited as primary market drivers of the adoption of POI strategies, prior research has shown only weak associations between these market attributes and POI. This article argues that the role of key organizational decision makers has not been adequately accounted for in explaining strategic change. The study examines the role of hospital CEO perceptions of competition in predicting the adoption of five different approaches to POI. CEO perceptions of general market competition are explained by a combination of market and organizational attributes. Furthermore, when controlling for objective characteristics of the environment and organization, CEO perceptions of competition have consistent, statistically significant associations with four of five measures of POI examined.

  14. 75 FR 78980 - Application to Export Electric Energy; Direct Energy Marketing, Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-17

    ... Application to Export Electric Energy; Direct Energy Marketing, Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of Application. SUMMARY: Direct Energy Marketing, Inc... surplus energy purchased from electric utilities, Federal power marketing agencies, and other entities...

  15. Influences of market competition on dental care utilization under the global budget payment system.

    PubMed

    Tsai, Wen-Chen; Kung, Pei-Tseng; Chang, Wei-Chieh

    2007-12-01

    The degrees of market competition usually influence providers' behaviors. This study investigated the influence of medical market competition on the utilization of dental care under the global budget payment system. This study also examined the relative factors that influence the utilization of dental care. This study used the healthcare sub-regions (HCSRs) in the healthcare net as the observation units. The dataset was the National Health Insurance dental care claim data from 1999 to 2002. The degree of market competition of dental care was measured by the Herfindahl Index (HI). The influences of medical market competition on the utilization of dental care were analyzed by multiple linear regression analysis. When the market had a higher degree of competition, people had a higher number of dental utilizations after controlling for the other variables. When market competition increased by 1%, annual expenditures and frequencies of dental care as well as frequencies of tooth-filling per person increased by 0.4%. Thirty-three percent of dental expenditures could be explained by increases in the degree of market competition. Females or highly educated people had a positive correlation with dental utilization. However, the agricultural population negatively correlated with dental utilization. Average household income had no significant relationship with the frequency of dental care but had a significant negative association with dental expenditures when dental care was covered by health insurance. After the global budget payment system for dental care was implemented, increases in dental care market competition led to the increase in utilization of dental care services.

  16. Competition and Markets in Higher Education: A "Glonacal" Analysis

    ERIC Educational Resources Information Center

    Marginson, Simon

    2004-01-01

    Higher education--particularly the research-intensive university, which is the focus of this article--is the subject of global/national/local effects, and is shaped by hierarchy and uneven development on a world scale. The article theorises social competition in higher education, and traces inter-university competition and stratification on the…

  17. Marketing Schools: Consumer Goods and Competitive Incentives for Consumer Information

    ERIC Educational Resources Information Center

    Lubienski, Christopher

    2007-01-01

    Effective school-choice plans depend on the quality of information available to families. Examining the promotional materials provided by different schools in a highly competitive and diverse urban area tells us not only about the quality of that information but also how schools respond to competitive incentives. This analysis outlines an economic…

  18. Competition and Markets in Higher Education: A "Glonacal" Analysis

    ERIC Educational Resources Information Center

    Marginson, Simon

    2004-01-01

    Higher education--particularly the research-intensive university, which is the focus of this article--is the subject of global/national/local effects, and is shaped by hierarchy and uneven development on a world scale. The article theorises social competition in higher education, and traces inter-university competition and stratification on the…

  19. Marketing Schools: Consumer Goods and Competitive Incentives for Consumer Information

    ERIC Educational Resources Information Center

    Lubienski, Christopher

    2007-01-01

    Effective school-choice plans depend on the quality of information available to families. Examining the promotional materials provided by different schools in a highly competitive and diverse urban area tells us not only about the quality of that information but also how schools respond to competitive incentives. This analysis outlines an economic…

  20. Incentives for School Diversification: Competition and Promotional Patterns in Local Education Markets

    ERIC Educational Resources Information Center

    Lubienski, Christopher

    2006-01-01

    Reforms using market-style mechanisms of parental choice and competition between schools are intended to leverage change by compelling schools to diversify options and increase effectiveness. Yet, some research challenges those assumptions, suggesting that schools in competitive climates are more likely to focus on image management to attract a…

  1. An Industry Analysis of the MBA Market and the Competitive Positioning of the GSBPP

    DTIC Science & Technology

    2007-03-01

    THIS PAGE INTENTIONALLY LEFT BLANK 1 I. INTRODUCTION Traditional business schools face threats to their competitive positioning as the educational...MBA market were competition between business schools , buyers of business education including both students and employers, faculty as the key...Representative Core Course Requirement While business schools consider it their mission to educate students for their entire career, they are

  2. Competitiveness as the Factor of Settlements Terms Forming at the Market of Chocolate Producers

    ERIC Educational Resources Information Center

    Kandrashina, Elena A.; Zotova, Anna S.; Smolina, Ekaterina S.; Dorozhkin, Vladimir E.; Dneprov, Sergey A.

    2016-01-01

    The relevance of the investigated problem is caused by increasing levels of competition in the industry markets of chocolate producers in Russia and the need to maintain the profitability of the companies' activities in the unstable macroeconomic conditions. The aim of the article is to assess the impact of competitive forces on settlements terms…

  3. Incentives for School Diversification: Competition and Promotional Patterns in Local Education Markets

    ERIC Educational Resources Information Center

    Lubienski, Christopher

    2006-01-01

    Reforms using market-style mechanisms of parental choice and competition between schools are intended to leverage change by compelling schools to diversify options and increase effectiveness. Yet, some research challenges those assumptions, suggesting that schools in competitive climates are more likely to focus on image management to attract a…

  4. Building a Marketing Curriculum to Support Courses in Social Entrepreneurship and Social Venture Competitions

    ERIC Educational Resources Information Center

    Schlee, Regina Pefanis; Curren, Mary T.; Harich, Katrin R.

    2009-01-01

    This study examines the implications of the increased popularity of social enterprise programs and social venture competitions for the marketing curriculum. Social enterprise programs and competitions are often offered outside the school of business and target students from a variety of academic backgrounds. Although social enterprises use…

  5. Building a Marketing Curriculum to Support Courses in Social Entrepreneurship and Social Venture Competitions

    ERIC Educational Resources Information Center

    Schlee, Regina Pefanis; Curren, Mary T.; Harich, Katrin R.

    2009-01-01

    This study examines the implications of the increased popularity of social enterprise programs and social venture competitions for the marketing curriculum. Social enterprise programs and competitions are often offered outside the school of business and target students from a variety of academic backgrounds. Although social enterprises use…

  6. Assessing Competition on the Russian University Market Using a Modified Panzar-Rosse Model

    ERIC Educational Resources Information Center

    Sergeeva, Vladlena Vladimirovna

    2016-01-01

    This paper reviews some government policy measures aimed at strengthening competition in the Russian university market and looks at the best international practices in this area. It analyzes the competitive behavior of universities under the current government policy on higher education and research and development and suggests an approach to…

  7. Assessing Competition on the Russian University Market Using a Modified Panzar-Rosse Model

    ERIC Educational Resources Information Center

    Sergeeva, Vladlena Vladimirovna

    2016-01-01

    This paper reviews some government policy measures aimed at strengthening competition in the Russian university market and looks at the best international practices in this area. It analyzes the competitive behavior of universities under the current government policy on higher education and research and development and suggests an approach to…

  8. New England Buildings Score in National Energy Star Building Competition

    EPA Pesticide Factsheets

    More than 5,500 individual buildings across the United States, the District of Columbia, and Puerto Rico competed in the U.S. Environmental Protection Agency's fifth-annual ENERGY STAR Battle of the Buildings Competition: Team Challenge.

  9. A Critical Analysis of Concentration and Competition in the Indian Pharmaceutical Market

    PubMed Central

    Mehta, Aashna; Hasan Farooqui, Habib; Selvaraj, Sakthivel

    2016-01-01

    Objectives It can be argued that with several players marketing a large number of brands, the pharmaceutical market in India is competitive. However, the pharmaceutical market should not be studied as a single market but, as a sum total of a large number of individual sub-markets. This paper examines the methodological issues with respect to defining the relevant market involved in studying concentration in the pharmaceutical market in India. Further, we have examined whether the Indian pharmaceutical market is competitive. Methods Indian pharmaceutical market was studied using PharmaTrac, the sales audit data from AIOCD-AWACS, that organises formulations into 5 levels of therapeutic classification based on the EphMRA system. The Herfindahl-Hirschman Index (HHI) was used as the indicator of market concentration. We calculated HHI for the entire pharmaceutical market studied as a single market as well as at the five different levels of therapeutic classification. Results and Discussion Whereas the entire pharmaceutical market taken together as a single market displayed low concentration (HHI = 226.63), it was observed that if each formulation is defined as an individual sub-market, about 69 percent of the total market in terms of market value displayed at least moderate concentration. Market should be defined taking into account the ease of substitutability. Since, patients cannot themselves substitute the formulation prescribed by the doctor with another formulation with the same indication and therapeutic effect, owing to information asymmetry, it is appropriate to study market concentration at the narrower levels of therapeutic classification. PMID:26895269

  10. Market penetration of new energy technologies

    SciTech Connect

    Packey, D.J.

    1993-02-01

    This report examines the characteristics, advantages, disadvantages, and, for some, the mathematical formulas of forecasting methods that can be used to forecast the market penetration of renewable energy technologies. Among the methods studied are subjective estimation, market surveys, historical analogy models, cost models, diffusion models, time-series models, and econometric models. Some of these forecasting methods are more effective than others at different developmental stages of new technologies.

  11. Market penetration of new energy technologies

    SciTech Connect

    Packey, D.J.

    1993-02-01

    This report examines the characteristics, advantages, disadvantages, and, for some, the mathematical formulas of forecasting methods that can be used to forecast the market penetration of renewable energy technologies. Among the methods studied are subjective estimation, market surveys, historical analogy models, cost models, diffusion models, time-series models, and econometric models. Some of these forecasting methods are more effective than others at different developmental stages of new technologies.

  12. Emission Market Opportunities for Federal Energy Projects

    SciTech Connect

    Vimmerstedt, L.; Shah, C.

    2005-06-01

    This document assists federal agencies in incorporating emissions market opportunities in their energy projects, including emission reduction credit markets and cap and trade. It looks at how potential emissions costs/revenues can be incorporated into project proposals, how groups can apply for emissions allowances, and how agencies can sell emissions allowances and receive the financial benefit. The fact sheet also outlines how FEMP can provide assistance throughout the process.

  13. Wind offering in energy and reserve markets

    NASA Astrophysics Data System (ADS)

    Soares, T.; Pinson, P.; Morais, H.

    2016-09-01

    The increasing penetration of wind generation in power systems to fulfil the ambitious European targets will make wind power producers to play an even more important role in the future power system. Wind power producers are being incentivized to participate in reserve markets to increase their revenue, since currently wind turbine/farm technologies allow them to provide ancillary services. Thus, wind power producers are to develop offering strategies for participation in both energy and reserve markets, accounting for market rules, while ensuring optimal revenue. We consider a proportional offering strategy to optimally decide upon participation in both markets by maximizing expected revenue from day-ahead decisions while accounting for estimated regulation costs for failing to provide the services. An evaluation of considering the same proportional splitting of energy and reserve in both day- ahead and balancing market is performed. A set of numerical examples illustrate the behavior of such strategy. An important conclusion is that the optimal split of the available wind power between energy and reserve strongly depends upon prices and penalties on both market trading floors.

  14. Clean Energy Manufacturing Boosting U.S. Competitiveness

    SciTech Connect

    2015-09-14

    Clean energy manufacturing is booming in the United States. U.S. clean energy investment topped $51 billion in 2014 alone, and even more growth is expected in the $250 billion clean energy market worldwide in coming years. America has an important opportunity to continue growing clean energy manufacturing industries, along with the high quality jobs and stronger local economies that come with them.

  15. Clean Energy Manufacturing Boosting U.S. Competitiveness

    ScienceCinema

    None

    2016-07-12

    Clean energy manufacturing is booming in the United States. U.S. clean energy investment topped $51 billion in 2014 alone, and even more growth is expected in the $250 billion clean energy market worldwide in coming years. America has an important opportunity to continue growing clean energy manufacturing industries, along with the high quality jobs and stronger local economies that come with them.

  16. Secure provision of reactive power ancillary services in competitive electricity markets

    NASA Astrophysics Data System (ADS)

    El-Samahy, Ismael

    decoupled and assumed to be fixed during the reactive power dispatch procedures; however, the effect of reactive power on real power is considered in the model by calculating the required reduction in real power output of a generator due to an increase in its reactive power supply. In this case, real power generation is allowed to be rescheduled, within given limits, from the already dispatched levels obtained from the energy market clearing process. The proposed dispatch model achieves the main objective of an ISO in a competitive electricity market, which is to provide the required reactive power support from generators at least cost while ensuring a secure operation of the power system. The proposed reactive power procurement and dispatch models capture both the technical and economic aspects of power system operation in competitive electricity markets; however, from an optimization point of view, these models represent non-convex mixed integer non-linear programming (MINLP) problems due to the presence of binary variables associated with the different regions of reactive power operation in a synchronous generator. Such MINLP optimization problems are difficult to solve, especially for an actual power system. A novel Generator Reactive Power Classification (GRPC) algorithm is proposed in this thesis to address this issue, with the advantage of iteratively solving the optimization models as a series of non-linear programming (NLP) sub-problems. The proposed reactive power procurement and dispatch models are implemented and tested on the CIGRE 32-bus system, with several case studies that represent different practical operating scenarios. The developed models are also compared with other approaches for reactive power provision, and the results demonstrate the robustness and effectiveness of the proposed model. The results clearly reveal the main features of the proposed models for optimal provision of reactive power ancillary service, in order to suit the requirements of

  17. Market Competition in Upper Secondary Education: Perceived Effects on Teachers' Work

    ERIC Educational Resources Information Center

    Lundstrom, Ulf; Holm, Ann-Sofie

    2011-01-01

    The development and expansion of market solutions is one of the most important changes in Swedish education in the last 30 years. The aim of the article is to describe and analyse how students and staff in upper secondary schools perceive the impact of market competition on teachers' work. Three groups of actors in two Swedish regions were…

  18. Market Competition in Upper Secondary Education: Perceived Effects on Teachers' Work

    ERIC Educational Resources Information Center

    Lundstrom, Ulf; Holm, Ann-Sofie

    2011-01-01

    The development and expansion of market solutions is one of the most important changes in Swedish education in the last 30 years. The aim of the article is to describe and analyse how students and staff in upper secondary schools perceive the impact of market competition on teachers' work. Three groups of actors in two Swedish regions were…

  19. Market Competition, Public Good and Institutional Governance: Analyses of Portugal's Experience

    ERIC Educational Resources Information Center

    Amaral, Alberto; Magalhaes, Antonio

    2007-01-01

    The emergence of the market as a regulatory tool for the public sector and the promotion of competition among institutions are based upon the idea that they promote institutions' responsiveness to society and a more efficient use of public funds. However, autonomous institutions forced to compete under market-like conditions may follow strategies…

  20. Market Competition, Public Good and Institutional Governance: Analyses of Portugal's Experience

    ERIC Educational Resources Information Center

    Amaral, Alberto; Magalhaes, Antonio

    2007-01-01

    The emergence of the market as a regulatory tool for the public sector and the promotion of competition among institutions are based upon the idea that they promote institutions' responsiveness to society and a more efficient use of public funds. However, autonomous institutions forced to compete under market-like conditions may follow strategies…

  1. Determining firms׳ utility functions and competitive roles from data on market shares using Lotka-Volterra models.

    PubMed

    Marasco, A; Picucci, A; Romano, A

    2016-06-01

    In this article, we include data on historical and estimated market shares of two markets. In particular, we include annual data on the market shares of the Japanese beer market (1963-2000) and biannual data on the market shares of the mobile phones market in Greece (1998-2007). In addition, we estimate monthly data on market shares for both markets. We show how this data can be used to derive firms' utility functions and their competitive roles.

  2. Control & competition square off for primacy in the uranium market

    SciTech Connect

    1995-06-01

    Who dominates? Who competes? How level is the playing field? And how free is the free market? Of more than academic interest, these questions are being thrashed out by a bevy of market participants. But resolution is no dainty game of croquet; it looks more like a rugby scrum. So grab your binoculars and let the games begin.

  3. Modeling EU electricity market competition using the residual supply index

    SciTech Connect

    Swinand, Gregory; Scully, Derek; Ffoulkes, Stuart; Kessler, Brian

    2010-11-15

    An econometric approach to related hourly Residual Supply Index to price-cost margins in the major EU electricity generation markets suggests that market structure, as measured by the RSI, is a significant explanatory factor for markups, even when scarcity and other explanatory variables are included. (author)

  4. 75 FR 57912 - Application To Export Electric Energy; Rainbow Energy Marketing Corporation

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-09-23

    ... Application To Export Electric Energy; Rainbow Energy Marketing Corporation AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Rainbow Energy Marketing... utilities, Federal power marketing agencies and other entities within the United States. The existing...

  5. 75 FR 38514 - Application to Export Electric Energy; Brookfield Energy Marketing LP

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-07-02

    ... Application to Export Electric Energy; Brookfield Energy Marketing LP AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Brookfield Energy Marketing LP... power marketing agencies and other entities within the United States. The existing international...

  6. Does certificate of need law enhance competition in inpatient care market? An empirical analysis.

    PubMed

    Paul, Jomon A; Ni, Huan; Bagchi, Aniruddha

    2017-06-29

    This article investigates the impact of Certificate of Need (CON) laws on competition in the inpatient care market. One of the major criticisms of these laws is that it may hinder competition in the health care market, which can lead to higher prices. However, from a theoretical standpoint, CON laws could also promote competition by limiting excessive expansion from incumbents. Our main conclusion is that CON laws by and large enhanced competition in the inpatient market during the period of our study. This indicates that the effects of CON laws to hinder predatory behavior could dominate its effects of preventing new entrants into the inpatient care market. We do not find statistically significant evidence to reject the exogeneity assumption of either CON laws or their stringency in our study. We also find factors such as proportion of population aged 18-44, proportion of Asian American population, obesity rate, political environment, etc., in a state significantly impact competition. Our findings could shed some light to public policy makers when deciding the appropriate health programs or legislative framework to promote health care market competition and thereby facilitate quality health care.

  7. Beyond Antitrust: Health Care And Health Insurance Market Trends And The Future Of Competition.

    PubMed

    Glied, Sherry A; Altman, Stuart H

    2017-09-01

    The United States relies on competition to balance costs and quality in the health care system. But concentration is increasing throughout the hospital, physician, and insurer markets. Midsize community hospitals face declining demand and growing competition from both larger hospitals and smaller freestanding diagnostic and surgical centers, leaving the midsize hospitals vulnerable to closure or merger with other facilities. Competition among insurers has been limited by the development of hospital systems that extend the bargaining power of "must-have" hospitals (those perceived to provide the best care for complex and less common conditions) across local health care markets. Government antitrust enforcement could play an important role in maintaining competition in both the hospital and insurer markets, but in many markets, the impact of that enforcement has been limited to date. Policy makers should consider supplementing antitrust activities with strategies that combine competition and regulation-for example, by regulating selected prices and structuring competition to cover entire insurance markets. Project HOPE—The People-to-People Health Foundation, Inc.

  8. Competition and liberalization in European gas markets: Towards a continental European model

    SciTech Connect

    Stern, J.P.

    1998-06-01

    Many of the long-awaited changes to the European gas market are now imminent. Institutional developments and market forces are combining to produce a transformation. This major study analyzes the developments in a wide range of European countries, including central and eastern Europe. In examining how different institutional traditions and political priorities will affect the gas market, Stern explores the potential for a distinct continental European model of competition and liberalization.

  9. Social Welfare implications of demand response programs in competitive electricity markets

    SciTech Connect

    Boisvert, Richard N.; Neenan, Bernard F.

    2003-08-01

    The price volatility exhibited by wholesale electricity markets has stymied the movement to restructure the industry, and may derail it altogether. Market designers argue that prices are superior to regulation for directing long-term investments to the proper location and function, and that price volatility is a natural manifestation of a robustly competitive market. However, episodes of prices that soar to previously unimaginable heights try customers' patience and cause policy makers to reconsider if the prize is worth the consequences.

  10. Thermophotovoltaic energy conversion: Technology and market potential

    SciTech Connect

    Ostrowski, L.J.; Pernisz, U.C.; Fraas, L.M.

    1996-02-01

    This report contains material displayed on poster panels during the Conference. The purpose of the contribution was to present a summary of the business overview of thermophotovoltaic generation of electricity and its market potential. The market analysis has shown that the TPV market, while currently still in an early nucleation phase, is evolving into a range of small niche markets out of which larger-size opportunities can emerge. Early commercial applications on yachts and recreational vehicles which require a quiet and emission-free compact electrical generator fit the current TPV technology and economics. Follow-on residential applications are attractive since they can combine generation of electricity with space and hot water heating in a co-generation system. Development of future markets in transportation, both private and communal or industrial, will be driven by legislation requiring emission-free vehicles, and by a reduction in TPV systems cost. As a result of {open_quote}{open_quote}moving down the learning curve,{close_quote}{close_quote} growing power and consumer markets are predicted to come into reach of TPV systems, a development favored by high overall energy conversion efficiency due to high radiation energy density and to high electric conversion efficiency available with photovoltaic cells. {copyright} {ital 1996 American Institute of Physics.}

  11. Thermophotovoltaic energy conversion: Technology and market potential

    NASA Astrophysics Data System (ADS)

    Ostrowski, Leon J.; Pernisz, Udo C.; Fraas, Lewis M.

    1996-02-01

    This report contains material displayed on poster panels during the Conference. The purpose of the contribution was to present a summary of the business overview of thermophotovoltaic generation of electricity and its market potential. The market analysis has shown that the TPV market, while currently still in an early nucleation phase, is evolving into a range of small niche markets out of which larger-size opportunities can emerge. Early commercial applications on yachts and recreational vehicles which require a quiet and emission-free compact electrical generator fit the current TPV technology and economics. Follow-on residential applications are attractive since they can combine generation of electricity with space and hot water heating in a co-generation system. Development of future markets in transportation, both private and communal or industrial, will be driven by legislation requiring emission-free vehicles, and by a reduction in TPV systems cost. As a result of ``moving down the learning curve,'' growing power and consumer markets are predicted to come into reach of TPV systems, a development favored by high overall energy conversion efficiency due to high radiation energy density and to high electric conversion efficiency available with photovoltaic cells.

  12. [Competition between branded and generic drugs in Austria: evidence from the market for ACE inhibitors].

    PubMed

    Mahlich, J C; Stadler, I

    2012-01-01

    The market for pharmaceuticals in Austria is highly regulated and manufacturers cannot set prices freely after patent expiration of the pioneer drug. We wanted to examine the effect of price regulation on price competition between branded and generic drugs in Austria. We examined the Austrian market for ACE inhibitors and describe competitive dynamics by means of 6 indices. We compared our results with those of Grabowski and Vernon who studied the US market. According to our analysis the competition amongst the producers of generic drugs is not great and consequently, compared to the USA, over time the prices for generic products decrease less and their market share increases less. This is due to a market-oriented system in the USA which waives most regulatory provisions. Our conclusions are in line with the findings by Danzon und Chao (2000) who argue that in a price-regulated market competitive dynamics are less strongly developed. From a politico-economic view, the necessity of price regulations in the pharmaceutical market seems questionable, as price regulations generally also cause other negative effects, such as distorted economic incentives for research and development investments. © Georg Thieme Verlag KG Stuttgart · New York.

  13. Management of busbar costs and spending tradeoffs for the transition to competitive markets in electricity

    SciTech Connect

    Corio, M.R.; Boyd, G.

    1995-09-01

    Competition is changing the fundamental basis for doing business in the electricity generation market. As the market moves toward competitive market conditions, electricity will be viewed increasingly as a commodity--not only supplied to customers within a utility`s service area, but brokered and marketed outside its area as well. With movement toward retail wheeling being considered in California, Michigan, and New York, it may soon become a reality as well. This means that a utility can no longer feel secure as the monopoly supplier of electricity within its own franchise area. To remain the main supplier in its current service area and compete for customers in other service areas, utilities will need to understand and examine all the components of ``busbar costs`` at its generating units. As competition drives the market to marginal costs, generating units with costs exceeding the market clearing price for electricity may soon have a limited role in the generation market. As the industry evolves, competition in the marketplace will force uneconomic plants to reduce costs or go out of business. This paper discusses results of studies addressing the evaluation of cost effectiveness, benchmarking of cost-efficiency, and development of marginal cost curves for busbar costs based on the development and aggregation of the three key measures which determine the cost and level of output (generation): (1) reliability; (2) heat rate; and (3) planned outage factor.

  14. State of competition in gasoline marketing. The effects of refiner operation at retail (a study required by Title III of the Petroleum Marketing Practices Act)

    SciTech Connect

    Delaney, J.B.; Fenili, R.N.

    1980-05-01

    Title III of the Petroleum Marketing Practices Act requires the Secretary of Energy to report to the Congress on the extent to which producers, refiners, and other suppliers of motor fuel subsidize the sale of such fuel at retail or wholesale with profits obtained from other operations. This is Part I of the report required under that Title. It addresses a number of questions relating to the central issue - the state of competition in the gasoline marketing industry. Part II of the report, to be issued this fall, will discuss the subpoenaed documents of nine integrated companies, and will contain recommendations for action, if deemed necessary. The basic thrust of Part I is an examination of three issues: (1) Are integrated refiners subsidizing their company operated gasoline retail outlets; (2) Are integrated refiners moving gasoline away from their branded dealer network into their own retail outlets; and (3) Are integrated refiners manipulating the allocation system in favor of their own retail outlets to the detriment of other gasoline marketers. At a series of regional hearings, independent marketers charged that integrated refiners were engaging in each of these practices. In essence, integrated refiners were portrayed as using unfair or illegal competitive practices which would ultimately lead to their domination of retail gasoline markets. This report addresses each allegation, after providing a historical and theoretical framework for today's debate.

  15. Investigating How to Align Schools' Marketing Environments With Federal Standards for Competitive Foods.

    PubMed

    Polacsek, Michele; O'Brien, Liam M; Pratt, Elizabeth; Whatley-Blum, Janet; Adler, Sabrina

    2017-03-01

    Limiting food and beverage marketing to children is a promising approach to influence children's nutrition behavior. School-based marketing influences nutrition behavior and studies have consistently found marketing for nonnutritious foods and beverages in schools. No studies have examined the resources necessary to align school marketing environments with federal school nutrition standards. The purpose of this study was to determine how to improve school marketing environments so that they align with new federal competitive food nutrition standards. We assessed food marketing environments in 3 Portland, Maine schools using the Food and Beverage Marketing Survey (FBMS) and provided technical assistance to bring their marketing environments into conformity with the federal competitive food regulations, tracking resources and strategies for marketing removal. Noncompliant marketing was significantly reduced pre- to postintervention. Intervention strategies were facilitated by the School Health Coordinator and school-based wellness teams. Low monetary resources were required to remove marketing not compliant with federal nutrition standards for foods sold in schools. Several key challenges remain to sustain efforts. This study provides timely information for policymakers to support crafting policies that address the realities of school nutrition environments and universal enforcement challenges. © 2017, American School Health Association.

  16. Demand responsive programs - an emerging resource for competitive electricity markets?

    SciTech Connect

    Heffner, Grayson C. Dr.; Goldman, Charles A.

    2001-06-25

    The restructuring of regional electricity markets in the U.S. has been accompanied by numerous problems, including generation capacity shortages, transmission congestion, wholesale price volatility, and reduced system reliability. These problems have created significant new opportunities for technologies and business approaches that allow load serving entities and other aggregators, to control and manage the load patterns of their wholesale or retail end-users. These technologies and business approaches for manipulating end-user load shapes are known as Load Management or, more recently, Demand Responsive programs. Lawrence Berkeley National Laboratory (LBNL) is conducting case studies on innovative demand responsive programs and presents preliminary results for five case studies in this paper. These case studies illustrate the diversity of market participants and range of technologies and business approaches and focus on key program elements such as target markets, market segmentation and participation results; pricing scheme; dispatch and coordination; measurement, verification, and settlement; and operational results where available.

  17. Understanding Market Segments and Competition in the Private Military Industry

    DTIC Science & Technology

    2009-12-01

    business process outsourcing, training, and logistics. To ensure successful growth of these services and to remain a market leader, SAIC appears...positively correlated with financial troubles as well. This reaffirmed our presumption that senior managers in the PM industry view poor business ...Institute Press. Kotler , P., & Keller, K.L. (2009). Marketing management (13th ed.). Upper Saddle River, NJ: Pearson Prentice Hall. Kruse, K. (2009

  18. Emulation of Equal Open Access and Competition Creation in the Wireline Telecommunications Local and Last Mile Market Segments

    ERIC Educational Resources Information Center

    Van Epps, Daniel L.

    2013-01-01

    Expanded telecommunications was deemed a serious need for end users. The "Local Market" and "Last Mile" market segments have largely consolidated into "natural utilities". Competition and access problems occur if new providers enter the local market and desire competitive access and service to end users. Local and…

  19. Emulation of Equal Open Access and Competition Creation in the Wireline Telecommunications Local and Last Mile Market Segments

    ERIC Educational Resources Information Center

    Van Epps, Daniel L.

    2013-01-01

    Expanded telecommunications was deemed a serious need for end users. The "Local Market" and "Last Mile" market segments have largely consolidated into "natural utilities". Competition and access problems occur if new providers enter the local market and desire competitive access and service to end users. Local and…

  20. Design + energy: results of a national student design competition

    SciTech Connect

    Not Available

    1980-01-01

    A national competition for students in schools of architecture was conducted during the Spring of 1980. The competition was the first of a series of competitions that emphasized the integration of architectural design and energy considerations in medium-scale building projects, and specifically applying passive solar design strategies and the appropriate use of brick masonry materials. Some 300 faculty members and over 2200 students representing 80 of the 92 US architecture schools participated in the program. A summary is presented of the program and the range of submissions grouped by problem types and general climatic region.

  1. Entropy and Energy, - a Universal Competition

    NASA Astrophysics Data System (ADS)

    Müller, Ingo

    2008-12-01

    When a body approaches equilibrium, energy tends to a minimum and entropy tends to a maximum. Often, or usually, the two tendencies favour different configurations of the body. Thus energy is deterministic in the sense that it favours fixed positions for the atoms, while entropy randomizes the positions. Both may exert considerable forces in the attempt to reach their objectives. Therefore they have to compromise; indeed, under most circumstances it is the available free energy which achieves a minimum. For low temperatures that free energy is energy itself, while for high temperatures it is determined by entropy. Several examples are provided for the roles of energy and entropy as competitors: - Planetary atmospheres; - osmosis; - phase transitions in gases and liquids and in shape memory alloys, and - chemical reactions, viz. the Haber Bosch synthesis of ammonia and photosynthesis. Some historical remarks are strewn through the text to make the reader appreciate the difficulties encountered by the pioneers in understanding the subtlety of the concept of entropy, and in convincing others of the validity and relevance of their arguments.

  2. Energy Market Transparency: Analyzing the Impacts of Constraint Relaxation and Out-of-Market Correction Practices in Electric Energy Markets

    NASA Astrophysics Data System (ADS)

    Al-Abdullah, Yousef Mohammad

    This work presents research on practices in the day-ahead electric energy market, including replication practices and reliability coordinators used by some market operators to demonstrate the impact these practices have on market outcomes. The practice of constraint relaxations similar to those an Independent System Operator (ISO) might perform in day-ahead market models is implemented. The benefits of these practices are well understood by the industry; however, the implications these practices have on market outcomes and system security have not been thoroughly investigated. By solving a day-ahead market model with and without select constraint relaxations and comparing the resulting market outcomes and possible effects on system security, the effect of these constraint relaxation practices is demonstrated. Proposed market solutions are often infeasible because constraint relaxation practices and approximations that are incorporated into market models. Therefore, the dispatch solution must be corrected to ensure its feasibility. The practice of correcting the proposed dispatch solution after the market is solved is known as out-of-market corrections (OMCs), defined as any action an operator takes that modifies a proposed day-ahead dispatch solution to ensure operating and reliability requirements. The way in which OMCs affect market outcomes is illustrated through the use of different corrective procedures. The objective of the work presented is to demonstrate the implications of these industry practices and assess the impact these practices have on market outcomes.

  3. The selfish brain: competition for energy resources.

    PubMed

    Peters, A; Schweiger, U; Pellerin, L; Hubold, C; Oltmanns, K M; Conrad, M; Schultes, B; Born, J; Fehm, H L

    2004-04-01

    The brain occupies a special hierarchical position in the organism. It is separated from the general circulation by the blood-brain barrier, has high energy consumption and a low energy storage capacity, uses only specific substrates, and it can record information from the peripheral organs and control them. Here we present a new paradigm for the regulation of energy supply within the organism. The brain gives priority to regulating its own adenosine triphosphate (ATP) concentration. In that postulate, the peripheral energy supply is only of secondary importance. The brain has two possibilities to ensure its energy supply: allocation or intake of nutrients. The term 'allocation' refers to the allocation of energy resources between the brain and the periphery. Neocortex and the limbic-hypothalamus-pituitary-adrenal (LHPA) system control the allocation and intake. In order to keep the energy concentrations constant, the following mechanisms are available to the brain: (1) high and low-affinity ATP-sensitive potassium channels measure the ATP concentration in neurons of the neocortex and generate a 'glutamate command' signal. This signal affects the brain ATP concentration by locally (via astrocytes) stimulating glucose uptake across the blood-brain barrier and by systemically (via the LHPA system) inhibiting glucose uptake into the muscular and adipose tissue. (2) High-affinity mineralocorticoid and low-affinity glucocorticoid receptors determine the state of balance, i.e. the setpoint, of the LHPA system. This setpoint can permanently and pathologically be displaced by extreme stress situations (chronic metabolic and psychological stress, traumatization, etc.), by starvation, exercise, infectious diseases, hormones, drugs, substances of abuse, or chemicals disrupting the endocrine system. Disorders in the 'energy on demand' process or the LHPA-system can influence the allocation of energy and in so doing alter the body mass of the organism. In summary, the presented

  4. The selfish brain: Competition for energy resources.

    PubMed

    Peters, Achim

    2011-01-01

    Obesity and type 2 diabetes have become the major health problems in many industrialized countries. Here, I present the unconventional concept that a healthy organism maintains its systemic homeostasis by a "competent brain-pull", i.e., the brain's ability to properly demand glucose from the body, and that the underlying cause of obesity is "incompetent brain-pull." I describe the energy fluxes from the environment, through the body, toward the brain as the final consumer in a "supply chain" model. There is data-based support for the hypothesis, which states that under conditions of food abundance incompetent brain-pull will lead to build ups in the supply chain culminating in obesity and type 2 diabetes. There is also support for the related hypothesis, which states that under conditions of food deprivation, a competent brain-pull mechanism is indispensable for the continuation of the brain's high energy level. To experimentally determine how the competent brain-pull functions to demand for cerebral energy, healthy young men undergoing psychosocial stress were studied. It was found that the brain under stressful conditions demands for energy from the body by using a brain-pull mechanism, which is referred to as "cerebral insulin suppression" and in so doing it can satisfy its excessive needs during stress. This article gives an overview about the recent work on the "Selfish Brain" theory dealing with the maintenance of the cerebral and peripheral energy homeostasis. © 2010 Wiley-Liss, Inc.

  5. Customer choice: Purchasing energy in a deregulated market

    SciTech Connect

    Thumann, A.

    1999-09-01

    This book presents the detailed guidance on how to effectively purchase deregulated energy, based on first-hand reports from many of the nation`s most knowledgeable experts. It is designed to provide the kind of practical advice needed by professionals who are responsible for making energy purchasing decisions. The book gives a ten-step program to guide building owners in purchasing decision making, a state-by-state retail competition update, and guidelines for buying electricity and natural gas over the worldwide web. Other topics include contract renegotiation strategies, an assessment of power pools, the role of aggregators in the energy market, real time pricing issues, where cogeneration fits within today`s marketplace, and lessons learned from deregulation experiences in Scandinavia and England.

  6. Exploring limits to market-based reform: managed competition and rehabilitation home care services in Ontario.

    PubMed

    Randall, Glen E; Williams, A Paul

    2006-04-01

    The rise of neo-liberalism, which suggests that only markets can deliver maximum economic efficiency, has been a driving force behind the trend towards using market-based solutions to correct health care problems. However, the broad application of market-based reforms has tended to assume the presence of fully functioning markets. When there are barriers to markets functioning effectively, such as the absence of adequate competition, recourse to market-based solutions can be expected to produce less than satisfactory, if not paradoxical results. One such case is rehabilitation homecare in Ontario, Canada. In 1996, a "managed competition" model was introduced as part of a province-wide reform of home care in an attempt to encourage high quality at competitive prices. However, in the case of rehabilitation home care services, significant obstacles to achieving effective competition existed. Notably, there were few private provider agencies to bid on contracts due to the low volume and specialized nature of services. There were also structural barriers such as the presence of unionized employees and obstacles to the entry of new providers. This paper evaluates the impact of Ontario's managed competition reform on community-based rehabilitation services. It draws on data obtained through 49 in-depth key informant interviews and a telephone survey of home care coordinating agencies and private rehabilitation provider agencies. Instead of reducing costs and improving quality, as the political rhetoric promised, the analysis suggests that providing rehabilitation homecare services under managed competition resulted in higher per-visit costs and reduced access to services. These findings support the contention that there are limits to market-based reforms.

  7. Regulatory Policy and Markets for Energy Storage in North America

    SciTech Connect

    Kintner-Meyer, Michael CW

    2014-05-14

    The last 5 years have been one of the most exciting times for the energy storage industry. We have seen significant advancements in the regulatory process to make accommodations for valuing and monetizing energy storage for what it provides to the grid. The most impactful regulatory decision for the energy storage industry has come from California, where the California Public Utilities Commission issued a decision that mandates procurement requirements of 1.325 GW for energy storage to 3 investor-own utilities in 4 stages: in 2014, 2016, 2018, and 2020. Furthermore, at the Federal level, FERC’s Order 755, requires the transmission operators to develop pay for performance tariffs for ancillary services. This has had direct impact on the market design of US competitive wholesale markets and the monetization of fast responding grid assets. While this order is technology neutral, it clearly plays into the fast-responding capability of energy storage technologies. Today PJM, CAISO, MISO, NYISO, and NE-ISO have implemented Order 755 and offer new tariff for regulation services based on pay-for-performance principles. Furthermore, FERC Order 784, issued in July 2013 requires transmission providers to consider speed and accuracy in determining the requirements for ancillary services. In November 2013, FERC issued Order 972, which revises the small generator interconnection agreement which declares energy storage as a power source. This order puts energy storage on par with existing generators. This paper will discuss the implementation of FERC’s Pay for Performance Regulation order at all ISOs in the U.S. under FERC regulatory authority (this excludes ERCOT). Also discussed will be the market impacts and overall impacts on the NERC regulation performance indexes. The paper will end with a discussion on the California and Ontario, Canada procurement mandates and the opportunity that it may present to the energy storage industry.

  8. Tips for Marketing Your Program in Today's Competitive Environment.

    ERIC Educational Resources Information Center

    Hosler, Mary Margaret; Jacobson, Thoams; James, Marcia L.

    2003-01-01

    Makes suggestions for recruiting middle or high school students into business and marketing education programs. Lists techniques to boost enrollment that were identified in survey responses from 147 of 512 Wisconsin business education chairs. Discusses the benefits of student organizations. (JOW)

  9. Competitive actions of small firms in a declining market

    Treesearch

    Matthew Bumgardner; Urs Buehlmann; Albert Schuler; Jeff. Crissey

    2011-01-01

    Small firms, through their flexibility advantages and closeness to customers, potentially can increase their sales volume in economic downturns. The decline in U.S. housing construction (beginning in 2006) provided an opportunity to develop and test four hypotheses predicting the attributes and marketing actions associated with successful companies supplying housing...

  10. Market Competitiveness Evaluation of Mechanical Equipment with a Pairwise Comparisons Hierarchical Model.

    PubMed

    Hou, Fujun

    2016-01-01

    This paper provides a description of how market competitiveness evaluations concerning mechanical equipment can be made in the context of multi-criteria decision environments. It is assumed that, when we are evaluating the market competitiveness, there are limited number of candidates with some required qualifications, and the alternatives will be pairwise compared on a ratio scale. The qualifications are depicted as criteria in hierarchical structure. A hierarchical decision model called PCbHDM was used in this study based on an analysis of its desirable traits. Illustration and comparison shows that the PCbHDM provides a convenient and effective tool for evaluating the market competitiveness of mechanical equipment. The researchers and practitioners might use findings of this paper in application of PCbHDM.

  11. Market Competitiveness Evaluation of Mechanical Equipment with a Pairwise Comparisons Hierarchical Model

    PubMed Central

    Hou, Fujun

    2016-01-01

    This paper provides a description of how market competitiveness evaluations concerning mechanical equipment can be made in the context of multi-criteria decision environments. It is assumed that, when we are evaluating the market competitiveness, there are limited number of candidates with some required qualifications, and the alternatives will be pairwise compared on a ratio scale. The qualifications are depicted as criteria in hierarchical structure. A hierarchical decision model called PCbHDM was used in this study based on an analysis of its desirable traits. Illustration and comparison shows that the PCbHDM provides a convenient and effective tool for evaluating the market competitiveness of mechanical equipment. The researchers and practitioners might use findings of this paper in application of PCbHDM. PMID:26783751

  12. TVA and restructuring: Will more competitive markets put TVA on the ropes. [Tennessee Valley Authority (TVA)

    SciTech Connect

    Pulsipher, A.G. )

    1991-06-01

    This article examines the financial standing of the Tennessee Valley Authority (TVA),its recent restructuring and the competitive pressures that may undermine its share of the power generation market. Topics reviewed are TVA's stable rate goals, competitive position, what if TVA can not compete, be the first to bail out, two arguments for optimism, contingency planning, selling power outside the Tennessee Valley Region, and the Rural Electrification Administration model.

  13. Is Donor Service Area Market Competition Associated With Organ Procurement Organization Performance?

    PubMed

    Adler, Joel T; Yeh, Heidi; Markmann, James F; Axelrod, David A

    2016-06-01

    Organ procurement organizations (OPOs) are currently evaluated on donation rates and number of organs per donor. However, there is significant variability in market characteristics which affect transplant programs' donor organ acceptance practices and OPOs' ability to successfully place higher risk organs. The impact of transplant market characteristics on OPO performance metrics has not been evaluated. The OPO performance measures were correlated annually with the Herfindahl Hirschman Index, a standard measure of market competition for centers within the OPO donor service areas from 2003 to 2011. More competitive donor service areas were associated with increased number of donors (P = 0.01) and eligible deaths (P < 0.001). Market competition was associated with increased use of high Donor Risk Index for kidney (P = 0.03) and liver (P = 0.01) allografts. The OPOs with increased competition in liver transplant also were noted to have a higher donor conversion rate (P < 0.001), more donors per million population (P < 0.001), and a higher utilization rate for liver allografts (P = 0.007). These data suggest that proposals to increase district size to increase competition among transplant programs could result in improved organ utilization over time by incentivizing the use of marginal donor organs and increasing access to transplantation.

  14. Academic health centers on the front lines: survival strategies in highly competitive markets.

    PubMed

    Blumenthal, D; Weissman, J S; Griner, P F

    1999-09-01

    The authors describe approaches that five academic health centers (AHCs) have taken to reduce costs, enhance quality, or improve their market positions since the onset of price competition and managed care. The five AHCs, all on the West Coast, were selected for study because they (1) are located in markets that had been highly competitive for the longest time; (2) are committed to all the major missions of AHCs; and (3) own or substantially control their major clinical teaching facilities. The study findings reflect the status of the five AHCs during the fall of 1998. Although some findings may no longer be current (especially in light of ongoing implementation of the Balanced Budget Act of 1997), they still provide insights into the options and opportunities available to many AHCs in highly competitive markets. The authors report on the institutions' financial viability (positive), levels of government support (advantageous), and competition from other AHCs (modest). They outline the study AHCs' survival strategies in three broad areas: increasing revenues via exploiting market niches, reducing costs, and reorganizing to improve internal governance and decision making. They also report how marketplace competition and the strategies the AHCs used to confront it have affected the AHCs' missions. The authors summarize the outstanding lessons that all AHCs can learn from the experiences of the AHCs studied, although adding that AHCs in other parts of the country should use caution in looking to the West Coast AHCs for answers.

  15. Temporal Analysis of Market Competition and Density in Renal Transplantation Volume and Outcome.

    PubMed

    Adler, Joel T; Yeh, Heidi; Markmann, James F; Nguyen, Louis L

    2016-03-01

    Kidney transplant centers are distributed unevenly throughout 58 donor service areas (DSAs) in the United States. Market competition and transplant center density may affect transplantation access and outcomes. We evaluated the role of spatial organization of transplant centers in conjunction with market competition in the conduct of kidney transplantation. The Scientific Registry of Transplant Recipients was queried for market characteristics associated with kidney transplantation between 2003 and 2012. Market competition was calculated using the Herfindahl Hirschman Index. Kidney transplant centers were geocoded to measure spatial organization by the average nearest neighbor (ANN) method. Kidney quality was assessed by kidney donor risk index. A hierarchical negative binomial mixed effects model tested the relationship between market characteristics and annual kidney transplants by DSA. About 152,071 kidney transplants were performed at 229 adult kidney transplant centers in 58 DSAs. Greater market competition was associated with kidney transplant center spatial clustering (P < 0.001). In multivariable analysis, more kidney transplant centers (incidence rate ratio [IRR], 1.04; P = 0.005), 100 more new listings (IRR, 1.02; P = 0.003), 100 more deceased donors (IRR, 1.23; P < 0.001), 100 more new dialysis registrants (IRR, 1.01; P < 0.001), and higher kidney donor risk index (IRR, 1.98; P < 0.001) were associated with increased kidney transplants. After controlling for market characteristics, larger numbers of kidney transplant centers were associated with more kidney transplants and increased utilization of deceased donor kidneys. This underlines the importance of understanding geography as well as competition in improving access to kidney transplantation.

  16. Future Market Share of Space Solar Electric Power Under Open Competition

    NASA Astrophysics Data System (ADS)

    Smith, S. J.; Mahasenan, N.; Clarke, J. F.; Edmonds, J. A.

    2002-01-01

    This paper assesses the value of Space Solar Power deployed under market competition with a full suite of alternative energy technologies over the 21st century. Our approach is to analyze the future energy system under a number of different scenarios that span a wide range of possible future demographic, socio-economic, and technological developments. Scenarios both with, and without, carbon dioxide concentration stabilization policies are considered. We use the comprehensive set of scenarios created for the Intergovernmental Panel on Climate Change Special Report on Emissions Scenarios (Nakicenovic and Swart 2000). The focus of our analysis will be the cost of electric generation. Cost is particularly important when considering electric generation since the type of generation is, from a practical point of view, largely irrelevant to the end-user. This means that different electricity generation technologies must compete on the basis of price. It is important to note, however, that even a technology that is more expensive than average can contribute to the overall generation mix due to geographical and economic heterogeneity (Clarke and Edmonds 1993). This type of competition is a central assumption of the modeling approach used here. Our analysis suggests that, under conditions of full competition of all available technologies, Space Solar Power at 7 cents per kW-hr could comprise 5-10% of global electric generation by the end of the century, with a global total generation of 10,000 TW-hr. The generation share of Space Solar Power is limited due to competition with lower-cost nuclear, biomass, and terrestrial solar PV and wind. The imposition of a carbon constraint does not significantly increase the total amount of power generated by Space Solar Power in cases where a full range of advanced electric generation technologies are also available. Potential constraints on the availability of these other electric generation options can increase the amount of

  17. Equilibrium transition from centralization to competitive market: Stochastic approach

    SciTech Connect

    Arkin, V.; Slastnikov, A.

    1994-12-31

    The paper deals with modelling changes of economic mechanism. Unlike most of the dynamic equilibrium models, both producers and consumers in our model act under budget restrictions. We associate different principles of budgets forming with different economic mechanisms and state a problem of transition from one economic mechanism to another. We focus on the following two mechanisms. The first one assumes the presence of Central Planning Board ({open_quotes}the State{close_quotes}) and may identify with centralized (state controlled) economy. Under the second mechanism, the role of the State is eliminated and its distributive functions are moved to the Market. In the framework of dynamic equilibrium theory we pro pose a model of gradual transition from economy with centralized budgets regulation to market economy. It is assumed that information about possible change of economic mechanism affects essentially on behavior of agents. Duration of transition period is regarded as a random variable. We study conditions when such transition allows firms to adapt their plans to future markets and guarantees the existence of equilibrium paths. The case of Shock (instantaneous transition), which may bring bankruptcy, jump of prices and deficit, is also discussed.

  18. Distributed Energy Resources Market Diffusion Model

    SciTech Connect

    Maribu, Karl Magnus; Firestone, Ryan; Marnay, Chris; Siddiqui,Afzal S.

    2006-06-16

    Distributed generation (DG) technologies, such as gas-fired reciprocating engines and microturbines, have been found to be economically beneficial in meeting commercial-sector electrical, heating, and cooling loads. Even though the electric-only efficiency of DG is lower than that offered by traditional central stations, combined heat and power (CHP) applications using recovered heat can make the overall system energy efficiency of distributed energy resources (DER) greater. From a policy perspective, however, it would be useful to have good estimates of penetration rates of DER under various economic and regulatory scenarios. In order to examine the extent to which DER systems may be adopted at a national level, we model the diffusion of DER in the US commercial building sector under different technical research and technology outreach scenarios. In this context, technology market diffusion is assumed to depend on the system's economic attractiveness and the developer's knowledge about the technology. The latter can be spread both by word-of-mouth and by public outreach programs. To account for regional differences in energy markets and climates, as well as the economic potential for different building types, optimal DER systems are found for several building types and regions. Technology diffusion is then predicted via two scenarios: a baseline scenario and a program scenario, in which more research improves DER performance and stronger technology outreach programs increase DER knowledge. The results depict a large and diverse market where both optimal installed capacity and profitability vary significantly across regions and building types. According to the technology diffusion model, the West region will take the lead in DER installations mainly due to high electricity prices, followed by a later adoption in the Northeast and Midwest regions. Since the DER market is in an early stage, both technology research and outreach programs have the potential to increase

  19. Evaluate energy at its market value

    SciTech Connect

    Bell, L.A. Jr.

    1982-07-01

    Two utilities now use the market value of energy in their engineering studies. It is much easier to calculate the value of power with this approach than with conventional methods, and far fewer assumptions are required. The logic of this method should make results much easier to defend to management and before regulatory commissions. Also, since value of power is easier to calculate, it can be updated frequently and the most current value used in studies, thus improving the accuracy of management decisions.

  20. High Generic Drug Prices and Market Competition: A Retrospective Cohort Study.

    PubMed

    Dave, Chintan V; Kesselheim, Aaron S; Fox, Erin R; Qiu, Peihua; Hartzema, Abraham

    2017-08-01

    Prices for some generic drugs have increased in recent years, adversely affecting patients who rely on them. To determine the association between market competition levels and the change in generic drug prices in the United States. Retrospective cohort study. Prescription claims from commercial health plans between 2008 and 2013. The 5.5 years of data were divided into 11 study periods of 6 months each. The Herfindahl-Hirschman Index (HHI)-calculated by summing the squares of individual manufacturers' market shares, with higher values indicating a less competitive market-and average drug prices were estimated for the generic drugs in each period. The HHI value estimated in the baseline period (first half of 2008) was modeled as a fixed covariate. Models estimated price changes over time by level of competition, adjusting for drug shortages, market size, and dosage forms. From 1.08 billion prescription claims, a cohort of 1120 generic drugs was identified. After adjustment, drugs with quadropoly (HHI value of 2500, indicating relatively high levels of competition), duopoly (HHI value of 5000), near-monopoly (HHI value of 8000), and monopoly (HHI value of 10 000) levels of baseline competition were associated with price changes of -31.7% (95% CI, -34.4% to -28.9%), -11.8% (CI, -18.6% to -4.4%), 20.1% (CI, 5.5% to 36.6%), and 47.4% (CI, 25.4% to 73.2%), respectively, over the study period. Study findings may not be generalizable to drugs that became generic after 2008. Market competition levels were associated with a change in generic drug prices. Such measurements may be helpful in identifying older prescription drugs at higher risk for price change in the future. None.

  1. Impact of hospital market competition on endovascular aneurysm repair adoption and outcomes.

    PubMed

    Sethi, Rosh K V; Henry, Antonia J; Hevelone, Nathanael D; Lipsitz, Stuart R; Belkin, Michael; Nguyen, Louis L

    2013-09-01

    The share of total abdominal aortic aneurysm (AAA) repairs performed by endovascular aneurysm repair (EVAR) increased rapidly from 32% in 2001 to 65% in 2006 with considerable variation between states. We hypothesized that hospitals in competitive markets were early EVAR adopters and had improved AAA repair outcomes. Nationwide Inpatient Sample and linked Hospital Market Structure (HMS) data was queried for patients who underwent repair for nonruptured AAA in 2003. In HMS, the Herfindahl Hirschman Index (HHI, range 0-1) is a validated and widely accepted economic measure of competition. Hospital markets were defined using a variable geographic radius that encompassed 90% of discharged patients. We conducted bivariate and multivariable linear and logistic regression analyses for the dependent variable of EVAR use. A propensity score-adjusted multivariable logistic regression model was used to control for treatment bias in the assessment of competition on AAA repair outcomes. A weighted total of 21,600 patients was included in our analyses. Patients at more competitive hospitals (lower HHI) were at increased odds of undergoing EVAR vs open repair (odds ratio, 1.127 per 0.1 decrease in HHI; P < .0127) after adjusting for patient demographics, comorbidities, and hospital level factors (bed size, teaching status, AAA repair volume, and ownership). Competition was not associated with differences in in-hospital mortality or vascular, neurologic, or other minor postoperative complications. Greater hospital competition is significantly associated with increased EVAR adoption at a time when diffusion of this technology passed its tipping point. Hospital competition does not influence post-AAA repair outcomes. These results suggest that adoption of novel vascular technology is not solely driven by clinical indications but may also be influenced by market forces. Copyright © 2013 Society for Vascular Surgery. Published by Mosby, Inc. All rights reserved.

  2. Analysis of the Chinese Market for Building Energy Efficiency

    SciTech Connect

    Yu, Sha; Evans, Meredydd; Shi, Qing

    2014-03-20

    . This chapter examines insulation in walls and roofs; efficient windows and doors; heating, air conditioning and controls; and lighting. These markets have seen significant growth because of the strength of the construction sector but also the specific policies that require and promote efficient building components. At the same time, as requirements have become more stringent, there has been fierce competition, and quality has at time suffered, which in turn has created additional challenges. Next we examine existing buildings in chapter four. China has many Soviet-style, inefficient buildings built before stringent requirements for efficiency were more widely enforced. As a result, there are several specific market opportunities related to retrofits. These fall into two or three categories. First, China now has a code for retrofitting residential buildings in the north. Local governments have targets of the number of buildings they must retrofit each year, and they help finance the changes. The requirements focus on insulation, windows, and heat distribution. Second, the Chinese government recently decided to increase the scale of its retrofits of government and state-owned buildings. It hopes to achieve large scale changes through energy service contracts, which creates an opportunity for energy service companies. Third, there is also a small but growing trend to apply energy service contracts to large commercial and residential buildings. This report assesses the impacts of China’s policies on building energy efficiency. By examining the existing literature and interviewing stakeholders from the public, academic, and private sectors, the report seeks to offer an in-depth insights of the opportunities and barriers for major market segments related to building energy efficiency. The report also discusses trends in building energy use, policies promoting building energy efficiency, and energy performance contracting for public building retrofits.

  3. Market Competition and Density in Liver Transplantation: Relationship to Volume and Outcomes.

    PubMed

    Adler, Joel T; Yeh, Heidi; Markmann, James F; Nguyen, Louis L

    2015-08-01

    Liver transplantation centers are unevenly distributed within the Donor Service Areas (DSAs) of the United States. This study assessed how market competition and liver transplantation center density are associated with liver transplantation volume within individual DSAs. We conducted a retrospective cohort study of 53,156 adult liver transplants in 45 DSAs with 110 transplantation centers identified from the Scientific Registry of Transplant Recipients between 2003 and 2012. The following measures were derived annually for each DSA: market competition using the Herfindahl Hirschman Index, transplantation center density by the Average Nearest Neighbor method, liver quality by the Liver Donor Risk Index, and patient risk by the Model for End-Stage Liver Disease. A hierarchical mixed effects negative binomial regression model of the relationship between liver transplants and market factors was created annually. Patient and graft survival were investigated with a Cox proportional hazards model. Transplantation center density was associated with market competition (p < 0.0001), listings for organ transplantation (p < 0.0001), and Model for End-Stage Liver Disease at transplantation (p = 0.0005). More liver transplantation centers (incidence rate ratio [IRR] = 1.03; p = 0.04), greater market competition (IRR = 1.36; p = 0.02), increased listings (IRR = 1.14; p < 0.0001), more donors (IRR = 1.24; p < 0.0001), and higher Liver Donor Risk Index (IRR = 3.35; p < 0.0001) were associated with more transplants. No market variables were associated with increased mortality after transplantation. After controlling for demographic and market factors, a greater concentration of centers was associated with more liver transplants without impacting overall survival. These results warrant additional investigation into the relationship between geospatial factors and liver transplantation volume with consideration for the optimization of scarce resources. Copyright © 2015 American

  4. Strategies to enhance price and quality competition in health care: lessons learned from tracking local markets.

    PubMed

    Lesser, Cara S; Ginsburg, Paul B

    2006-06-01

    Drawing on observations from tracking changes in local health care markets over the past ten years, this article critiques two Federal Trade Commission and Department of Justice recommendations to enhance price and quality competition. First, we take issue with the notion that consumers, acting independently, will drive greater competition in health care markets. Rather we suggest an important role remains for trusted agents who can analyze inherently complex price and quality information and negotiate on consumers' behalf. With aggregated information identifying providers who deliver cost-effective care, consumers would be better positioned to respond to financial incentives about where to seek care and thereby drive more meaningful competition among providers to reduce costs and improve quality. Second, we take issue with the FTC/DOJ recommendation to provide more direct subsidies to prevent distortions in competition. In the current political environment, it is not practical to provide direct subsidies for all of the unfunded care that exists in health care markets today; instead, some interference with competition may be necessary to protect cross subsidies. Barriers can be reduced, though, by revising pricing policies that have resulted in marked disparities in the relative profitability of different services.

  5. Exploring Market and Competitive Intelligence Research as a Source for Enhancing Innovation Capacity

    ERIC Educational Resources Information Center

    Bajaj, Deepak

    2015-01-01

    The purpose of this study was to assess the role of Competitive and Market Intelligence (CI/MI) Research as a potential source for improving the innovation capability of Small and Medium Enterprises (SME's) leading to successful new product/services/processes/capabilities development (Cooper & Edgett, 2002). This report highlights the…

  6. Open Competition or Balkanized Coexistence? the Effects of Market Segments on Toronto Private Schools

    ERIC Educational Resources Information Center

    Pizarro Milian, Roger; Davies, Scott

    2017-01-01

    For over 25 years, school choice advocates have argued that market competition drives educational organizations to become more differentiated and technically-oriented. However, empirical research has only partially supported this view, observing such outcomes only under certain conditions. To better understand the contingent nature of market…

  7. "Every Kid Is Money": Market-Like Competition and School Leader Strategies in New Orleans

    ERIC Educational Resources Information Center

    Jabbar, Huriya

    2015-01-01

    One of the primary aims of choice policies is to introduce competition between schools. When parents can choose where to send their children, there is pressure on schools to improve to attract and retain students. However, do school leaders recognize market pressures? What strategies do they use in response? This study examines how choice creates…

  8. Optimizing Product Attributes to Gain Competitive Advantage in Markets for Hardwood Lumber

    Treesearch

    Robert J. Bush; Philip A. Araman

    1990-01-01

    One of the ways in which wood-based companies can gain competitive advantage is to concentrate on a particular segment of the market for their products. By meeting the needs of this segment better than its competitors, a company can create switching costs, develop customer loyalty, and the increase profit margins. This article describes a study that was conducted that...

  9. Students' Use of Extra-Curricular Activities for Positional Advantage in Competitive Job Markets

    ERIC Educational Resources Information Center

    Roulin, Nicolas; Bangerter, Adrian

    2013-01-01

    With the rise of mass higher education, competition between graduates in the labour market is increasing. Students are aware that their degree will not guarantee them a job and realise they should add value and distinction to their credentials to achieve a positional advantage. Participation in extra-curricular activities (ECAs) is one such…

  10. Competitive Incentives and the Education Market: How Charter Schools Define Themselves in Metropolitan Detroit

    ERIC Educational Resources Information Center

    Lubienski, Christopher; Lee, Jin

    2016-01-01

    Policymakers often advance charter schools as an education reform model that can offer more diverse educational alternatives for families. Yet, as these schools compete for students, questions arise about how they respond to the competitive incentives in differentiating themselves through marketing distinct options for learners. The way these…

  11. Changing Facets of Korean Higher Education: Market Competition and the Role of the State

    ERIC Educational Resources Information Center

    Kim, Sunwoong; Lee, Ju-Ho

    2006-01-01

    During the past several decades, the Korean higher education sector has experienced tremendous expansion, while the quality of teaching and research has not improved very much. Despite the fact that higher education had to rely on the private sector for most of its finance and provision, market competition among higher education institutions has,…

  12. Competitive Incentives and the Education Market: How Charter Schools Define Themselves in Metropolitan Detroit

    ERIC Educational Resources Information Center

    Lubienski, Christopher; Lee, Jin

    2016-01-01

    Policymakers often advance charter schools as an education reform model that can offer more diverse educational alternatives for families. Yet, as these schools compete for students, questions arise about how they respond to the competitive incentives in differentiating themselves through marketing distinct options for learners. The way these…

  13. "Every Kid Is Money": Market-Like Competition and School Leader Strategies in New Orleans

    ERIC Educational Resources Information Center

    Jabbar, Huriya

    2015-01-01

    One of the primary aims of choice policies is to introduce competition between schools. When parents can choose where to send their children, there is pressure on schools to improve to attract and retain students. However, do school leaders recognize market pressures? What strategies do they use in response? This study examines how choice creates…

  14. Students' Use of Extra-Curricular Activities for Positional Advantage in Competitive Job Markets

    ERIC Educational Resources Information Center

    Roulin, Nicolas; Bangerter, Adrian

    2013-01-01

    With the rise of mass higher education, competition between graduates in the labour market is increasing. Students are aware that their degree will not guarantee them a job and realise they should add value and distinction to their credentials to achieve a positional advantage. Participation in extra-curricular activities (ECAs) is one such…

  15. U. S. -Japanese energy relations: Cooperation and competition

    SciTech Connect

    Ebinger, C.K.; Morse, R.A.

    1984-01-01

    This collection of original papers highlights the major problems and challenges that lie ahead in U.S.-Japanese energy relations. Energy cooperation, both through joint projects and bilateral planning, has become an important barometer of the U.S. diplomatic relationship with Japan, as evidenced by the high-level U.S.-Japan Energy Working Group set up in January 1984 following Prime Minister Nakasone's visit to Washington. Contributions to this book detail the problems posed by energy security differences and uncertain oil markets; U.S. crude oil exports to Japan; and nuclear, coal solar-energy; and they consider the prospects for conflict over investment in Siberia and Asia.

  16. US-Japanese energy relations: cooperation and competition

    SciTech Connect

    Ebinger, C.K.; Morse, R.A.

    1984-01-01

    Highlighting the major problems and challenges that lie ahead in US-Japanese energy relations, this book explores energy cooperation, both through joint projects and bilateral planning, that have become an important barometer of the two countries' diplomatic relationship. The contributors discuss in detail the problems posed by energy security differences and uncertain oil markets; US crude oil exports to Japan, nuclear, coal, and solar cooperation; and the prospects for conflict over investment in Siberia and Asia. A separate abstract was prepared for 12 papers selected for the Energy Data Base (EDB) and Energy Abstracts for Policy Analysis (EAPA).

  17. Impact of energy prices on agricultural and energy markets: an integrated modeling approach

    EPA Science Inventory

    The accelerated growth in biofuels markets has both created and reinforced linkages between agricultural and energy markets. This study investigates the dynamics in biofuel and agricultural markets under alternative price scenarios for both crude oil and natural gas. Two energy ...

  18. Impact of energy prices on agricultural and energy markets: an integrated modeling approach

    EPA Science Inventory

    The accelerated growth in biofuels markets has both created and reinforced linkages between agricultural and energy markets. This study investigates the dynamics in biofuel and agricultural markets under alternative price scenarios for both crude oil and natural gas. Two energy ...

  19. Identifying and prioritizing industry-level competitiveness factors: evidence from pharmaceutical market.

    PubMed

    Shabaninejad, Hosein; Mehralian, Gholamhossein; Rashidian, Arash; Baratimarnani, Ahmad; Rasekh, Hamid Reza

    2014-04-03

    Pharmaceutical industry is knowledge-intensive and highly globalized, in both developed and developing countries. On the other hand, if companies want to survive, they should be able to compete well in both domestic and international markets. The main purpose of this paper is therefore to develop and prioritize key factors affecting companies' competitiveness in pharmaceutical industry. Based on an extensive literature review, a valid and reliable questionnaire was designed, which was later filled up by participants from the industry. To prioritize the key factors, we used the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS). The results revealed that human capital and macro-level policies were two key factors placed at the highest rank in respect of their effects on the competitiveness considering the industry-level in pharmaceutical area. This study provides fundamental evidence for policymakers and managers in pharma context to enable them formulating better polices to be proactively competitive and responsive to the markets' needs.

  20. Government policy and market penetration opportunities for US renewable energy technology in India and Pakistan

    SciTech Connect

    Sathaye, J.; Weingart, J.M.

    1988-01-01

    Some US renewable energy industries are now looking abroad, especially to the rapidly developing Asia-Pacific region, in order to increase sales and expand markets. The developing world appears in principle to be an important market for renewable energy technologies. These international markets have proven extremely difficult to penetrate, and the US competitive position is threatened by strong, well-organized, government-supported competition from Japan and Western Europe. For example, US photovoltaic manufacturers held 80% of the world PV market in 1980; today their market share is down to 35%. Less developed countries (LDCs) present a potentially significant but highly elusive market for renewable energy technologies. This market may develop for three major reasons; the shortage of electricity supply and the high cost of grid extension to rural areas, the high cost of oil imports and the scarcity of light oil products, and the gradual replacement of traditional fuels with modern ones. The focus of this report is on the policies and attitudes of national and regional governments in India and Pakistan towards renewable energy technology and how these policies and attitudes affect the potential for penetration of these markets by US industry. We have attempted to provide some useful insight into the actual market environment in India and Pakistan rather than just report on official laws, regulations, and policies. The report also examines the economics of technologies in comparison with more traditional sources of energy. It concentrates primarily on technologies, such as photovoltaics and wind electric systems, that would benefit from foreign participation, but also identifies potential market opportunities for advanced solar desalination and other renewable energy technologies. 31 refs.

  1. Government policy and market penetration opportunities for US renewable energy technology in India and Pakistan

    SciTech Connect

    Sathaye, J.; Weingart, J.M.

    1988-01-01

    Some US renewable energy industries are now looking abroad, especially to the rapidly developing Asia-Pacific region, in order to increase sales and expand markets. The developing world appears in principle to be an important market for renewable energy technologies. These international markets have proven extremely difficult to penetrate, and the US competitive position is threatened by strong, well-organized, government-supported competition from Japan and Western Europe. For example, US photovoltaic manufacturers held 80% of the world PV market in 1980; today their market share is down to 35%. Less developed countries (LDCs) present a potentially significant but highly elusive market for renewable energy technologies. This market may develop for three major reasons; the shortage of electricity supply and the high cost of grid extension to rural areas, the high cost of oil imports and the scarcity of light oil products, and the gradual replacement of traditional fuels with modern ones. The focus of this report is on the policies and attitudes of national and regional governments in India and Pakistan towards renewable energy technology and how these policies and attitudes affect the potential for penetration of these markets by US industry. We have attempted to provide some useful insight into the actual market environment in India and Pakistan rather than just report on official laws, regulations, and policies. The report also examines the economics of technologies in comparison with more traditional sources of energy. It concentrates primarily on technologies, such as photovoltaics and wind electric systems, that would benefit from foreign participation, but also identifies potential market opportunities for advanced solar desalination and other renewable energy technologies. 31 refs.

  2. The Influence of Hospital Market Competition on Patient Mortality and Total Performance Score.

    PubMed

    Haley, Donald Robert; Zhao, Mei; Spaulding, Aaron; Hamadi, Hanadi; Xu, Jing; Yeomans, Katelyn

    2016-01-01

    The Affordable Care Act of 2010 launch of Medicare Value-Based Purchasing has become the platform for payment reform. It is a mechanism by which buyers of health care services hold providers accountable for high-quality and cost-effective care. The objective of the study was to examine the relationship between quality of hospital care and hospital competition using the quality-quantity behavioral model of hospital behavior. The quality-quantity behavioral model of hospital behavior was used as the conceptual framework for this study. Data from the American Hospital Association database, the Hospital Compare database, and the Area Health Resources Files database were used. Multivariate regression analysis was used to examine the effect of hospital competition on patient mortality. Hospital market competition was significantly and negatively related to the 3 mortality rates. Consistent with the literature, hospitals located in more competitive markets had lower mortality rates for patients with acute myocardial infarction, heart failure, and pneumonia. The results suggest that hospitals may be more readily to compete on quality of care and patient outcomes. The findings are important because policies that seek to control and negatively influence a competitive hospital environment, such as Certificate of Need legislation, may negatively affect patient mortality rates. Therefore, policymakers should encourage the development of policies that facilitate a more competitive and transparent health care marketplace to potentially and significantly improve patient mortality.

  3. Influence of Market Competition on Tetracycline Pricing and Impact of Price Increases on Clinician Prescribing Behavior.

    PubMed

    Barbieri, John S; Margolis, David J; Brod, Bruce A

    2017-08-22

    Oral tetracyclines are commonly used for acne and other conditions. Recent generic price increases threaten access to these medications. Using the OptumInsight™ Clinformatics™ DataMart, we retrospectively evaluated the underlying factors behind these price increases for oral tetracylines using the framework of a competitive market and evaluated the impact of these price increases on prescribing practices. Between 2011 and 2013, the mean cost of doxycycline hyclate prescriptions increased from $7.16 to $139.89 and the mean out-of-pocket cost increased by $9.69. A comparable cost increase was not observed for doxycycline monohydrate or minocycline. There was no significant association between the cost of doxycycline hyclate and market concentration as assessed by the Herfindahl-Hirschman index (β=0.030, 95% CI -0.019 to 0.079, p=0.213) and the market was highly concentrated throughout the study period. The percentage of prescriptions for doxycycline hyclate decreased by 1.9% from 2011 to 2013. This dramatic increase in the cost of doxycycline hyclate is not easily explained using the framework of a competitive market, suggesting non-competitive market forces may be responsible. In addition, clinicians have not altered their prescribing behavior in response to this price increase, suggesting that clinician or pharmacy level interventions could potentially increase utilization of less costly substitutes. Copyright © 2017 The Authors. Published by Elsevier Inc. All rights reserved.

  4. Competition in hospital and health insurance markets: a review and research agenda.

    PubMed

    Morrisey, M A

    2001-04-01

    To review the empirical literature on the effects of selective contracting and hospital competition on hospital prices, travel distance, services, and quality; to review the effects of managed care penetration and competition on health insurance premiums; and to identify areas for further research. Selective contracting has allowed managed care plans to obtain lower prices from hospitals. This finding is generalizable beyond California and is stronger when there is more competition in the hospital market. Travel distances to hospitals of admission have not increased as a result of managed care. Evidence on the diffusion of technology in hospitals and the extent to which hospitals have specialized as a result of managed care is mixed. Little research on the effects on quality has been undertaken, but preliminary evidence suggests that hospital quality has not declined and may have improved. Actual mergers in the hospital market have not affected hospital prices. Much less research has been focused on managed care markets. Greater market penetration and greater competition among managed care plans are associated with lower managed care premiums. Greater HMO penetration appears to be much more effective than PPO penetration in leading to lower premiums. While workers are willing to change plans when faced with higher out-of-pocket premiums, there is little evidence of the willingness of employers to switch plan offerings. Preliminary evidence suggests that greater managed care penetration has led to lower overall employer premiums, but the results differ substantially between employers with and without a self-insured plan. Much more research is needed to examine all aspects of managed care markets. In hospital markets, particular attention should be focused on the effects on quality and technology diffusion.

  5. Competition in hospital and health insurance markets: a review and research agenda.

    PubMed Central

    Morrisey, M A

    2001-01-01

    OBJECTIVES: To review the empirical literature on the effects of selective contracting and hospital competition on hospital prices, travel distance, services, and quality; to review the effects of managed care penetration and competition on health insurance premiums; and to identify areas for further research. PRINCIPAL FINDINGS: Selective contracting has allowed managed care plans to obtain lower prices from hospitals. This finding is generalizable beyond California and is stronger when there is more competition in the hospital market. Travel distances to hospitals of admission have not increased as a result of managed care. Evidence on the diffusion of technology in hospitals and the extent to which hospitals have specialized as a result of managed care is mixed. Little research on the effects on quality has been undertaken, but preliminary evidence suggests that hospital quality has not declined and may have improved. Actual mergers in the hospital market have not affected hospital prices. Much less research has been focused on managed care markets. Greater market penetration and greater competition among managed care plans are associated with lower managed care premiums. Greater HMO penetration appears to be much more effective than PPO penetration in leading to lower premiums. While workers are willing to change plans when faced with higher out-of-pocket premiums, there is little evidence of the willingness of employers to switch plan offerings. Preliminary evidence suggests that greater managed care penetration has led to lower overall employer premiums, but the results differ substantially between employers with and without a self-insured plan. CONCLUSIONS: Much more research is needed to examine all aspects of managed care markets. In hospital markets, particular attention should be focused on the effects on quality and technology diffusion. PMID:11327174

  6. Competitive Electricity Markets and System Reliability: The Case for New England's Proposed Locational Capacity Market

    SciTech Connect

    Farr, John G.; Felder, Frank A.

    2005-10-01

    Clear evidence exists that the existing wholesale markets in New England are failing to provide sufficient incentives to invest. The ISO-NE LICAP proposal is designed to ensure that New England markets attract sufficient generation resources to protect reliability while being mindful of the added cost burden that it will produce.

  7. A Dynamic Competition Simulation for Worldwide Big-size TV Market Using Lotka-Volterra Model

    NASA Astrophysics Data System (ADS)

    Chen, Wu-Tung Terry; Li, Yiming; Hung, Chih-Young

    2009-08-01

    Technological innovation is characterized by the substitution of new technologies for full-fledged ones in the development of new products, processes and techniques. Global TV market is seeing a price down-spiral for FPD(Flat Panel Display)-TVs, replacement of CRT by LCD, and consumer's defection to larger screen. The LCD-TV market started in Japan from 2003 and took off globally from 2005. LCD panel production is moving toward larger sizes. In the 35″-39″ size market, the price/performance ratio of LCD-TV is better than that of PDP. The purpose of this paper is to estimate the demand function of worldwide big-size (35″-39″) TVs including LCD and PDP with an explicit consideration of market competition. The demand function was estimated using Lotka-Volterra model, a famous competitive diffusion model. The results exhibit a kind of predator-prey relationship, in which the PDP market was hunted by LCD product. In addition, the coefficients of difference equations of Lotka-Volterra model in this analysis are also used to forecast the future market of the big-size LCD and PDP.

  8. Renewable energy markets in China: An analysis of renewable energy markets in Guangdong, Jiangxi, Jilin, and Yunnan provinces, with updated information from Beijing

    SciTech Connect

    Vaupen, S.B.

    1999-12-13

    The People's Republic of China has undergone many changes over the past decade that have led to new growth and created opportunities for many industries, including the renewable energy industry. China has consistently had one of the fastest-growing economies in Asia. This report is a continuation of a market assessment done in 1997, which analyzed six provinces (Inner Mongolia, Gansu, Shandong, Qinghai, Xinjiang, and Zhejiang) in China. The information contained in this report comes mainly from interviews conducted with central and local government officials, state and local power bureau officials, and various company executives. The report provides valuable market information necessary for any company interested in entering China's renewable energy market. It also details the legal, competitive, sociocultural, technological, geographic, and economic environments of four provinces in China: Guangdong, Jiangxi, Jilin, and Yunnan. In addition, it outlines the major central government policies and contacts important to renewable energy development within China.

  9. Nonprice Competition and Quality of Care in Managed Care: The New York SCHIP Market

    PubMed Central

    Liu, Hangsheng; Phelps, Charles E

    2008-01-01

    Objective To examine the effect of nonprice competition among managed care plans on the quality of care in the New York SCHIP market. Data Sources U.S. Census 2000; 2002 New York State Managed Care Plan Performance Report; and 2001 New York State Managed Care Annual Enrollment Report. Study Design Each market is defined as a county, and competition is measured as the number of plans in a market. Quality of care is measured in percentages using three Consumer Assessment of Health Plans Survey and three Health Plan Employer Data and Information Set scores. Two-stage least squares is applied to address the endogeneity between competition and the quality of care, using population as an instrument. Principle Findings We find a negative association between competition and quality of care. An additional managed care plan is significantly associated with a decrease of 0.40–2.31 percentage points in four out of six quality measures. After adjusting for production cost, a positive correlation is observed between price and quality measures across different pricing regions. Conclusions It seems likely that pricing policy is a constraint on quality production, although it may not be interpreted as a causal relationship and further study is needed. PMID:18454776

  10. Getting the product right: how competition policy can improve health care markets.

    PubMed

    Sage, William M

    2014-06-01

    As hospital, physician, and health insurance markets consolidate and change in response to health care reform, some commentators have called for vigorous enforcement of the federal antitrust laws to prevent the acquisition and exercise of market power. In health care, however, stricter antitrust enforcement will benefit consumers only if it accounts for the competitive distortions caused by the sector's long history of government regulation. This article directs policy makers to a neglected dimension of health care competition that has been altered by regulation: the product. Competition may have failed to significantly lower costs, increase access, or improve quality in health care because we have been buying and selling the wrong things. Competition policy makers-meaning both antitrust enforcers and regulators-should force the health care industry to define and market products that can be assembled and warranted to consumers while keeping emerging sectors such as mHealth free from overregulation, wasteful subsidy, and appropriation by established insurer and provider interests. Project HOPE—The People-to-People Health Foundation, Inc.

  11. Marketing: an approach to successful energy-conservation information programs

    SciTech Connect

    Hutton, R. B.; McNeill, D. L.

    1980-08-01

    This monograph shows how the adoption of a marketing approach can improve the quality of the development and delivery of energy-conservation programs. Several factors make the use of such a marketing approach to conservation particularly beneficial, namely: (1) goals of conservation programs can be quantified (e.g., specified amount of energy to be saved); in addition, intermediate effects necessary for program success are also measureable (e.g., knowledge, attitude change, etc); (2) there is an apparent and increasing need for conservation by different parts (or sectors) of the population; however, it is clear that the desire for conservation is not the same for all sectors; (3) conservation programs can be thought of in much the same way as products with benefits and costs; this necessitates an understanding of how the population makes conservation decisions so that the program can fit into that decision process; (4) the need to tailor programs to the needs of the population is heightened by the general competition for the consumer dollar; it is necessary to design and present programs in a way that the individual will view conservation as an attractive choice among many (e.g., bank savings, buying clothes, furniture, car, etc.); and (5) the population's response to, and need for conservation is constantly changing; consequently, it is important to realize that these changes may need to be reflected in the conservation programs themselves (both ongoing and new).

  12. [Market and competitive positioning of specialized practices: competitive advantages through strategic productivity planning].

    PubMed

    Räwer, Henrik; Braun von Reinersdorff, A; Ochotta, T; Rasche, C

    2011-12-01

    The provision of outpatient services will be confronted by increased market concentration. Under these circumstances, individual medical practices are predicted to have a minimal chance for survival since by nature the specialized physician can only accommodate the considerably heterogeneous needs of the patients up to justifiable limits. Due to patients' higher rate of mobility in the elective process, specialty physicians in rural areas are obliged to transform their practices into professional service enterprises. While hospitals are attempting to combat a continuing economization of the health care sector, in part by applying aggressive leadership and management methods, an increasing polarization can be noted in the outpatient setting. Also in the field of urology, patients consider themselves medical treatment clients who are unwilling to be relegated to cases of the often criticized"5-minute medicine."

  13. Managerial implications of corporate board involvement and perceived market competition for quality improvement in nursing homes.

    PubMed

    Weech-Maldonado, R; Zinn, J S; Brannon, D

    1999-01-01

    This study examines the relationships among corporate board involvement, total quality management (TQM) adoption, perceived market competition, and the perceived effect of quality improvement (QI) activities for a sample of nursing homes in Pennsylvania. The findings of this study have several implications for healthcare managers interested in maximizing the effectiveness of QI efforts. Board involvement in quality improvement was an important predictor of QI outcomes in the areas of finance, resident care, and human resources. However, TQM adoption had a positive effect on human resources outcomes only. These findings suggest that board involvement in any organized form of QI may be more important than the adoption of a formal TQM program in the nursing home industry. TQM's emphasis on employee empowerment may account for its positive influence on human resources. Perceived competition was associated with better financial outcomes. Low-cost leadership can be a key to survival in more competitive markets, requiring a focus on efficiency and productivity issues in QI efforts. By focusing on process improvement, the facilities may achieve cost reductions that can result in an improved financial position. Facilities perceived to be in more competitive environments were also more likely to adopt TQM. This is consistent with the assertion by resource-dependence theorists that organizations facing competition for resources must be responsive to the needs of resource-providing constituencies.

  14. The association of Nursing Home Compare quality measures with market competition and occupancy rates.

    PubMed

    Castle, Nicholas G; Liu, Darren; Engberg, John

    2008-01-01

    Since 2002, the Centers for Medicare and Medicaid Services have reported quality measures on the Nursing Home Compare Web site. It has been assumed that nursing homes are able to make improvements on these measures. In this study researchers examined nursing homes to see whether they have improved their quality scores, after accounting for regression to the mean. Researchers also examined whether gains varied according to market competition or market occupancy rates. They identified some regression to the mean for the quality measure scores over time; nevertheless, they also determined that some nursing homes had indeed made small improvements in their quality measure scores. As would be predicted based on the market-driven mechanism underlying quality improvements using report cards, the greatest improvements occurred in the most competitive markets and in those with the Lowest average occupancy rates. As policies to promote more competition in Long-term care proceed, further reducing occupancy rates, further, albeit small, quality gains will likely be made in the future.

  15. Analysis of the Russian Market for Building Energy Efficiency

    SciTech Connect

    Lychuk, Taras; Evans, Meredydd; Halverson, Mark A.; Roshchanka, Volha

    2012-12-01

    This report provides analysis of the Russian energy efficiency market for the building sector from the perspective of U.S. businesses interested in exporting relevant technologies, products and experience to Russia. We aim to help U.S. energy efficiency and environmental technologies businesses to better understand the Russian building market to plan their market strategy.

  16. 75 FR 5314 - Suncor Energy Marketing Inc.; Notice of Filing

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-02-02

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Suncor Energy Marketing Inc.; Notice of Filing January 26, 2010. Take notice that on January 13, 2010, Suncor Energy Marketing Inc. (Petitioner) filed a petition for declaratory...

  17. Asymmetric-Structure Analysis of Carbon and Energy Markets

    NASA Astrophysics Data System (ADS)

    Xu, Wei; Cao, Guangxi

    2016-02-01

    This study aimed to investigate the asymmetric structure between the carbon and energy markets from two aspects of different trends (up or down) and volatility-transmission direction using asymmetric detrended cross-correlation analysis (DCCA) cross-correlation coefficient test, multifractal asymmetric DCCA (MF-ADCCA) method, asymmetric volatility-constrained correlation metric and time rate of information-flow approach. We sampled 1283 observations from January 2008 to December 2012 among pairs of carbon and energy markets for analysis. Empirical results show that the (1) asymmetric characteristic from the cross-correlation between carbon and returns in the energy markets is significant, (2) asymmetric cross-correlation between carbon and energy market price returns is persistent and multifractral and (3) volatility of the base assets of energy market returns is more influential to the base asset of the carbon market than that of the energy market.

  18. 77 FR 20375 - Application to Export Electric Energy; Rainbow Energy Marketing Corporation

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-04-04

    ... Application to Export Electric Energy; Rainbow Energy Marketing Corporation AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Rainbow Energy Marketing... directly with Joseph M. Wolfe, Rainbow Energy Marketing Corporation, Kirkwood Office Tower, 919 South 7th...

  19. 78 FR 65978 - Application to Export Electric Energy; Brookfield Energy Marketing Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-11-04

    ... Application to Export Electric Energy; Brookfield Energy Marketing Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Brookfield Energy Marketing Inc... President of Legal Services and General Counsel, Brookfield Energy Marketing Inc., 480 de la Cite Blvd...

  20. Market Brief: Status of the Voluntary Renewable Energy Certificate Market (2011 Data)

    SciTech Connect

    Heeter, J.; Armstrong, P.; Bird, L.

    2012-09-01

    This report documents the status and trends of U.S. 'voluntary' markets -- those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Voluntary REC markets continue to exhibit growth and spur renewable energy development. Voluntary green power markets provide an additional revenue stream for renewable energy projects and raise consumer awareness of the benefits of renewable energy. Although a full estimate of the size of the voluntary market is not available for 2011, this review uses indicative metrics to capture 2011 voluntary market trends.

  1. Market Brief. Status of the Voluntary Renewable Energy Certificate Market (2011 Data)

    SciTech Connect

    Heeter, Jenny; Armstrong, Philip; Bird, Lori

    2012-09-01

    This report documents the status and trends of U.S. 'voluntary' markets -- those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Voluntary REC markets continue to exhibit growth and spur renewable energy development. Voluntary green power markets provide an additional revenue stream for renewable energy projects and raise consumer awareness of the benefits of renewable energy. Although a full estimate of the size of the voluntary market is not available for 2011, this review uses indicative metrics to capture 2011 voluntary market trends.

  2. Energy expenditure during competitive Latin American dancing simulation.

    PubMed

    Massidda, Myosotis; Cugusi, Lucia; Ibba, Maurizio; Tradori, Iosto; Calò, Carla Maria

    2011-12-01

    The aims of this study were to estimate the energy expenditure (EE) and the intensity of physical activity (PA) during a competitive simulation of Latin American dancing and to evaluate the differences in PA and EE values between the sexes, between different dance types, and between the various phases of the competition. Ten Italian dancers (five couples, 5 males and 5 females) competing in Latin American dancing at the international level were examined in this study. The EE (kcal) was measured during the semifinal and final phases of the competition using the SenseWear Pro Armband (SWA). Paired-sample t-tests were used to determine differences in the metabolic equivalent (MET) and EE values between the semifinal and final phases and between each dance. One-way analysis of variance was used to analyze the differences in the MET and EE values between the sexes. The intensity of PA during the dance sequence ranged from moderate (3 to 6 METs) to vigorous (6 to 9 METs). The male dancers had higher EE values than the female dancers during all phases of the simulation. Similar MET values were observed in both sexes. The PA intensity during the finals phase was vigorous for 56% of the time of dance. Of all the dance styles, the rumba had the lowest MET and EE values. Our results demonstrate that competitive Latin American dancing is a heavy exercise and suggest that monitoring variables during normal training can improve training protocols and the dancers' fitness levels.

  3. Framework for State-Level Renewable Energy Market Potential Studies

    EPA Pesticide Factsheets

    This document provides a framework and next steps for state officials who require estimates of renewable energy market potential. The report gives insight into how to conduct a market potential study.

  4. Acquiring competitive power supplies in the new restructured electricity markets -- Aggregation opportunities, choosing the right supplier, and negotiating contracts

    SciTech Connect

    Kelley, K.L.

    1999-07-01

    While demand-side and energy efficiency measures conventionally bring more substantive cost savings than procuring competitive energy supplies, the new opportunity to create added electricity savings has been gaining momentum as deregulated electricity markets mature from their infancy to adolescence. As these markets evolve, more and more small and medium sized facilities are being approached by new entrants to switch electricity providers. Many of these new providers seem to have come from nowhere, while other don't seem any different than the current utility. Managers struggle to find an easy way to validate the claims and promises that often seem too good to be true; no matter how much assistance the incumbent utility offers. This paper will discuss the impact of Customer Choice for electricity as a commodity and will present the key issues that energy decisionmakers will contend with when deciding whether or not to switch. It will also address critical elements vital to contract negotiations that will protect a business' financial risk in the new deregulated market.

  5. The impact of competitive bidding on the market prospects for renewable electric technologies

    SciTech Connect

    Swezey, B G

    1993-09-01

    This report examines issues regarding the ability of renewable-energy-based generation projects to compete fossil-fuel-based projects in competitive bidding solicitations. State and utility bidding results revealed that on a relative basis, utilities contract for less renewable-energy-based capacity under competitive bidding than under past methods of qualifying facility contracting. It was concluded that renewables are not being chosen more often under competitive bidding because it emphasizes price and operating considerations over other attributes of renewables, such as environmental considerations, fuel diversity, and fuel price stability. Examples are given of bidding approaches used by some states and utilities that have resulted in renewables-based projects winning generation bids. In addition, the appendix summarizes, by state, competitive bidding activities and results for supply-side solicitations that were open to all fuels and technologies.

  6. Solar energy market penetration models - Science or number mysticism

    NASA Technical Reports Server (NTRS)

    Warren, E. H., Jr.

    1980-01-01

    The forecast market potential of a solar technology is an important factor determining its R&D funding. Since solar energy market penetration models are the method used to forecast market potential, they have a pivotal role in a solar technology's development. This paper critiques the applicability of the most common solar energy market penetration models. It is argued that the assumptions underlying the foundations of rigorously developed models, or the absence of a reasonable foundation for the remaining models, restrict their applicability.

  7. Interaction of Compliance and Voluntary Renewable Energy Markets

    SciTech Connect

    Bird, Lori; Lokey, Elizabeth

    2007-10-01

    In recent years, both compliance and voluntary markets have emerged to help support the development of renewable energy resources. Both of these markets are growing rapidly and today about half of U.S. states have RPS policies in place, with a number of these policies adopted in the last several years. In addition, many states have recently increased the stringency of their RPS policies. This paper examines key market interaction issues between compliance and voluntary renewable energy markets. It provides an overview of both the compliance and voluntary markets, addressing each market's history, purpose, size, scope, and benefits while addressing issues, including double counting.

  8. Interaction of Compliance and Voluntary Renewable Energy Markets

    SciTech Connect

    Bird, L.; Lokey, E.

    2007-10-01

    In recent years, both compliance and voluntary markets have emerged to help support the development of renewable energy resources. Both of these markets are growing rapidly and today about half of U.S. states have RPS policies in place, with a number of these policies adopted in the last several years. In addition, many states have recently increased the stringency of their RPS policies. This paper examines key market interaction issues between compliance and voluntary renewable energy markets. It provides an overview of both the compliance and voluntary markets, addressing each market's history, purpose, size, scope, and benefits while addressing issues, including double counting.

  9. The Influence of Information Acquisition on the Complex Dynamics of Market Competition

    NASA Astrophysics Data System (ADS)

    Guo, Zhanbing; Ma, Junhai

    In this paper, we build a dynamical game model with three bounded rational players (firms) to study the influence of information on the complex dynamics of market competition, where useful information is about rival’s real decision. In this dynamical game model, one information-sharing team is composed of two firms, they acquire and share the information about their common competitor, however, they make their own decisions separately, where the amount of information acquired by this information-sharing team will determine the estimation accuracy about the rival’s real decision. Based on this dynamical game model and some creative 3D diagrams, the influence of the amount of information on the complex dynamics of market competition such as local dynamics, global dynamics and profits is studied. These results have significant theoretical and practical values to realize the influence of information.

  10. Managing the market. Focusing on a select group of customers can keep an organization competitive.

    PubMed

    MacStravic, R S

    1989-05-01

    The real challenge in healthcare marketing today is managing markets, focusing on selected groups of customers rather than on the organization or its services. Market management includes three distinct but related levels: Strategic market management assesses current and potential markets and chooses those the organization can serve best; segment management focuses on the needs and wants of subsets of chosen customers; and customer management reinforces long-term commitments to the organization. The patient care experience can be broken down into specific contacts with each staff member. The key to managing the experience is to identify and achieve standards of performance for each contact by examining what each event means to the patients and how patients judge each staff member, as well as the overall care experience. Regular feedback helps. An unavoidable risk in market management is that a given segment may decline in size, in need for services, or in cohesiveness as a segment. Yet those organizations which can identify the right segments and "manage" them effectively will have an advantage in a competitive market.

  11. Economic competitiveness of fuel cell onsite integrated energy systems

    NASA Technical Reports Server (NTRS)

    Bollenbacher, G.

    1983-01-01

    The economic competitiveness of fuel cell onsite integrated energy systems (OS/IES) in residential and commercial buildings is examined. The analysis is carried out for three different buildings with each building assumed to be at three geographic locations spanning a range of climatic conditions. Numerous design options and operating strategies are evaluated and two economic criteria are used to measure economic performance. In general the results show that fuel cell OS/IES's are competitive in most regions of the country if the OS/IES is properly designed. The preferred design is grid connected, makes effective use of the fuel cell's thermal output, and has a fuel cell powerplant sized for the building's base electrical load.

  12. Consolidation in the Dialysis Industry, Patient Choice, and Local Market Competition.

    PubMed

    Erickson, Kevin F; Zheng, Yuanchao; Winkelmayer, Wolfgang C; Ho, Vivian; Bhattacharya, Jay; Chertow, Glenn M

    2016-11-09

    The Medicare program insures >80% of patients with ESRD in the United States. An emphasis on reducing outpatient dialysis costs has motivated consolidation among dialysis providers, with two for-profit corporations now providing dialysis for >70% of patients. It is unknown whether industry consolidation has affected patients' ability to choose among competing dialysis providers. We identified patients receiving in-center hemodialysis at the start of 2001 and 2011 from the national ESRD registry and ascertained dialysis facility ownership. For each hospital service area, we determined the maximum distance within which 90% of patients traveled to receive dialysis in 2001. We compared the numbers of competing dialysis providers within that same distance between 2001 and 2011. Additionally, we examined the Herfindahl-Hirschman Index, a metric of market concentration ranging from near zero (perfect competition) to one (monopoly) for each hospital service area. Between 2001 and 2011, the number of different uniquely owned competing providers decreased 8%. However, increased facility entry into markets to meet rising demand for care offset the effect of provider consolidation on the number of choices available to patients. The number of dialysis facilities in the United States increased by 54%, and patients experienced an average 10% increase in the number of competing proximate facilities from which they could choose to receive dialysis (P<0.001). Local markets were highly concentrated in both 2001 and 2011 (mean Herfindahl-Hirschman Index =0.46; SD=0.2 for both years), but overall market concentration did not materially change. In summary, a decade of consolidation in the United States dialysis industry did not (on average) limit patient choice or result in more concentrated local markets. However, because dialysis markets remained highly concentrated, it will be important to understand whether market competition affects prices paid by private insurers, access to

  13. The impact of competition among health care financing authorities on market yields and issuer interest expenses.

    PubMed

    Bernet, Patrick M; Carpenter, Caryl E; Saunders, Warren

    2011-01-01

    The main source of capital for non-for-profit health care organizations is tax-exempt municipal bonds. The tax-exempt nature of this debt requires that they be issued through financing authorities, which are run by, or affiliated with, state or local government agencies. In some states, all tax-exempt health care bonds must be issued through a single financing authority, but in other states the issuing health care organization has a choice of multiple authorities. Using a Herfindahl index of issuer concentration, prior research has found that greater competition among authorities results in lower interest costs to the issuing health care organization. We pick up where this earlier study left off, examining the links between authority competition, the interest expenses to the issuer, and the yield to the market investor. Although our analysis of all hospital bonds issued between 1994 and 2002 corroborates earlier findings with regard to interest expenses to the issuing health care organization, we also find market yield is lower for statewide authorities where issuer concentration is lower. Thus, authority competition is good from the issuers' point of view, but holds no favor in the investors' eyes. On the other hand, the lower market yield associated with statewide authorities does not make its way down to the issuer in the form of lower interest costs. To help sort through this paradox, we explore our findings through interviews of executives in state issuing authorities.

  14. 75 FR 57911 - Application To Export Electric Energy; GDF SUEZ Energy Marketing NA, Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-09-23

    ... Application To Export Electric Energy; GDF SUEZ Energy Marketing NA, Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: GDF SUEZ Energy Marketing NA... utilities, Federal power marketing agencies and other entities within the United States. The existing...

  15. Study of the competitive viability of minority fuel oil marketers. Final report

    SciTech Connect

    1981-09-30

    Previous studies on the competitive viability of the fuel oil heating market had addressed some of the unique problems facing minority fuel oil marketers (MFMs) within the total market sector (TMS). This study focused on identifying and developing quantitative information on MFMs in the TMS. The specific objective was to determine whether the business problems experienced by MFMs were directly related to their minority status or were characterstic of any firm in the TMS operating under comparable conditions. As an overall conclusion, thorough investigation of the MFMs considered to constitute the universe of minoriy firms within the TMS did not reveal any evidence of overt discrimination affecting the competitive viability of MFMs. Upon analysis, the problems reported by MFMs could not be reasonably ascribed to discrimination on the basis of their minority business status. The study, however, did point up problems unique to MFMs as the result of typical operational and financial characteristics. For example, MFMs, compared to the TMS norm, have not been in the market as long and are smaller in terms of total assets, number of employees, number of trucks, number of accounts and annual volume of oil delivered. Their primary customers are low-income families in urban areas. Financial indicators suggest that the average MFM does not have long-term financial stability. The basis for this overall conclusion, derived by analyses of information from MFMs, as well as many independent sources, is summarized in three parts: (1) MFM industry profile; (2) financial analyses; and (3) problem analyses.

  16. Pricing behaviour of nonprofit insurers in a weakly competitive social health insurance market.

    PubMed

    Douven, Rudy C H M; Schut, Frederik T

    2011-03-01

    In this paper we examine the pricing behaviour of nonprofit health insurers in the Dutch social health insurance market. Since for-profit insurers were not allowed in this market, potential spillover effects from the presence of for-profit insurers on the behaviour of nonprofit insurers were absent. Using a panel data set for all health insurers operating in the Dutch social health insurance market over the period 1996-2004, we estimate a premium model to determine which factors explain the price setting behaviour of nonprofit health insurers. We find that financial stability rather than profit maximisation offers the best explanation for health plan pricing behaviour. In the presence of weak price competition, health insurers did not set premiums to maximize profits. Nevertheless, our findings suggest that regulations on financial reserves are needed to restrict premiums. Copyright © 2011 Elsevier B.V. All rights reserved.

  17. 75 FR 6378 - Covanta Pylmouth Renewable Energy Limited Partnership Covanta Energy Marketing LLC Covanta Power...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-02-09

    ... Marketing LLC Covanta Power, LLC; Notice of Filing February 2, 2010. Take notice that, on February 1, 2010, Covanta Pylmouth Renewable Energy Limited Partnership, Covanta Energy Marketing LLC, and Covanta Power...

  18. Competitive sourcing: From captivity to competition

    SciTech Connect

    1994-12-31

    Eleven papers were presented at Elcon`s Annual Seminar on Electric Issues held on October 13-14, 1994 in Washington, DC. The theme of the conference was on competitive sourcing: From Captivity to Competition. The following topics were discussed: the FERC and competition in the electric power markets; the industrial role in the changing electric industry; commercials and residentials; the development of electricity futures; earthquakes in the states: Michigan experience; the loss of industrial load; competitive sourcing; municipalization; power marketing; and what is a non-sham wholesaler. A separate abstract was prepared for each paper for inclusion in the Energy Science and Technology Database.

  19. Essays on Environmental Policy in Energy Markets

    NASA Astrophysics Data System (ADS)

    Boomhower, Judson Paul

    Producing and consuming energy involves costly environmental externalities, which are addressed through a wide range of public policy interventions. This dissertation examines three economic questions that are important to environmental regulation in energy. The first chapter measures the effect of bankruptcy protection on industry structure and environmental outcomes in oil and gas extraction. The second chapter measures additionality in an appliance replacement rebate program. Finally, the third chapter focuses on the environmental impacts of subsidizing electricity production from forest-derived biomass fuels. The first chapter measures the incentive effect of limited liability. When liability is limited by bankruptcy, theory says that firms will take excessive environmental and public health risks. In the long run, this "judgment-proof problem'' may increase the share of small producers, even when there are economies of scale. I use quasi-experimental variation in liability exposure to measure the effects of bankruptcy protection on industry structure and environmental outcomes in oil and gas extraction. Using firm-level data on the universe of Texas oil and gas producers, I examine the introduction of an insurance mandate that reduced firms' ability to avoid liability through bankruptcy. The policy was introduced via a quasi-randomized rollout, which allows me to cleanly identify its effects on industry structure. The insurance requirement pushed about 6% of producers out of the market immediately. The exiting firms were primarily small and were more likely to have poor environmental records. Among firms that remained in business, the bond requirement reduced oil production among the smallest 80% of firms by about 4% on average, which is consistent with increased internalization of environmental costs. Production by the largest 20% of firms, which account for the majority of total production, was unaffected. Finally, environmental outcomes, including those

  20. Toward a competitive electric power industry for the 21. century. Comprehensive Review of the Northwest Energy System final report

    SciTech Connect

    1996-12-12

    This report contains a review of the activities and the recommendations of the Steering Committee of the Comprehensive Review of the Northwest Energy System. The topics of the report include a summary of recommendations; federal power marketing; preserving the benefits of low-cost hydropower for the Northwest; Columbia River System governance; reflecting the values and meeting the needs of northwest citizens through conservation, renewable resources and low-income energy services; ensuring the benefits of competition for all by consumer access to the competitive market; open-access power transmission for competion in generation; and the future power system role for a four-state regional body. An appendix contains a dissenting opinion.

  1. An Application of the Market-Oriented Programming to Energy Trading Decision Method in Distributed Energy Management Systems

    NASA Astrophysics Data System (ADS)

    Yakire, Koji; Miyamoto, Toshiyuki; Kumagai, Sadatoshi; Mori, Kazuyuki; Kitamura, Shoichi; Yamamoto, Takaya

    A control of CO2 emissions which is the main factor of global warming is one of the most important problems in the 21st century about preservation of earth environment. Therefore, efficient supply and use of energy are indispensable. We have proposed distributed energy management systems (DEMSs), where we are to obtain optimal plans that minimize both of costs and CO2 emissions through electrical and thermal energy trading. A DEMS consists of the plural entities that seek their own economic profits. In this paper, we propose a trading method that gives competitive equilibrium resource distribution by applying the market-oriented programming (MOP) to DEMSs.

  2. 75 FR 12737 - Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-03-17

    ... Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp. AGENCY: Office of Electricity... applications, Noble Energy Marketing and Trade Corp. (NEMT) has applied for authority to transmit electric..., Federal power marketing agencies, and other entities within the United States. NEMT has requested...

  3. 78 FR 4842 - Linden VFT, LLC v. Brookfield Energy Marketing, LP, Cargill Power Markets, LLC; Notice of Complaint

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-01-23

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Linden VFT, LLC v. Brookfield Energy Marketing, LP, Cargill Power Markets... a formal complaint against Brookfield Energy Marketing, LP and Cargill Power Markets, LLC...

  4. [Supplementary services used as marketing tools in the competition among private practice doctors].

    PubMed

    Meurers, Horst

    2009-01-01

    What is the relation between additional healthcare services, marketing and competition among office-based physicians? The best and truly effective marketing strategy is a satisfied patient recommending his doctor's services to others. Hence, good marketing starts with a convincing service concept, not just with advertising. More and more frequently patients ask for supplementary health service offerings. Additional services tailored to individual practices--e.g., in the field of nutrition, sports, fitness, wellness, aesthetics--meet the patients' demands, but at the same time they provide a competitive advantage over the ordinary medical practice. And what is more, these additional healthcare services have a nice side effect: they earn an additional income which is not unwelcome in times of decreasing revenues from the public healthcare system. The much sought-after potential for additional services and income can be achieved by offering commercial medical services, e.g., the sale of healthcare products. The coexistence of the doctor's commercial and non-commercial medical services is admissible as long as certain rules of professional conduct and tax laws are followed.

  5. Wind energy: A review of technical and market issues

    SciTech Connect

    Garrad, A.D.

    1996-12-31

    Opinions on the world market for wind power are presented in this paper. The paper is divided into three sections: the market, the technology, and general conclusions. The market section compares European and US wind energy growth and contributing factors and barriers to growth. A technology overview discusses wind turbine concepts, mass reduction, blade structural flexibility, and growth in machine size. Political decisions, economic aspects, public acceptance, and technology limitations are assessed for their influence on the growth of wind energy. 11 figs.

  6. What is the optimum social marketing mix to market energy conservation behaviour: an empirical study.

    PubMed

    Sheau-Ting, Low; Mohammed, Abdul Hakim; Weng-Wai, Choong

    2013-12-15

    This study attempts to identify the optimum social marketing mix for marketing energy conservation behaviour to students in Malaysian universities. A total of 2000 students from 5 major Malaysian universities were invited to provide their preferred social marketing mix. A choice-based conjoint analysis identified a mix of five social marketing attributes to promote energy conservation behaviour; the mix is comprised of the attributes of Product, Price, Place, Promotion, and Post-purchase Maintenance. Each attribute of the mix is associated with a list of strategies. The Product and Post-purchase Maintenance attributes were identified by students as the highest priority attributes in the social marketing mix for energy conservation behaviour marketing, with shares of 27.12% and 27.02%, respectively. The least preferred attribute in the mix is Promotion, with a share of 11.59%. This study proposes an optimal social marketing mix to university management when making decisions about marketing energy conservation behaviour to students, who are the primary energy consumers in the campus. Additionally, this study will assist university management to efficiently allocate scarce resources in fulfilling its social responsibility and to overcome marketing shortcomings by selecting the right marketing mix.

  7. Fuzzy inference game approach to uncertainty in business decisions and market competitions.

    PubMed

    Oderanti, Festus Oluseyi

    2013-01-01

    The increasing challenges and complexity of business environments are making business decisions and operations more difficult for entrepreneurs to predict the outcomes of these processes. Therefore, we developed a decision support scheme that could be used and adapted to various business decision processes. These involve decisions that are made under uncertain situations such as business competition in the market or wage negotiation within a firm. The scheme uses game strategies and fuzzy inference concepts to effectively grasp the variables in these uncertain situations. The games are played between human and fuzzy players. The accuracy of the fuzzy rule base and the game strategies help to mitigate the adverse effects that a business may suffer from these uncertain factors. We also introduced learning which enables the fuzzy player to adapt over time. We tested this scheme in different scenarios and discover that it could be an invaluable tool in the hand of entrepreneurs that are operating under uncertain and competitive business environments.

  8. Introduction to energy storage with market analysis and outlook

    NASA Astrophysics Data System (ADS)

    Schmid, Robert; Pillot, Christophe

    2014-06-01

    At first, the rechargeable battery market in 2012 will be described by technology - lead acid, NiCd, NiMH, lithium ion - and application - portable electronics, power tools, e-bikes, automotive, energy storage. This will be followed by details of the lithium ion battery market value chain from the raw material to the final application. The lithium ion battery market of 2012 will be analyzed and split by applications, form factors and suppliers. There is also a focus on the cathode, anode, electrolyte and separator market included. This report will also give a forecast for the main trends and the market in 2020, 2025. To conclude, a forecast for the rechargeable battery market by application for 2025 will be presented. Since energy storage plays an important role for the growing Electric Vehicle (EV) market, this EV issue is closely considered throughout this analysis.

  9. Introduction to energy storage with market analysis and outlook

    SciTech Connect

    Schmid, Robert; Pillot, Christophe

    2014-06-16

    At first, the rechargeable battery market in 2012 will be described by technology - lead acid, NiCd, NiMH, lithium ion - and application - portable electronics, power tools, e-bikes, automotive, energy storage. This will be followed by details of the lithium ion battery market value chain from the raw material to the final application. The lithium ion battery market of 2012 will be analyzed and split by applications, form factors and suppliers. There is also a focus on the cathode, anode, electrolyte and separator market included. This report will also give a forecast for the main trends and the market in 2020, 2025. To conclude, a forecast for the rechargeable battery market by application for 2025 will be presented. Since energy storage plays an important role for the growing Electric Vehicle (EV) market, this EV issue is closely considered throughout this analysis.

  10. Expelled uninsured patients in a less-competitive hospital market in Florida, USA.

    PubMed

    Lee, Keon-Hyung; Lim, Seunghoo; Park, Jungwon

    2016-06-04

    This research evaluates the effect of hospital competition on inward and outward patient transfers for different types of payers including the uninsured. Although it is a less spotlighted issue, an equally important topic is the likelihood of inter-hospital patient transfers of the insured and the uninsured. This study attempts to fill a gap in the research about the relationship between hospital competition and patient transfers. By developing the payer-specific level of hospital competition, this research evaluates the effect of hospital competition on inward and outward patient sharing (or patient transfers) for different types of payers including the uninsured. For patient transfers, instead of focusing on whether a patient is transferred from one hospital to another hospital at the patient level, we measure the numbers of patient transfers between hospitals (both inward and outward) at the hospital level. These dependent variables-the numbers of outward and inward patient transfers by the principal payers-are count variables, and we employ either a Poisson regression model or a negative binomial regression model. Controlling for hospital characteristics, when the uninsured Hirschman-Herfindahl Index (HHI) increased by 0.01, the uninsured were 593 % more likely to be transferred to another hospital. When a hospital dominates its market, it tends to expel uninsured patients to other hospitals. If patient transfers are medically unnecessary and primarily due to financial incentives, health administrators and policymakers should minimize such events. Since the uninsured who are admitted to a hospital that dominates its hospital market are likely to be much more vulnerable in their access to health care services, the state government of Florida needs to move toward increased health insurance coverage for eligible Floridians.

  11. On the economic analysis of problems in energy efficiency: Market barriers, market failures, and policy implications

    SciTech Connect

    Sanstad, A.H.; Koomey, J.G.; Levine, M.D.

    1993-01-01

    In his recent paper in The Energy Journal, Ronald Sutherland argues that several so-called ``market barriers`` to energy efficiency frequently cited in the literature are not market failures in the conventional sense and are thus irrelevant for energy policy. We argue that Sutherland has inadequately analyzed the idea of market barrier and misrepresented the policy implications of microeconomics. We find that economic theory, correctly interpreted, does not provide for the categorical dismissal of market barriers. We explore important methodological issues underlying the debate over market barriers, and discuss the importance of reconciling the findings of non-economic social sciences with the economic analysis of energy demand and consumer decision-making. We also scrutinize Sutherland`s attempt to apply finance theory to rationalize high implicit discount rates observed in energy-related choices, and find this use of finance theory to be inappropriate.

  12. On the economic analysis of problems in energy efficiency: Market barriers, market failures, and policy implications

    SciTech Connect

    Sanstad, A.H.; Koomey, J.G.; Levine, M.D.

    1993-01-01

    In his recent paper in The Energy Journal, Ronald Sutherland argues that several so-called market barriers'' to energy efficiency frequently cited in the literature are not market failures in the conventional sense and are thus irrelevant for energy policy. We argue that Sutherland has inadequately analyzed the idea of market barrier and misrepresented the policy implications of microeconomics. We find that economic theory, correctly interpreted, does not provide for the categorical dismissal of market barriers. We explore important methodological issues underlying the debate over market barriers, and discuss the importance of reconciling the findings of non-economic social sciences with the economic analysis of energy demand and consumer decision-making. We also scrutinize Sutherland's attempt to apply finance theory to rationalize high implicit discount rates observed in energy-related choices, and find this use of finance theory to be inappropriate.

  13. Competition in prescription drug markets: the roles of trademarks, advertising, and generic names.

    PubMed

    Feldman, Roger; Lobo, Félix

    2013-08-01

    We take on two subjects of controversy among economists-advertising and trademarks-in the context of the market for generic drugs. We outline a model in which trademarks for drug names reduce search costs but increase product differentiation. In this particular framework, trademarks may not benefit consumers. In contrast, the generic names of drugs or "International Nonproprietary Names" (INN) have unquestionable benefits in both economic theory and empirical studies. We offer a second model where advertising of a brand-name drug creates recognition for the generic name. The monopoly patent-holder advertises less than in the absence of a competitive spillover.

  14. The potential premium range of risk-rating in competitive markets for supplementary health insurance.

    PubMed

    Paolucci, Francesco; Prinsze, Femmeke; Stam, Pieter J A; van de Ven, Wynand P M M

    2009-09-01

    In this paper, we simulate several scenarios of the potential premium range for voluntary (supplementary) health insurance, covering benefits which might be excluded from mandatory health insurance (MI). Our findings show that, by adding risk-factors, the minimum premium decreases and the maximum increases. The magnitude of the premium range is especially substantial for benefits such as medical devices and drugs. When removing benefits from MI policymakers should be aware of the implications for the potential reduction of affordability of voluntary health insurance coverage in a competitive market.

  15. Member satisfaction information as competitive intelligence: a new tool for increasing market share and reducing costs.

    PubMed

    Cooperman, T

    1995-01-01

    MCOs have begun to realize the impact that consumer satisfaction has on enrollment and pricing. Taking a lesson from auto manufacturers, MCOs are now realizing the additional advantages of obtaining consumer satisfaction information about their competitors. Knowing competitors' members intentions to stay or leave their plans, pin-pointing competitors' strengths and weaknesses, and identifying unmet consumer needs, allow MCOs to more successfully develop tactics and strategies for sales, marketing, and planning. This article describes the use of member satisfaction information as competitive intelligence, what to look for in this information, and sources for obtaining reliable information.

  16. Physical and energy requirements of competitive swimming events.

    PubMed

    Pyne, David B; Sharp, Rick L

    2014-08-01

    The aquatic sports competitions held during the summer Olympic Games include diving, open-water swimming, pool swimming, synchronized swimming, and water polo. Elite-level performance in each of these sports requires rigorous training and practice to develop the appropriate physiological, biomechanical, artistic, and strategic capabilities specific to each sport. Consequently, the daily training plans of these athletes are quite varied both between and within the sports. Common to all aquatic athletes, however, is that daily training and preparation consumes several hours and involves frequent periods of high-intensity exertion. Nutritional support for this high-level training is a critical element of the preparation of these athletes to ensure the energy and nutrient demands of the training and competition are met. In this article, we introduce the fundamental physical requirements of these sports and specifically explore the energetics of human locomotion in water. Subsequent articles in this issue explore the specific nutritional requirements of each aquatic sport. We hope that such exploration will provide a foundation for future investigation of the roles of optimal nutrition in optimizing performance in the aquatic sports.

  17. Solar Renewable Energy Certificate (SREC) Markets: Status and Trends

    SciTech Connect

    Bird, L.; Heeter, J.; Kreycik, C.

    2011-11-01

    This paper examines experience in solar renewable energy certificate (SREC) markets in the United States. It describes how SREC markets function--key policy design provisions, eligible technologies, state and regional eligibility rules, solar alternative compliance payments, measurement and verification methods, long-term contracting provisions, and rate caps. It also examines the trends of SREC markets--trading volumes, sourcing trends, trends in the size of solar photovoltaic (PV) systems driven by these markets, and trends in price and compliance. Throughout, the paper explores key issues and challenges facing SREC markets and attempts by policymakers to address some of these market barriers. Data and information presented in this report are derived from SREC tracking systems, brokers and auctions, published reports, and information gleaned from market participants and interviews with state regulators responsible for SREC market implementation. The last section summarizes key findings.

  18. Reducing greenhouse gas emissions: a duopoly market pricing competition and cooperation under the carbon emissions cap.

    PubMed

    Jian, Ming; He, Hua; Ma, Changsong; Wu, Yan; Yang, Hao

    2017-05-17

    This article studies the price competition and cooperation in a duopoly that is subjected to carbon emissions cap. The study assumes that in a departure from the classical Bertrand game, there is still a market for both firms' goods regardless of the product price, even though production capacity is limited by carbon emissions regulation. Through the decentralized decision making of both firms under perfect information, the results are unstable. The firm with the lower maximum production capacity under carbon emissions regulation and the firm with the higher maximum production capacity both seek market price cooperation. By designing an internal carbon credits trading mechanism, we can ensure that the production capacity of the firm with the higher maximum production capacity under carbon emissions regulation reaches price equilibrium. Also, the negotiation power of the duopoly would affect the price equilibrium.

  19. Bioenergy market competition for biomass: A system dynamics review of current policies

    SciTech Connect

    Jacob J. Jacobson; Robert Jeffers

    2013-07-01

    There is growing interest in the United States and abroad to increase the use of biomass as an energy source due to environmental and energy security benefits. In the United States, the biofuel and biopower industries are regulated by different policies and different agencies and have different drivers, which impact the maximum price the industries are willing to pay for biomass. This article describes a dynamic computer simulation model that analyzes future behavior of bioenergy feedstock markets based on varying policy and technical options. The model simulates the long-term dynamics of these markets by treating advanced biomass feedstocks as a commodity and projecting the total demand of each industry, as well as the market price over time. The model is used for an analysis of the United States bioenergy feedstock market that projects supply, demand, and market price given three independent buyers: domestic biopower, domestic biofuels, and foreign exports. With base-case assumptions, the biofuels industry is able to dominate the market and meet the federal Renewable Fuel Standard (RFS) targets for advanced biofuels. Further analyses suggest that United States bioenergy studies should include estimates of export demand for biomass in their projections, and that GHG-limiting policy would partially shield both industries from export dominance.

  20. Competitive Market Analysis of Transplant Centers and Discrepancy of Wait-Listing of Recipients for Kidney Transplantation

    PubMed Central

    Cho, P. S.; Saidi, R. F.; Cutie, C. J.; Ko, D. S. C.

    2015-01-01

    Background: There are over 250 kidney transplant programs in the USA. Objective: To determine if highly competitive regions, defined as regions with a higher number of transplant centers, will approve and wait-list more end-stage renal disease (ESRD) candidates for transplant despite consistent incidence and prevalence of ESRD nationwide. Methods: ESRD Network and OPTN data completed in 2011 were obtained from all transplant centers including listing data, market saturation, market share, organs transplanted, and ESRD prevalence. Herfindahl-Hirschman Index (HHI) was used to measure the size of firms in relation to the industry to determine the amount of competition. Results: States were separated into 3 groups (HHI<1000 considered competitive; HHI 1000–1800 considered moderate competition; and HHI>1800 considered highly concentrated). The percentage of ESRD patients listed in competitive, moderate, and highly concentrated regions were 19.73%, 17.02%, and 13.75%, respectively. The ESRD listing difference between competitive versus highly concentrated was significant (p<0.05). Conclusion: When there is strong competition without a dominant center as defined by the HHI, the entire state tends to list more patients for transplant to drive up their own center’s market share. Our analysis of the available national data suggests a discrepancy in access for ESRD patient to transplantation due to transplant center competition. PMID:26576259

  1. Competitive Market Analysis of Transplant Centers and Discrepancy of Wait-Listing of Recipients for Kidney Transplantation.

    PubMed

    Cho, P S; Saidi, R F; Cutie, C J; Ko, D S C

    2015-01-01

    There are over 250 kidney transplant programs in the USA. To determine if highly competitive regions, defined as regions with a higher number of transplant centers, will approve and wait-list more end-stage renal disease (ESRD) candidates for transplant despite consistent incidence and prevalence of ESRD nationwide. ESRD Network and OPTN data completed in 2011 were obtained from all transplant centers including listing data, market saturation, market share, organs transplanted, and ESRD prevalence. Herfindahl-Hirschman Index (HHI) was used to measure the size of firms in relation to the industry to determine the amount of competition. States were separated into 3 groups (HHI<1000 considered competitive; HHI 1000-1800 considered moderate competition; and HHI>1800 considered highly concentrated). The percentage of ESRD patients listed in competitive, moderate, and highly concentrated regions were 19.73%, 17.02%, and 13.75%, respectively. The ESRD listing difference between competitive versus highly concentrated was significant (p<0.05). When there is strong competition without a dominant center as defined by the HHI, the entire state tends to list more patients for transplant to drive up their own center's market share. Our analysis of the available national data suggests a discrepancy in access for ESRD patient to transplantation due to transplant center competition.

  2. The impact of South Korea's new drug-pricing policy on market competition among off-patent drugs.

    PubMed

    Kwon, Hye-Young; Kim, Hyungmin; Godman, Brian; Reich, Michael R

    2015-01-01

    A new pricing policy was introduced in Korea in April 2012 with the aim of strengthening competition among off-patent drugs by eliminating price gaps between originators and generics. Examine the effect of newly implemented pricing policy. Retrospectively examining the effects through extracting from the National Health Insurance claims data a 30-month panel dataset (January 2011-June 2013) containing consumption data in four major therapeutic classes (antihypertensives, lipid-lowering drugs, antiulcerants and antidepressants). Proxies for market competition were examined before and after the policy. The new pricing policy did not enhance competition among off-patent drugs. In fact, price dispersion significantly decreased as opposed to the expected change. Originator-to-generic utilization increased 6.12 times (p = 0.000) after the new policy. The new pricing policy made no impact on competition among off-patent drugs. Competition in the off-patent market cannot be enhanced unless both supply and demand side measures are coordinated.

  3. Persuasive food marketing to children: use of cartoons and competitions in Australian commercial television advertisements.

    PubMed

    Kelly, Bridget; Hattersley, Libby; King, Lesley; Flood, Victoria

    2008-12-01

    While there is a recognized link between high levels of exposure to advertising of unhealthy foods and overweight and obesity among children, there is little research on the extent to which these exposures include persuasive marketing techniques. This study aimed to measure children's exposure to the use of persuasive marketing within television food advertisements. Advertisements broadcast on all three commercial Australian television channels were recorded for an equivalent 1 week period in May 2006 and 2007 (714 h). Food advertisements were analysed for their use of persuasive marketing, including premium offers, such as competitions, and the use of promotional characters, including celebrities and cartoon characters. Advertised foods were categorized as core, non-core or miscellaneous foods. Commercial data were purchased to determine children's peak viewing times and popular programs. A total of 20 201 advertisements were recorded, 25.5% of which were for food. Significantly more food advertisements broadcast during children's peak viewing times, compared to non-peak times, contained promotional characters (P < 0.05) and premium offers (P < 0.001). During programs most popular with children, there were 3.3 non-core food advertisements per hour containing premium offers, compared to 0.2 per hour during programs most popular with adults. The majority of advertisements containing persuasive marketing during all viewing periods were for non-core foods. Persuasive marketing techniques are frequently used to advertise non-core foods to children, to promote children's brand recognition and preference for advertised products. Future debate relating to television advertising regulations must consider the need to restrict the use of persuasive marketing techniques to children.

  4. Changing market for renewable energy in New England

    SciTech Connect

    Jacobs, M.

    1997-12-31

    The author discusses the rapidly changing power market in New England in the face of deregulation of the electric power industry. Utilities are moving to sell their generation assets, and the new players in the market are striving to present themselves as active in a green market. But there is little knowledge about renewable energy sources on the part of the new marketers, and little capacity available, while there does appear to be customer demand. Legislative action seems to be putting in place policies making renewable energy a more attractive option. The author looks at the disparity between demand and availability at this time.

  5. Energy Matters: An Invitation to Chat About Clean Tech Markets

    SciTech Connect

    Kauffman, Richard

    2011-01-01

    Do you have questions or ideas about how the U.S. Department of Energy can better move renewable energy technologies from labs to the market, to successful full-scale deployment? Richard Kauffman, newly appointed Senior Advisor to Energy Secretary Steven Chu, and former CEO of Good Energies would like to hear them. **LIVE CHAT EXPIRED**

  6. Energy Matters: An Invitation to Chat About Clean Tech Markets

    ScienceCinema

    Kauffman, Richard

    2016-07-12

    Do you have questions or ideas about how the U.S. Department of Energy can better move renewable energy technologies from labs to the market, to successful full-scale deployment? Richard Kauffman, newly appointed Senior Advisor to Energy Secretary Steven Chu, and former CEO of Good Energies would like to hear them. **LIVE CHAT EXPIRED**

  7. Physiological responses and energy expenditure during competitive fencing.

    PubMed

    Milia, Raffaele; Roberto, Silvana; Pinna, Marco; Palazzolo, Girolamo; Sanna, Irene; Omeri, Massimo; Piredda, Simone; Migliaccio, Gianmario; Concu, Alberto; Crisafulli, Antonio

    2014-03-01

    Fencing is an Olympic sport in which athletes fight one against one using bladed weapons. Contests consist of three 3-min bouts, with rest intervals of 1 min between them. No studies investigating oxygen uptake and energetic demand during fencing competitions exist, thus energetic expenditure and demand in this sport remain speculative. The aim of this study was to understand the physiological capacities underlying fencing performance. Aerobic energy expenditure and the recruitment of lactic anaerobic metabolism were determined in 15 athletes (2 females and 13 males) during a simulation of fencing by using a portable gas analyzer (MedGraphics VO2000), which was able to provide data on oxygen uptake, carbon dioxide production and heart rate. Blood lactate was assessed by means of a portable lactate analyzer. Average group energetic expenditure during the simulation was (mean ± SD) 10.24 ± 0.65 kcal·min(-1), corresponding to 8.6 ± 0.54 METs. Oxygen uptakeand heart rate were always below the level of anaerobic threshold previously assessed during the preliminary incremental test, while blood lactate reached its maximum value of 6.9 ± 2.1 mmol·L(-1) during the final recovery minute between rounds. Present data suggest that physical demand in fencing is moderate for skilled fencers and that both aerobic energy metabolism and anaerobic lactic energy sources are moderately recruited. This should be considered by coaches when preparing training programs for athletes.

  8. Evaluation of the energy expenditure in competitive swimming strokes.

    PubMed

    Barbosa, T M; Fernandes, R; Keskinen, K L; Colaço, P; Cardoso, C; Silva, J; Vilas-Boas, J P

    2006-11-01

    The purpose of this study was to measure and compare the total energy expenditure of the four competitive swimming strokes. Twenty-six swimmers of international level were submitted to an incremental set of 200-m swims (5 swimmers at Breaststroke, 5 swimmers at Backstroke, 4 swimmers at Butterfly and 12 swimmers at Front Crawl). The starting velocity was approximately 0.3 m x s (-1) less than a swimmer's best performance and thereafter increased by 0.05 m x s (-1) after each swim until exhaustion. Cardio-pulmonary and gas exchange parameters were measured breath-by-breath (BxB) for each swim to analyze oxygen consumption (VO2) and other energetic parameters by portable metabolic cart (K4b(2), Cosmed, Rome, Italy). A respiratory snorkel and valve system with low hydrodynamic resistance was used to measure pulmonary ventilation and to collect breathing air samples. Blood samples from the ear lobe were collected before and after each swim to analyze blood lactate concentration (YSI 1500 L, Yellow Springs, Ohio, USA). Total energy expenditure (E(tot)), was calculated for each 200-m stage. E (tot) differed significantly between the strokes at all selected velocities. At the velocity of 1.0 m x s (-1) and of 1.2 m x s (-1) the E(tot) was significantly higher in Breaststroke than in Backstroke, in Breaststroke than in Freestyle and in Butterfly than in Freestyle. At the velocity of 1.4 m x s (-1), the E(tot) was significantly higher in Breaststroke than in Backstroke, in Backstroke than in Freestyle, in Breaststroke than in Freestyle and in Butterfly than in Freestyle. At the velocity of 1.6 m x s (-1), the E(tot) was significantly higher in Breaststroke and in Butterfly than in Freestyle. As a conclusion, E(tot) of well-trained competitive swimmers was measured over a large range of velocities utilising a new BxB technique. Freestyle was shown to be the most economic among the competitive swimming strokes, followed by the Backstroke, the Butterfly and the Breaststroke.

  9. Market shares and individual company data for US energy markets, 1950-1982

    SciTech Connect

    Brannan, M.A.; Piccini, R.A.

    1983-11-01

    1982 data is presented on concentration in various US energy markets, and it also provides revised data for previous years where available. The report is intended to be a handy compilation of statistics on concentration in US energy markets with particular emphasis on the petroleum industry. The report contains four parts. First, it summarizes trends in concentration. This summary includes tables giving concentration indexes for the various energy markets for 1982 and several earlier years. Secondly, it discusses methodology and definitions. Thirdly, the report provides annual company-by-company data on market shares in various segments of the petroleum industry. Finally, the report presents similar market share data for coal, uranium, and for all-energy combined. The tables in the report's third and fourth sections provide sources and qualifications as necessary.

  10. 2008 Federal Energy Management Program (FEMP) Market Report

    SciTech Connect

    Tremper, C.

    2009-07-01

    This report assesses the market for Federal Energy Management Program (FEMP) services as it existed in FY 2008. It discusses Federal energy management goal progress in FY 2008, and examines the environment in which agencies implemented energy management projects over the last three years. The report also discusses some recent events that will increase the market for FEMP services, and outlines FEMP's major strategies to address these changes in FY 2009 and beyond.

  11. 78 FR 20910 - Hess Energy Marketing, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-04-08

    ... Energy Regulatory Commission Hess Energy Marketing, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of Hess Energy Marketing, LLC's application for market-based rate authority... authorization, under 18 CFR part 34, of future issuances of securities and assumptions of liability. ]...

  12. 77 FR 30274 - Inupiat Energy Marketing, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-05-22

    ... Energy Regulatory Commission Inupiat Energy Marketing, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Inupiat Energy Marketing, LLC's application for market-based rate... authorization, under 18 CFR part 34, of future issuances of securities and assumptions of liability. Any...

  13. 75 FR 45111 - Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-08-02

    ...] Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing Corporation; Notice... Order, the Commission directed Strategic Energy Management Corp. and Solaro Energy Marketing Corporation... compliance with the June 25 Order has elapsed. The two companies identified in the June 25 Order (Strategic...

  14. Energy Savings Certificate Markets: Opportunities and Implementation Barriers

    SciTech Connect

    Friedman, B.; Bird, L.; Barbose, G.

    2009-07-01

    Early experiences with energy savings certificates (ESCs) have revealed their merits and the challenges associated with them. While in the United States ESC markets have yet to gain significant traction, lessons can be drawn from early experiences in the states of Connecticut and New York, as well as from established markets in Italy, France, and elsewhere. The staying power of European examples demonstrates that ESCs can help initiate more efficiency projects. This article compares ESCs with renewable energy certificates (RECs), looks at the unique opportunities and challenges they present, and reviews solutions and best practices demonstrated by early ESC markets. Three major potential ESC market types are also reviewed: compliance, voluntary, and carbon. Additionally, factors that will benefit ESC markets in the United States are examined: new state EEPS policies, public interest in tools to mitigate climate change, and the growing interest in a voluntary market for ESCs.

  15. Identifying and prioritizing industry-level competitiveness factors: evidence from pharmaceutical market

    PubMed Central

    2014-01-01

    Background Pharmaceutical industry is knowledge-intensive and highly globalized, in both developed and developing countries. On the other hand, if companies want to survive, they should be able to compete well in both domestic and international markets. The main purpose of this paper is therefore to develop and prioritize key factors affecting companies’ competitiveness in pharmaceutical industry. Based on an extensive literature review, a valid and reliable questionnaire was designed, which was later filled up by participants from the industry. To prioritize the key factors, we used the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS). Results The results revealed that human capital and macro-level policies were two key factors placed at the highest rank in respect of their effects on the competitiveness considering the industry-level in pharmaceutical area. Conclusion This study provides fundamental evidence for policymakers and managers in pharma context to enable them formulating better polices to be proactively competitive and responsive to the markets’ needs. PMID:24708770

  16. Improving the Energy Market: Algorithms, Market Implications, and Transmission Switching

    NASA Astrophysics Data System (ADS)

    Lipka, Paula Ann

    This dissertation aims to improve ISO operations through a better real-time market solution algorithm that directly considers both real and reactive power, finds a feasible Alternating Current Optimal Power Flow solution, and allows for solving transmission switching problems in an AC setting. Most of the IEEE systems do not contain any thermal limits on lines, and the ones that do are often not binding. Chapter 3 modifies the thermal limits for the IEEE systems to create new, interesting test cases. Algorithms created to better solve the power flow problem often solve the IEEE cases without line limits. However, one of the factors that makes the power flow problem hard is thermal limits on the lines. The transmission networks in practice often have transmission lines that become congested, and it is unrealistic to ignore line limits. Modifying the IEEE test cases makes it possible for other researchers to be able to test their algorithms on a setup that is closer to the actual ISO setup. This thesis also examines how to convert limits given on apparent power---as is in the case in the Polish test systems---to limits on current. The main consideration in setting line limits is temperature, which linearly relates to current. Setting limits on real or apparent power is actually a proxy for using the limits on current. Therefore, Chapter 3 shows how to convert back to the best physical representation of line limits. A sequential linearization of the current-voltage formulation of the Alternating Current Optimal Power Flow (ACOPF) problem is used to find an AC-feasible generator dispatch. In this sequential linearization, there are parameters that are set to the previous optimal solution. Additionally, to improve accuracy of the Taylor series approximations that are used, the movement of the voltage is restricted. The movement of the voltage is allowed to be very large at the first iteration and is restricted further on each subsequent iteration, with the restriction

  17. Nonlinear Pricing in Energy and Environmental Markets

    NASA Astrophysics Data System (ADS)

    Ito, Koichiro

    This dissertation consists of three empirical studies on nonlinear pricing in energy and environmental markets. The first investigates how consumers respond to multi-tier nonlinear price schedules for residential electricity. Chapter 2 asks a similar research question for residential water pricing. Finally, I examine the effect of nonlinear financial rewards for energy conservation by applying a regression discontinuity design to a large-scale electricity rebate program that was implemented in California. Economic theory generally assumes that consumers respond to marginal prices when making economic decisions, but this assumption may not hold for complex price schedules. The chapter "Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing" provides empirical evidence that consumers respond to average price rather than marginal price when faced with nonlinear electricity price schedules. Nonlinear price schedules, such as progressive income tax rates and multi-tier electricity prices, complicate economic decisions by creating multiple marginal prices for the same good. Evidence from laboratory experiments suggests that consumers facing such price schedules may respond to average price as a heuristic. I empirically test this prediction using field data by exploiting price variation across a spatial discontinuity in electric utility service areas. The territory border of two electric utilities lies within several city boundaries in southern California. As a result, nearly identical households experience substantially different nonlinear electricity price schedules. Using monthly household-level panel data from 1999 to 2008, I find strong evidence that consumers respond to average price rather than marginal or expected marginal price. I show that even though this sub-optimizing behavior has a minimal impact on individual welfare, it can critically alter the policy implications of nonlinear pricing. The second chapter " How Do

  18. Competitiveness

    NASA Astrophysics Data System (ADS)

    Minihan, Charles E.

    1991-03-01

    Competition is defined as a spirited, sometimes ruthless, engagement of rivals such as in a race, a match, or an effort by one person to sell goods or services to customers in the marketplace of another. Sound familiar? If you will bear with me for a few minutes, I would like to examine competitiveness on a more global basis with emphasis on the rules of the game. You may be thinking that more often than not the competitive arena is relatively small and far from global, and its consequences are singularly influential on a trivial document called the P & L. However, with the newly established freedom of a major segment of the world population and with the industrial capability formerly known as Communist moving into what has heretofore been "our" limited arena, the competition could get very brisk. Brisk, and perhaps ruthless, unless we work together to try to establish an international industrial policy that is truly based on equality of competitive opportunity for all.

  19. 78 FR 30295 - Constellation Energy Commoditiesgroup, Inc., ENI USA Gas Marketing LLC, Sequent Energy Canada...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-05-22

    ..., and 13-32-LNG] Constellation Energy Commoditiesgroup, Inc., ENI USA Gas Marketing LLC, Sequent Energy........... Constellation Order vacating blanket Energy authority to import/export Commodities natural gas from/to...

  20. Relationship marketing of health care plans: retaining corporate customers in a competitive environment.

    PubMed

    Choong, P

    2000-01-01

    Corporate employers have become major purchasers of health care. They are gatekeepers who decide whether to retain or drop an insurance company from the choice set offered to employees as well as whether to include new insurers into this choice set. If marketers of health maintenance organizations are to maintain their market share in this competitive environment, they need to understand issues considered important to corporate employers. This paper identifies the key drivers of satisfaction among corporate employers and shows the impact these key drivers have on overall satisfaction. More importantly, it demonstrates both theoretically and empirically that the impact of performance attributes on satisfaction is asymmetrical. Positive performances of attributes are shown to have smaller impacts on satisfaction than negative performances. The theoretical underpinnings of these phenomena are shown to lie in prospect theory. Finally, quantitative indicators are computed to aid managerial decision-making. Marketing managers of health insurance companies will optimize returns on their investment by understanding this asymmetric effect and eliminate existing deficiencies.

  1. Market leadership by example: Government sector energy efficiency in developing countries

    SciTech Connect

    Van Wie McGrory, Laura; Harris, Jeffrey; Breceda, Miguel; Campbell, Stephanie; Sachu, Constantine; della Cava, Mirka; Gonzalez Martinez, Jose; Meyer, Sarah; Romo, Ana Margarita

    2002-05-20

    Government facilities and services are often the largest energy users and major purchasers of energy-using equipment within a country. In developing as well as industrial countries, government ''leadership by example'' can be a powerful force to shift the market toward energy efficiency, complementing other elements of a national energy efficiency strategy. Benefits from more efficient energy management in government facilities and operations include lower government energy bills, reduced greenhouse gas emissions, less demand on electric utility systems, and in many cases reduced dependence on imported oil. Even more significantly, the government sector's buying power and example to others can generate broader demand for energy-efficient products and services, creating entry markets for domestic suppliers and stimulating competition in providing high-efficiency products and services. Despite these benefits, with the exception of a few countries government sector actions have often lagged behind other energy efficiency policies. This is especially true in developing countries and transition economies - even though energy used by public agencies in these countries may represent at least as large a share of total energy use as the public sector in industrial economies. This paper summarizes work in progress to inventory current programs and policies for government sector energy efficiency in developing countries, and describes successful case studies from Mexico's implementation of energy management in the public sector. We show how these policies in Mexico, begun at the federal level, have more recently been extended to state and local agencies, and consider the applicability of this model to other developing countries.

  2. Competition of different methods for recovering energy from waste.

    PubMed

    Friege, Henning; Fendel, Ansgar

    2011-10-01

    Waste-to-energy (WtE) facilities have been established worldwide as a sustainable method for the disposal of residual waste. In the present study the following competing WtE systems were compared: (1) municipal solid waste incinerators (MSWIs) with energy recovery; (2) co-incineration of waste in old lignite or coal-fired power plants; (3) substitute [refuse-derived fuel (RDF)] incinerators with energy recovery; and (4) co-incineration of defined waste fractions in cement kilns. In general the municipal solid waste incinerators in Europe are designed for a broad range of municipal and commercial waste without a pre-treatment of the waste. All other WtE processes including the cement kilns require a pre-treatment and are more limited in terms of RDF composition; namely particle size, chlorine content, calorific value. As to Germany, the emission limit values for all facilities are similar. A sensitivity analysis of the economics of boilers using RDF and municipal solid waste leads to the conclusion that the feasibility of RDF incinerators might partially recover if the prices for primary energy increase again. On the other hand, pre-treatment of waste leads to higher costs for RDF. Incineration and recycling capacities are large enough in middle Europe to avoid landfilling of organic waste. The steep decline of gate fees observed in some national spot markets is a clear indicator of an already existing overcapacity. Considering the enormous amount of greenhouse gas emissions saved by WtE facilities in comparison with landfilling, free capacities of WtE installations should be used to incinerate waste from EU member states where waste disposal is still predominantly based on landfilling.

  3. Modeling strategic competition in hydro-thermal electricity generation markets with cascaded reservoir-hydroelectric generation plants

    NASA Astrophysics Data System (ADS)

    Uluca, Basak

    This dissertation aims to achieve two goals. The first is to model the strategic interactions of firms that own cascaded reservoir-hydro plants in oligopolistic and mixed oligopolistic hydrothermal electricity generation markets. Although competition in thermal generation has been extensively modeled since the beginning of deregulation, the literature on competition in hydro generation is still limited; in particular, equilibrium models of oligopoly that study the competitive behavior of firms that own reservoir-hydro plants along the same river in hydrothermal electricity generation markets are still under development. In competitive markets, when the reservoirs are located along the same river, the water released from an upstream reservoir for electricity generation becomes input to the immediate downstream reservoir, which may be owned by a competitor, for current or future use. To capture the strategic interactions among firms with cascaded reservoir-hydro plants, the Upstream-Conjecture approach is proposed. Under the Upstream-Conjecture approach, a firm with an upstream reservoir-hydro plant assumes that firms with downstream reservoir-hydro plants will respond to changes in the upstream firm's water release by adjusting their water release by the same amount. The results of the Upstream Conjecture experiments indicate that firms that own upstream reservoirs in a cascade may have incentive to withhold or limit hydro generation, forcing a reduction in the utilization of the downstream hydro generation plants that are owned by competitors. Introducing competition to hydroelectricity generation markets is challenging and ownership allocation of the previously state-owned cascaded reservoir-hydro plants through privatization can have significant impact on the competitiveness of the generation market. The second goal of the dissertation is to extract empirical guidance about best policy choices for the ownership of the state-owned generation plants, including the

  4. How Changing Energy Markets Affect Manufacturing

    EIA Publications

    2000-01-01

    The market for natural gas has been changing for quite some time. As part of natural gas restructuring, gas pipelines were opened to multiple users. Manufacturers or their representatives could go directly to the wellhead to purchase their natural gas, arrange the transportation, and have the natural gas delivered either by the local distribution company or directly through a connecting pipeline.

  5. Coal: Cornerstone of America`s competitive advantage in world markets

    SciTech Connect

    Mills, M.P.

    1997-12-31

    The United States` competitive position in world markets will be determined by many forces. Two of the fundamental factors are the increased use of new technologies, and the availability of low-cost electricity to operate those technologies. The US currently has an will likely continue to have market dominance in both these critical areas. Both of these factors are intimately related since the primary source of new technologies is electric in nature. And, because low-cost coal now dominates and will continue to dominate the electric supply system, and because the US has both an abundance of coal and the world`s largest fleet of coal-fired power plants, the US will have an expanding base of low-cost electricity that will secure its current competitive advantage for years to come. Electric technologies and, increasingly, computer-based technologies integrated with electric technologies are the primary sources of innovative advancement and economic growth. As a consequence, the growth in electricity, which has historically tracked GNP growth, is expected to continue. And, with the restructuring of the electric utility industry and the emergence of vigorous competition, prices are expected to decline as competition increases. The net effect of these forces will be to dramatically increase the use of electric technologies -- and those sources of electricity that can provide low-cost electricity. The data show that coal, the primary source of new los-cost electricity, will supply between one-half and three-fourths of all new electric supply through 2010, at prices of about 3{cents}/kWh, and can do so without new power plant construction. Since the use of coal is expected to rise by at least 200 to 250 million tons/year over the current consumption of 850 million tons, and could increase as much as 400 million tons/yr, some have raised concerns about the emissions impact from the power plants. This report also shows that the net effect of increased electric use, assuming

  6. Is there value in value-added services: Evidence from competitive markets in England, Wales, and Norway

    SciTech Connect

    Henney, A.; Simmonds, K.; Percival, J.

    1996-02-01

    As competition in the electric power industry intensifies, the debate about what customers really want to purchase from electric service providers becomes more significant. Are customers merely buying a commodity at the lowest possible cost, or are they interested in buying a host of customized value-added services that enhances the value of the commodity? This report provides some answers from a sample of large, sophisticated industrial and commercial customers in competitive retail markets in England, Whales, and Norway.

  7. Framework for State-Level Renewable Energy Market Potential Studies

    SciTech Connect

    Kreycik, C.; Vimmerstedt, L.; Doris, E.

    2010-01-01

    State-level policymakers are relying on estimates of the market potential for renewable energy resources as they set goals and develop policies to accelerate the development of these resources. Therefore, accuracy of such estimates should be understood and possibly improved to appropriately support these decisions. This document provides a framework and next steps for state officials who require estimates of renewable energy market potential. The report gives insight into how to conduct a market potential study, including what supporting data are needed and what types of assumptions need to be made. The report distinguishes between goal-oriented studies and other types of studies, and explains the benefits of each.

  8. 75 FR 54063 - Demand Response Compensation in Organized Wholesale Energy Markets; Technical Conference

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-09-03

    ...-000] Demand Response Compensation in Organized Wholesale Energy Markets; Technical Conference AGENCY.... \\1\\ Demand Response Compensation in Organized Wholesale Energy Markets, Notice of Proposed Rulemaking...

  9. The value of electricity storage in energy-only electricity markets

    NASA Astrophysics Data System (ADS)

    McConnell, D.; Forcey, T.; Sandiford, M.

    2015-12-01

    Price volatility and the prospect of increasing renewable energy generation have raised interest in the potential opportunities for storage technologies in energy-only electricity markets. In this paper we explore the value of a price-taking storage device in such a market, the National Electricity Market (NEM) in Australia. Our analysis suggests that under optimal operation, there is little value in having more than six hours of storage in this market. However, the inability to perfectly forecast wholesale prices, particularly extreme price spikes, may warrant some additional storage. We found that storage devices effectively provide a similar service as peak generators (such as Open Cycle Gas Turbines) and are similarly dependent on and exposed to extreme price events, with revenue for a merchant generator highly skewed to a few days of the year. In contrast to previous studies, this results in the round trip efficiency of the storage being relatively insignificant. Financing using hedging strategies similar to a peak generator effectively reduces the variability of revenue and exposure of storage to extreme prices. Our case study demonstrates that storage may have a competitive advantage over other peaking generators on the NEM, due to its ability to earn revenue outside of extreme peak events. As a consequence the outlook for storage options on the NEM is dependent on volatility, in turn dependent on capacity requirements. Further to this, increased integration of renewable energy may both depend on storage and improve the outlook for storage in technologies in electricity markets.

  10. Transportation Energy Futures Series: Projected Biomass Utilization for Fuels and Power in a Mature Market

    SciTech Connect

    Ruth, M.; Mai, T.; Newes, E.; Aden, A.; Warner, E.; Uriarte, C.; Inman, D.; Simpkins, T.; Argo, A.

    2013-03-01

    The viability of biomass as transportation fuel depends upon the allocation of limited resources for fuel, power, and products. By focusing on mature markets, this report identifies how biomass is projected to be most economically used in the long term and the implications for greenhouse gas (GHG) emissions and petroleum use. In order to better understand competition for biomass between these markets and the potential for biofuel as a market-scale alternative to petroleum-based fuels, this report presents results of a micro-economic analysis conducted using the Biomass Allocation and Supply Equilibrium (BASE) modeling tool. The findings indicate that biofuels can outcompete biopower for feedstocks in mature markets if research and development targets are met. The BASE tool was developed for this project to analyze the impact of multiple biomass demand areas on mature energy markets. The model includes domestic supply curves for lignocellulosic biomass resources, corn for ethanol and butanol production, soybeans for biodiesel, and algae for diesel. This is one of a series of reports produced as a result of the Transportation Energy Futures (TEF) project, a Department of Energy-sponsored multi-agency project initiated to pinpoint underexplored strategies for abating GHGs and reducing petroleum dependence related to transportation.

  11. Transportation Energy Futures Series. Projected Biomass Utilization for Fuels and Power in a Mature Market

    SciTech Connect

    Ruth, M.; Mai, T.; Newes, E.; Aden, A.; Warner, E.; Uriarte, C.; Inman, D.; Simpkins, T.; Argo, A.

    2013-03-01

    The viability of biomass as transportation fuel depends upon the allocation of limited resources for fuel, power, and products. By focusing on mature markets, this report identifies how biomass is projected to be most economically used in the long term and the implications for greenhouse gas (GHG) emissions and petroleum use. In order to better understand competition for biomass between these markets and the potential for biofuel as a market-scale alternative to petroleum-based fuels, this report presents results of a micro-economic analysis conducted using the Biomass Allocation and Supply Equilibrium (BASE) modeling tool. The findings indicate that biofuels can outcompete biopower for feedstocks in mature markets if research and development targets are met. The BASE tool was developed for this project to analyze the impact of multiple biomass demand areas on mature energy markets. The model includes domestic supply curves for lignocellulosic biomass resources, corn for ethanol and butanol production, soybeans for biodiesel, and algae for diesel. This is one of a series of reports produced as a result of the Transportation Energy Futures (TEF) project, a Department of Energy-sponsored multi-agency project initiated to pinpoint underexplored strategies for abating GHGs and reducing petroleum dependence related to transportation.

  12. Wood energy markets, 2011-2012

    Treesearch

    Francisco Aguilar; Rens Hartkamp; Warren Mabee; Kenneth Skog

    2012-01-01

    To celebrate the 2012 International Year of Sustainable Energy for All, in this chapter we consider in some depth the sustainability of wood energy. To do so, we evaluate the traditional economic, environmental and social dimensions of the sustainability concept. We also address how public policy has influenced wood energy sustainability across the UNECE region.

  13. Determinants of hospital choice of rural hospital patients: the impact of networks, service scopes, and market competition.

    PubMed

    Roh, Chul-Young; Lee, Keon-Hyung; Fottler, Myron D

    2008-08-01

    Among 10,384 rural Colorado female patients who received MDC 14 (obstetric services) from 2000 to 2003, 6,615 (63.7%) were admitted to their local rural hospitals; 1,654 (15.9%) were admitted to other rural hospitals; and 2,115 (20.4%) traveled to urban hospitals for inpatient services. This study is to examine how network participation, service scopes, and market competition influences rural women's choice of hospital for their obstetric care. A conditional logistic regression analysis was used. The network participation (p < 0.01), the number of services offered (p < 0.05), and the hospital market competition had a positive and significant relationship with patients' choice to receive obstetric care. That is, rural patients prefer to receive care from a hospital that participates in a network, that provides more number of services, and that has a greater market share (i.e., a lower level of market competition) in their locality. Rural hospitals could actively increase their competitiveness and market share by increasing the number of health care services provided and seeking to network with other hospitals.

  14. Effects of competition and cooperation interaction between agents on networks in the presence of a market capacity

    NASA Astrophysics Data System (ADS)

    Sonubi, A.; Arcagni, A.; Stefani, S.; Ausloos, M.

    2016-08-01

    A network effect is introduced taking into account competition, cooperation, and mixed-type interaction among agents along a generalized Verhulst-Lotka-Volterra model. It is also argued that the presence of a market capacity undoubtedly enforces a definite limit on the agent's size growth. The state stability of triadic agents, i.e., the most basic network plaquette, is investigated analytically for possible scenarios, through a fixed-point analysis. It is discovered that: (i) market demand is only satisfied for full competition when one agent monopolizes the market; (ii) growth of agent size is encouraged in full cooperation; (iii) collaboration among agents to compete against one single agent may result in the disappearance of this single agent out of the market; and (iv) cooperating with two rivals may become a growth strategy for an intelligent agent.

  15. Effects of competition and cooperation interaction between agents on networks in the presence of a market capacity.

    PubMed

    Sonubi, A; Arcagni, A; Stefani, S; Ausloos, M

    2016-08-01

    A network effect is introduced taking into account competition, cooperation, and mixed-type interaction among agents along a generalized Verhulst-Lotka-Volterra model. It is also argued that the presence of a market capacity undoubtedly enforces a definite limit on the agent's size growth. The state stability of triadic agents, i.e., the most basic network plaquette, is investigated analytically for possible scenarios, through a fixed-point analysis. It is discovered that: (i) market demand is only satisfied for full competition when one agent monopolizes the market; (ii) growth of agent size is encouraged in full cooperation; (iii) collaboration among agents to compete against one single agent may result in the disappearance of this single agent out of the market; and (iv) cooperating with two rivals may become a growth strategy for an intelligent agent.

  16. How Specialised Are Specialists? Generalisation Properties of Entries from the 2008 and 2009 TAC Market Design Competitions

    NASA Astrophysics Data System (ADS)

    Robinson, Edward; McBurney, Peter; Yao, Xin

    Unlike the classic Trading Agent competition (TAC), where participants enter trading strategies into a market, the TAC Market Design Competition (CAT) allows participants to create rules for their own double auction market and set fees for traders, which they embody in agents known as specialists. Although the generalisation properties of traders when the specialist (i.e., the market mechanism) is fixed have been assessed, generalisation properties of specialists have not. It is unclear whether and how a specialist might (intentionally or unintentionally) favour certain trading strategies. We present an empirical analysis of specialists' generalisation abilities in various trading environments. Our results show that specialists can be sensitive to a number of factors, including the other trading and specialist strategies in the environment.

  17. Copayments and consumer search: increasing competition in Medicare and other insured medical markets.

    PubMed

    Cantwell, J R

    1981-12-01

    Between 1950 and 1980, the physician fee component of the Consumer Price Index (CPI) rose 488 percent. In contrast, an index of physician fees adjusted for 1) overall inflation, and 2) the declining proportion which is paid out-of-pocket by the patient, declined over the same 30-year period. This last observation, pointing to the erosion of the market, is important for structuring price competition for physician services. For insured patients, out-of-pocket payments arise from deductibles, coinsurance and limits, each of which is briefly discussed in this article. Following a review of Medicare Part B physician reimbursement, the paper shows that limits can be used to strengthen the incentive which insured patients have to search for less expensive medical care.

  18. Interaction between renewable energy markets and carbon markets: Optimal policies to meet societal goals

    NASA Astrophysics Data System (ADS)

    Carroll, Ghita Levenstein

    The problem this dissertation addresses is that separate and evolving public policy debates are currently shaping renewable markets and carbon markets without attention to how each market affects the other, yet the markets have overlapping goals with respect to reducing carbon dioxide emissions. Without a better understanding of the roles, limitations, and interactions of these two markets, the larger environmental and economic societal goals that they are meant to achieve may not be fully realized. This research focuses on the electricity sector in the United States because federal regulations do not exist for renewable or carbon markets and thus the rules concerning the interaction between these markets have yet to be defined. The methodology for developing final recommendations consisted of an extensive review of relevant literature and analysis of case studies in which these markets overlap. The methodology also included the use of economic reasoning and analysis to aide in evaluating assumptions and projections about the effect a greenhouse gas ("GHG") cap and trade market may have on renewable energy markets. Finally, tools and concepts from the Policy Sciences tradition were used throughout the dissertation to frame and organize the discussion. Findings are generally that while a GHG cap and trade program will reduce emissions below what would have occurred otherwise, the design of the program will determine the extent to which overall emissions reductions can take place. Furthermore, renewable energy markets could be negatively affected by a GHG cap and trade program if generation from renewables does not reduce emissions below a cap. This dissertation concludes with recommendations for policymakers, so policies defining these markets can accurately reflect intended goals including: decreasing emissions, increasing renewables, and keeping electricity costs low.

  19. 3 CFR - Improving Energy Security, American Competitiveness and Job Creation, and Environmental...

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ... 3 The President 1 2011-01-01 2011-01-01 false Improving Energy Security, American Competitiveness and Job Creation, and Environmental Protection Through a Transformation of Our Nation's Fleet of Cars... Energy Security, American Competitiveness and Job Creation, and Environmental Protection Through...

  20. International Energy Outlook 1991: A post-war review of energy markets

    SciTech Connect

    Not Available

    1991-06-01

    This report presents the current Energy Information Administration (EIA) assessment of the long-term outlook for international energy markets. The report is provided, as are other EIA reports, as a statistical service for use by managers and international energy analysts and not as a government energy plan. Current United States Government policies and foreign government policies are assumed to hold over the projection interval, which extends to the year 2010. The Persian Gulf war has a profound impact on world energy markets during the last several months and will continue to influence these markets to some degree in the future, particularly the world oil market. This report pays particular attention to post-war prospects for world oil markets and, as a result, contains domestic energy projections and world oil price projections that differ somewhat from those published in the Annual Energy Outlook 1991 (AEO). These differences are discussed in this report. 16 figs., 12 tabs.

  1. Why the ninth circuit court's decision on contracts signed during the western markets crisis is a call for FERC to enhance its oversight of market competitiveness

    SciTech Connect

    Schotland, Sara D.; Bidstrup, W. Richard; Morrissey, Jennifer A.

    2007-03-15

    Current complaints about problems in the nascent wholesale energy markets should not allow buyers to escape their contractual obligations. It would throw out the baby with the bathwater if the December 2006 decisions provide an excuse for buyers to renege on contractual commitments because today's energy markets are imperfect. (author)

  2. The association of market competition with hospital charges, length of stay, and quality outcomes for patients with joint diseases: a longitudinal study in Korea.

    PubMed

    Kim, Sun Jung; Park, Eun-Cheol; Yoo, Ki-Bong; Kwon, Jeoung A; Kim, Tae Hyun

    2015-03-01

    This study investigated the association of market competition with hospital charges, length of stay, and quality outcomes. A total of 279,847 patients from 851 hospitals were analyzed. The Herfindahl-Hirschman Index was used as a measure of hospital market competition level. Our results suggest that hospitals in less competitive markets charged more on charge per admission, possibly by increasing the length of stays, however, hospitals in more competitive markets charged more for daily services by providing more intensive services while reducing the length of stays, thereby reducing the overall charge per admission. Quality outcomes measured by mortality within 30 days of admission and readmission within 30 days of discharge were better for surgical procedures within competitive areas. Continued government monitoring of hospital response to market competition level is recommended in order to determine whether changes in hospitals' strategies influence the long-term outcomes of services performance and health care spending.

  3. A Fuzzy Approach of the Competition on the Air Transport Market

    NASA Technical Reports Server (NTRS)

    Charfeddine, Souhir; DeColigny, Marc; Camino, Felix Mora; Cosenza, Carlos Alberto Nunes

    2003-01-01

    The aim of this communication is to study with a new scope the conditions of the equilibrium in an air transport market where two competitive airlines are operating. Each airline is supposed to adopt a strategy maximizing its profit while its estimation of the demand has a fuzzy nature. This leads each company to optimize a program of its proposed services (frequency of the flights and ticket prices) characterized by some fuzzy parameters. The case of monopoly is being taken as a benchmark. Classical convex optimization can be used to solve this decision problem. This approach provides the airline with a new decision tool where uncertainty can be taken into account explicitly. The confrontation of the strategies of the companies, in the ease of duopoly, leads to the definition of a fuzzy equilibrium. This concept of fuzzy equilibrium is more general and can be applied to several other domains. The formulation of the optimization problem and the methodological consideration adopted for its resolution are presented in their general theoretical aspect. In the case of air transportation, where the conditions of management of operations are critical, this approach should offer to the manager elements needed to the consolidation of its decisions depending on the circumstances (ordinary, exceptional events,..) and to be prepared to face all possibilities. Keywords: air transportation, competition equilibrium, convex optimization , fuzzy modeling,

  4. Using dental care resources optimally: quality-efficiency trade-offs in a competitive private market.

    PubMed

    Prasad, Banuru Muralidhara; Varatharajan, D

    2011-01-01

    Modern lifestyle changes led to increased dental care needs in India. Consequently, there has been a sharp rise in dentist numbers. Karnataka state alone produces 2,500 dentists annually, who are engaged in the non-government sector owing to inadequate public sector opportunities. This article aims to assess Karnataka private dental clinic quality and efficiency. Dentists were interviewed using a close-ended, structured interview schedule and their clinics were assessed using a checklist adopted from guidelines for providing machinery and equipment under the National Oral Health Care Programme (NOHCP). Dental "hotel" and clinical quality were scored based on this checklist. Clinical quality was "excellent" in 12 per cent of clinics and poor in 49 per cent. Clinics with better infrastructure charged higher price (p < 0.05). Multi-chair clinics charging fixed rates were high (81 per cent). According to 59.5 per cent of dentists, competition did not improve quality while 27 per cent felt that competition increased price, not quality. About 30.9 per cent of the poor quality clinics, 41 per cent average quality clinics and 26 per cent good quality clinics were technically efficient. The multi chair clinics offered better quality at higher prices and single chair clinics provided poorer quality at lower prices. In other words, they had a sub-optimal price-quality mix. Therefore, there is a need to regulate price and quality in all clinics to arrive at an optimal price-quality mix so that clients are not overburdened financially even while receiving good quality dental care. The article advocates that resources are used optimally as a way to achieve value for money and to achieve break-even points thereby providing quality care in a competitive market. Factors that influence dental practitioner behaviour are evaluated.

  5. Effect of Increased Natural Gas Exports on Domestic Energy Markets

    EIA Publications

    2012-01-01

    This report responds to an August 2011 request from the Department of Energy's Office of Fossil Energy (DOE\\/FE) for an analysis of "the impact of increased domestic natural gas demand, as exports." Appendix A provides a copy of the DOE\\/FE request letter. Specifically, DOE\\/FE asked the U.S. Energy Information Administration (EIA) to assess how specified scenarios of increased natural gas exports could affect domestic energy markets, focusing on consumption, production, and prices.

  6. Entry, concentration and market efficiency: A simulation of the PJM energy market

    NASA Astrophysics Data System (ADS)

    Harvill, Terry

    The rapid and substantial expansion of the PJM energy market during 2004 and 2005 provides a unique opportunity to test the theory of market concentration and its effect on market efficiency. With ten years of operational experience, the PJM energy market is uniquely suited to test the theories of market concentration and efficiency in a natural experiment. This research tests the hypothesis that, for a given number of generating units in the industry, system marginal price will be a decreasing function of the number of owners or generators controlling the units (i.e., the industry concentration ratio). Market simulations are utilized to assess price-cost markups in the PJM energy market during three distinct periods of expansion: (1) pre-Commonwealth Edison integration, (2) pre-American Electric Power (AEP), Dayton Power and Light (DPL), Duquesne Light (Duquesne), and Dominion Virginia Power (Dominion) integration, and (3) post-AFT, DPL. Duquesne, and Dominion Integration. The results of the market simulations for the May 1 to August 31 periods for 2003, 2004, and 2005, indicate that the performance of the market improved with the addition of new market participants in 2004 and 2005. The results of the simulation indicate that the load-weighted Lerner index decreased to -3.70 percent in 2005 from 0.92 percent in 2003. Clearly, the addition of Commonwealth Edison in 2004 significantly increased constraints within the PJM energy market and likely impacted the observed prices in PJM during 2004 due to the lack of a significant link to the other PJM market participants. This deficiency was address in 2005 with the addition of American Electric Power. The market simulations also highlight the prevalence of computed negative markups in the simulation results. Many of the off-peak periods in particular are characterized by negative markups where the expected marginal cost exceeds the observed price. Unit commitment constraints are believed to largely account for these

  7. Tracing the transition path between optimal strategies combinations within a competitive market of innovative industrial products

    NASA Astrophysics Data System (ADS)

    Batzias, Dimitris F.; Pollalis, Yannis A.

    2012-12-01

    In several cases, a competitive market can be simulated by a game, where each company/opponent is referred to as a player. In order to accommodate the fact that each player (alone or with alliances) is working against some others' interest, the rather conservative maximin criterion is frequently used for selecting the strategy or the combination of strategies that yield the best of the worst possible outcomes for each one of the players. Under this criterion, an optimal solution is obtained when neither player finds it beneficial to alter his strategy, which means that an equilibrium has been achieved, giving also the value of the game. If conditions change as regards a player, e.g., because of either achieving an unexpected successful result in developing an innovative industrial product or obtaining higher liquidity permitting him to increase advertisement in order to acquire a larger market share, then a new equilibrium is reached. The identification of the path between the old and the new equilibrium points may prove to be valuable for investigating the robustness of the solution by means of sensitivity analysis, since uncertainty plays a critical role in this situation, where evaluation of the payoff matrix is usually based on experts' estimates. In this work, the development of a standard methodology (including 16 activity stages and 7 decision nodes) for tracing this path is presented while a numerical implementation follows to prove its functionality.

  8. Competitive advantage for multiple-memory strategies in an artificial market

    NASA Astrophysics Data System (ADS)

    Mitman, Kurt E.; Choe, Sehyo C.; Johnson, Neil F.

    2005-05-01

    We consider a simple binary market model containing N competitive agents. The novel feature of our model is that it incorporates the tendency shown by traders to look for patterns in past price movements over multiple time scales, i.e. multiple memory-lengths. In the regime where these memory-lengths are all small, the average winnings per agent exceed those obtained for either (1) a pure population where all agents have equal memory-length, or (2) a mixed population comprising sub-populations of equal-memory agents with each sub-population having a different memory-length. Agents who consistently play strategies of a given memory-length, are found to win more on average -- switching between strategies with different memory lengths incurs an effective penalty, while switching between strategies of equal memory does not. Agents employing short-memory strategies can outperform agents using long-memory strategies, even in the regime where an equal-memory system would have favored the use of long-memory strategies. Using the many-body 'Crowd-Anticrowd' theory, we obtain analytic expressions which are in good agreement with the observed numerical results. In the context of financial markets, our results suggest that multiple-memory agents have a better chance of identifying price patterns of unknown length and hence will typically have higher winnings.

  9. The effects of increased market competition on hospital services in Shandong and Henan Provinces.

    PubMed

    Forbes, Ian; Hindle, Don; Degeling, Pieter; Zhang, Kai; Xu, Lingzhong; Meng, Qingyue; Wang, Jian

    2002-01-01

    The Chinese government began a major reform of the hospital sector in the early 1980s. The main aim was to increase productivity by phasing out prospective global budgets from the government, and encouraging between-hospital competition for the business of user-pay and insured patients. This goal was to be achieved without unreasonable prejudice to the financial sustainability of hospitals or to the fairness of access and service provision. We explored the effects of these changes by analysing data for four levels of hospital in two of the most populous provinces between 1985 and 1999. We used data envelope analysis, and found that the majority of hospitals experienced a decline in productivity. Social efficiency (measured by the level of provision of unnecessary services) also declined, especially in the largest hospitals that could easily increase the use of expensive technologies. Most hospitals increased their economic sustainability, measured as the ratio between revenue and expenditures. However, the lowest-level hospitals experienced stable or reduced sustainability due to their inability to compete with marketing by higher-level hospitals. We conclude that, although there were many benefits, the overall impact of the introduction of market forces may have been negative. An important factor was that not all aspects (such as supplier-induced demand) were adequately controlled by government agencies. We suggest ways of alleviating the most problematic elements of current arrangements.

  10. Offshore Wind Energy Market Overview (Presentation)

    SciTech Connect

    Baring-Gould, I.

    2013-07-01

    This presentation describes the current international market conditions regarding offshore wind, including the breakdown of installation costs, how to reduce costs, and the physical siting considerations considered when planning offshore wind construction. The presentation offers several examples of international existing and planned offshore wind farm sites and compares existing international offshore resources with U.S. resources. The presentation covers future offshore wind trends and cites some challenges that the United States must overcome before it will be able to fully develop offshore wind sites.

  11. Energy Efficiency and Renewables: Market and Behavioral Failures

    ScienceCinema

    James Sweeney

    2016-07-12

    Thursday, January 28, 2010: Policies to promote renewable energy and energy efficiency have been gaining momentum throughout the world, often justified by environmental and energy security concerns. This presentation first talks about energy efficiency options, then delves into the economic motivation for energy efficiency and renewable energy policies by articulating the classes of relevant behavioral failures and market failures. Such behavioral and market failures may vary intertemporally or atemporally; the temporal structure and the extent of the failures are the critical considerations in the development of energy policies. The talk discusses key policy instruments and assess the extent to which they are well-suited to correct for failures with different structures. http://eetd.lbl.gov/dls/lecture-01-28...

  12. Battery energy storage market feasibility study -- Expanded report

    SciTech Connect

    Kraft, S.; Akhil, A.

    1997-09-01

    Under the sponsorship of the US Department of Energy`s Office of Utility Technologies, the Energy Storage Systems Analysis and Development Department at Sandia National Laboratories (SNL) contracted Frost and Sullivan to conduct a market feasibility study of energy storage systems. The study was designed specifically to quantify the battery energy storage market for utility applications. This study was based on the SNL Opportunities Analysis performed earlier. Many of the groups surveyed, which included electricity providers, battery energy storage vendors, regulators, consultants, and technology advocates, viewed battery storage as an important technology to enable increased use of renewable energy and as a means to solve power quality and asset utilization issues. There are two versions of the document available, an expanded version (approximately 200 pages, SAND97-1275/2) and a short version (approximately 25 pages, SAND97-1275/1).

  13. Energy Efficiency and Renewables: Market and Behavioral Failures

    SciTech Connect

    James Sweeney

    2010-02-04

    Thursday, January 28, 2010: Policies to promote renewable energy and energy efficiency have been gaining momentum throughout the world, often justified by environmental and energy security concerns. This presentation first talks about energy efficiency options, then delves into the economic motivation for energy efficiency and renewable energy policies by articulating the classes of relevant behavioral failures and market failures. Such behavioral and market failures may vary intertemporally or atemporally; the temporal structure and the extent of the failures are the critical considerations in the development of energy policies. The talk discusses key policy instruments and assess the extent to which they are well-suited to correct for failures with different structures. http://eetd.lbl.gov/dls/lecture-01-28...

  14. The Effect of Distributed Energy Resource Competition with Central Generation

    SciTech Connect

    Hadley, SW

    2003-12-10

    Distributed Energy Resource (DER) has been touted as a clean and efficient way to generate electricity at end-use sites, potentially allowing the exhaust heat to be put to good use as well. However, despite its environmental acceptability compared to many other types of generation, it has faced some disapproval because it may displace other, cleaner generation technologies. The end result could be more pollution than if the DER were not deployed. On the other hand, the DER may be competing against older power plants. If the DER is built then these other plants may be retired sooner, reducing their emissions. Or it may be that DER does not directly compete against either new or old plant capacity at the decision-maker level, and increased DER simply reduces the amount of time various plants operate. The key factor is what gets displaced if DER is added. For every kWh made by DER a kWh (or more with losses) of other production is not made. If enough DER is created, some power plants will get retired or not get built so not only their production but their capacity is displaced. Various characteristics of the power system in a region will influence how DER impacts the operation of the grid. The growth in demand in the region may influence whether new plants are postponed or old plants retired. The generation mix, including the fuel types, efficiencies, and emission characteristics of the plants in the region will factor into the overall competition. And public policies such as ease of new construction, emissions regulations, and fuel availability will also come into consideration.

  15. OSTEOPOROSIS DRUGS MARKETED IN THE UNITED STATES: GENERIC COMPETITION, PRICING STRUCTURE, AND DISPERSION AMONG PAYERS.

    PubMed

    Balkhi, Bander; Seoane-Vazquez, Enrique; Rodriguez-Monguio, Rosa

    2016-01-01

    Despite the cost of pharmaceuticals, studies assessing prices of osteoporosis drugs are lacking. This study examined trends in prices of osteoporosis drugs in the United States in the period 1988-2014, assessed pricing structure of osteoporosis drugs, and evaluated price trends before and after generic drugs market entry. Data were derived from the U.S. Food and Drug Administration, the RedBook, the Centers for Medicare & Medicaid Services, and the Federal Supply Schedule (FSS). Descriptive statistics and segmented linear regression analyses were performed. In the period 1988-2014, osteoporosis drug prices increased faster than the inflation. The average wholesale price (AWP) of generic products at market entry represented 90 percent of the AWP for the corresponding brand. Prices of brand products continued to increase after generic entry. Drug prices showed a significant variation when compared with the brand AWP. The brand wholesale acquisition cost (WAC) was typically set at 83.3 percent of the AWP. Community pharmacies acquired osteoporosis brand drugs at a median of 80.5 percent of the brand AWP. Significant reductions in brand AWP were observed for Medicare Part B (78.5 percent of the brand AWP), generic National Average Drug Acquisition Cost (33.7 percent), and FSS (22.5 percent). There are significant differences in the manufacturer prices, pharmacy acquisition costs and reimbursement rates of osteoporosis drugs. Pharmaceutical companies listed prices are higher than the pharmacy actual estimated acquisitions costs, and the prices used for reimbursement to providers. Generic drugs entry significantly drives down prices; still, prices of branded drugs facing generic competition continued to increase after generic market entry.

  16. Whole Foods Market Improves Energy Efficiency in New Construction

    SciTech Connect

    2013-03-01

    Whole Foods Market partnered with the U.S. Department of Energy (DOE) to develop and implement solutions to reduce annual energy consumption in new stores by at least 50% versus requirements set by ASHRAE/ANSI/IESNA Standard 90.1-20041 as part of DOE’s Commercial Building Partnership (CBP) program.

  17. The carbon-consuming home: residential markets and energy transitions.

    PubMed

    Jones, Christopher

    2011-01-01

    Home heating and lighting markets have played crucial and underappreciated roles in driving energy transitions. When historians have studied the adoption of fossil fuels, they have often privileged industrial actors, markets, and technologies. My analysis of the factors that stimulated the adoption of anthracite coal and petroleum during the nineteenth century reveals that homes shaped how, when, and why Americans began to use fossil fuel energy. Moreover, a brief survey of other fossil fuel transitions shows that heating and lighting markets have been critical drivers in other times and places. Reassessing the historical patterns of energy transitions offers a revised understanding of the past for historians and suggests a new set of options for policymakers seeking to encourage the use of renewable energy in the future.

  18. Technology diffusion of energy-related products in residential markets

    SciTech Connect

    Davis, L.J.; Bruneau, C.L.

    1987-05-01

    Acceptance of energy-related technologies by end residential consumers, manufacturers of energy-related products, and other influential intermediate markets such as builders will influence the potential for market penetration of innovative energy-related technologies developed by the Department of Energy, Office of Building and Community Systems (OBCS). In this report, Pacific Northwest Laboratory reviewed the available information on technology adoption, diffusion, and decision-making processes to provide OBCS with a background and understanding of the type of research that has previously been conducted on this topic. Insight was gained as to the potential decision-making criteria and motivating factors that influence the decision-maker(s) selection of new technologies, and some of the barriers to technology adoption faced by potential markets for OBCS technologies.

  19. Goldratt's Thinking Process Applied to the Problems Associated with Trained Employee Retention in a Highly Competitive Labor Market

    ERIC Educational Resources Information Center

    Taylor, Lloyd J., III; Poyner, Ilene

    2008-01-01

    Purpose: This study aims to investigate the problem of trained employee retention in a highly competitive labor market for a manufacturing facility in the oilfields of West Texas. Design/methodology/approach: This article examines how one manufacturing facility should be able to retain their trained employees by using the logic of Eliyahu M.…

  20. The entry of Colombian-sourced heroin into the US market: the relationship between competition, price, and purity.

    PubMed

    Rosenblum, Daniel; Unick, George Jay; Ciccarone, Daniel

    2014-01-01

    There have been large structural changes in the US heroin market over the past 20 years. Colombian-sourced heroin entered the market in the mid-1990s, followed by a large fall in the price per pure gram and the exit of Asian heroin. By the 2000s, Colombian-sourced heroin had become a monopoly on the east coast and Mexican-sourced heroin a monopoly on the west coast with competition between the two in the middle. We estimate the relationship between these changes in competitive market structure on retail-level heroin price and purity. We find that the entry of Colombian-sourced heroin is associated with less competition and a lower price per pure gram of heroin at the national level. However, there is wide variation in changes in market concentration across the US. Controlling for the national fall in the heroin price, more competition in a region or city is associated with a lower price per pure gram.

  1. Goldratt's Thinking Process Applied to the Problems Associated with Trained Employee Retention in a Highly Competitive Labor Market

    ERIC Educational Resources Information Center

    Taylor, Lloyd J., III; Poyner, Ilene

    2008-01-01

    Purpose: This study aims to investigate the problem of trained employee retention in a highly competitive labor market for a manufacturing facility in the oilfields of West Texas. Design/methodology/approach: This article examines how one manufacturing facility should be able to retain their trained employees by using the logic of Eliyahu M.…

  2. The Entry of Colombian-Sourced Heroin into the US Market: The Relationship between Competition, Price, and Purity

    PubMed Central

    Rosenblum, Daniel; Unick, Jay; Ciccarone, Daniel

    2013-01-01

    There have been large structural changes in the US heroin market over the past 20 years. Colombian-sourced heroin entered the market in the mid-1990s, followed by a large fall in the price per pure gram and the exit of Asian heroin. By the 2000s, Colombian-sourced heroin had become a monopoly on the east coast and Mexican-sourced heroin a monopoly on the west coast with competition between the two in the middle. We estimate the relationship between these changes in competitive market structure on retail-level heroin price and purity. We find that the entry of Colombian-sourced heroin is associated with less competition and a lower price per pure gram of heroin at the national level. However, there is wide variation in changes in market concentration across the US. Controlling for the national fall in the heroin price, more competition in a region or city is associated with a lower price per pure gram. PMID:24211155

  3. The Power of Positional Competition and Market Mechanism: A Case Study of Recent Parental Choice Development in China

    ERIC Educational Resources Information Center

    Wu, Xiaoxin

    2008-01-01

    The positional competition reflected in the current parental choice fever in China is highlighted by the introduction of market mechanisms: buying houses near preferred schools, paying choice fees or co-founding fees, giving donations and spending money on spare time training classes, etc. All of these work effectively together with the…

  4. The Power of Positional Competition and Market Mechanism: A Case Study of Recent Parental Choice Development in China

    ERIC Educational Resources Information Center

    Wu, Xiaoxin

    2008-01-01

    The positional competition reflected in the current parental choice fever in China is highlighted by the introduction of market mechanisms: buying houses near preferred schools, paying choice fees or co-founding fees, giving donations and spending money on spare time training classes, etc. All of these work effectively together with the…

  5. Energy drink consumption and marketing in South Africa.

    PubMed

    Stacey, Nicholas; van Walbeek, Corné; Maboshe, Mashekwa; Tugendhaft, Aviva; Hofman, Karen

    2017-05-17

    Energy drinks are a fast-growing class of beverage containing high levels of caffeine and sugar. Advertising and marketing have been key to their growth in South Africa. This paper documents trends in energy drink consumption and energy drink advertising, and examines the relationship between exposure to energy drink advertising and consumption. Logistic regressions were estimated of categories of energy drink consumption on individual characteristics, as well as exposure to energy drink advertising. Exposure to advertising is measured by reported viewing of channels high in energy drink advertising. Energy drink consumption in South Africa is higher among younger, wealthier males. Spending on energy drink advertising is mostly focused on television. Targeted channels include youth, sports and general interest channels. Viewers of channels targeted by energy drink advertisers have higher odds of any and moderate levels of energy drinks consumption. Copyright © 2017 Elsevier Inc. All rights reserved.

  6. The New Hampshire retail competition pilot program and the role of green marketing

    SciTech Connect

    Holt, E.A.; Fang, J.M.

    1997-11-01

    Most states in the US are involved in electric industry restructuring, from considering the pros and cons in regulatory dockets to implementing legislative mandates for full restructuring and retail access for all consumers. Several states and utilities have initiated pilot programs in which multiple suppliers or service providers may compete for business and some utility customers can choose among competing suppliers. The State of New Hampshire has been experimenting with a pilot program, mandated by the State Legislature in 1995 and implemented by the New Hampshire Public Utilities Commission (NHPUC), before it implements full retail access. Green marketing, an attempt to characterize the supplier or service provider as environmentally friendly without referring to the energy resource used to generate electricity, was used by several suppliers or service providers to attract customers. This appeal to environmental consumerism was moderately successful, but it raised a number of consumer protection and public policy issues. This issue brief examines the marketing methods used in New Hampshire and explores what green marketing might mean for the development of renewable energy generation. It also addresses the issues raised and their implications.

  7. Considerations for Emerging Markets for Energy Savings Certificates

    SciTech Connect

    Friedman, Barry; Bird, Lori; Barbose, Galen

    2008-10-01

    Early experiences with energy savings certificates (ESCs) have revealed both their merit and the challenges associated with them. In the United States, there has been little activity to date, so any lessons must be drawn from experiences in Italy, the United Kingdom (UK), France, and elsewhere. The staying power of European examples, particularly in Italy, demonstrates that ESCs can help initiate more efficiency projects. Although a robust market for renewable energy certificates (RECs) has emerged in both the voluntary and policy compliance contexts in the United States, ESCs have yet to gain significant traction. This report looks at the opportunity presented by ESCs, the unique challenges they bring, a comparison with RECs that can inform expectations about ESC market development, and the solutions and best practices early ESC market experience have demonstrated. It also examines whether there are real market barriers that have kept ESCs from being adopted and what structural features are necessary to develop effective trading programs.

  8. Privatization and the Globalization of Energy Markets

    EIA Publications

    1996-01-01

    Discusses recent efforts at privatization in petroleum, electricity, and coal, as well as the impetus that privatization has provided in fostering the evolution of the multinational and multidimensional energy company.

  9. Privatization and the Globalization of Energy Markets

    EIA Publications

    1996-01-01

    Discusses recent efforts at privatization in petroleum, electricity, and coal, as well as the impetus that privatization has provided in fostering the evolution of the multinational and multidimensional energy company.

  10. Privatization and the globalization of energy markets

    SciTech Connect

    1996-10-01

    This report reviews recent global efforts to privatize energy resources and outlines the opportunities and challenges privatization has presented to U.S. and foreign multinational energy companies. The group of energy companies studied in this report includes the major U.S. petroleum companies and many foreign companies. The foreign companies reviewed include state-run energy enterprises, recently privatized energy enterprises, and foreign multinationals that have been privately held. The privatization of non-petroleum energy industries, such as electricity generation and transmission, natural gas transmission, and coal mining, are also discussed. Overseas investments made by electric companies, natural gas companies, and coal companies are included. The report is organized into six chapters: (1) economics of privatization; (2) petroleum privatization efforts among non-U.S. Organization for Economic Cooperation and Development nations; (3) petroleum privatization efforts in Latin America; (4) privatization in socialist and former socialist regimes; (5) privatization efforts in global electric power generation, transmission, and distribution industries; and (6) privatization and globalization of world coal.

  11. An R and D Agenda to enhance electricity system reliability by increasing customer participation in emerging competitive markets

    SciTech Connect

    Eto, J.; Marnay, C.; Goldman, C.; Kueck, J.; Kirby, B.; Dagle, J.; Alvarado, F.; Mount, T.; Oren, S.; Martinez, C.

    2000-10-01

    Recent electricity price spikes are painful reminders of the value that meaningful demand-side responses could bring to the restructuring US electricity system. Review of the aggregate offers made by suppliers confirms that even a modest increase demand elasticity could dramatically reduce these extremes in price volatility. We submit that dramatically increased customer participation in these markets to enhance system reliability and reduce price volatility is sorely needed. Indeed, allowing customers to manage their loads in response to system conditions might be thought of as the ultimate reliability resource. Most would agree that meaningful demand-side responses to price are the hallmark of a well-functioning competitive market (Kirby and Kueck 1999). Yet, in today's markets for electricity, little or no such response is evident. In effect, today's markets are incomplete; they represent only half of what a truly competitive market requires. The reason is simple: customers currently do not experience directly the time-varying costs of their consumption decisions. Consequently, they have no incentive to modify these decisions in ways that might enhance system reliability or improve the efficiency of the markets in which electricity is traded. We submit that increased customer participation is a necessary step in the evolution toward more efficient markets for electricity and ancillary services. Toward this end, this paper outlines an agenda for public-interest R&D in support of this objective.

  12. 77 FR 48148 - Energy Alternatives Wholesale, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-13

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Energy Alternatives Wholesale, LLC; Supplemental Notice That Initial Market... in the above-referenced proceeding, of Energy Alternatives Wholesale, LLC's application for market...

  13. 78 FR 40473 - Plainfield Renewable Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-07-05

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Plainfield Renewable Energy, LLC; Supplemental Notice That Initial Market... in the above-referenced proceeding, of Plainfield Renewable Energy, LLC's application for market...

  14. Current State of the Voluntary Renewable Energy Market (Presentation)

    SciTech Connect

    Heeter, J.

    2013-09-01

    This presentation highlights the status of the voluntary green power market in 2012. The voluntary green power market totaled more than 48 million MWh in 2012, with about 1.9 million customers participating. The supply continues to be dominated by wind, though solar is increasing its share of utility green pricing programs. Prices for voluntary renewable energy certificates (RECs) increased to above $1/MWh.

  15. Redefining RECs: Additionality in the voluntary Renewable Energy Certificate market

    NASA Astrophysics Data System (ADS)

    Gillenwater, Michael Wayne

    In the United States, electricity consumers are told that they can "buy" electricity from renewable energy projects, versus fossil fuel-fired facilities, through participation in a voluntary green power program. The marketing messages communicate to consumers that their participation and premium payments for a green label will cause additional renewable energy generation and thereby allow them to claim they consume electricity that is absent pollution as well as reduce pollutant emissions. Renewable Energy Certificates (RECs) and wind energy are the basis for the majority of the voluntary green power market in the United States. This dissertation addresses the question: Do project developers respond to the voluntary REC market in the United States by altering their decisions to invest in wind turbines? This question is investigated by modeling and probabilistically quantifying the effect of the voluntary REC market on a representative wind power investor in the United States using data from formal expert elicitations of active participants in the industry. It is further explored by comparing the distribution of a sample of wind power projects supplying the voluntary green power market in the United States against an economic viability model that incorporates geographic factors. This dissertation contributes the first quantitative analysis of the effect of the voluntary REC market on project investment. It is found that 1) RECs should be not treated as equivalent to emission offset credits, 2) there is no clearly credible role for voluntary market RECs in emissions trading markets without dramatic restructuring of one or both markets and the environmental commodities they trade, and 3) the use of RECs in entity-level GHG emissions accounting (i.e., "carbon footprinting") leads to double counting of emissions and therefore is not justified. The impotence of the voluntary REC market was, at least in part, due to the small magnitude of the REC price signal and lack of

  16. Marketing energy conservation options to Northwest manufactured home buyers

    SciTech Connect

    Hendrickson, P.L.; Mohler, B.L.; Taylor, Z.T.; Lee, A.D.; Onisko, S.A.

    1985-06-01

    This study relies on extensive, existing survey data and new analyses to develop information that would help design a marketing plan to achieve energy conservation in new manufactured homes. Existing surveys present comprehensive information about regional manufactured home occupants and their homes that are relevant to a potential conservation marketing plan. An independent analysis of the cost-effectiveness of various efficiency improvements provides background information for designing a marketing plan. This analysis focuses on the economic impacts of alternative energy conservation options as perceived by the home owner. Identifying impediments to conservation investments is also very important in designing a marketing plan. A recent report suggests that financial constraints and the need for better information and knowledge about conservation pose the major conservation investment barriers. Since loan interest rates for new manufactured homes typically exceed site-built rates by a considerable amount and the buyers tend to have lower incomes, the economics of manufactured home conservation investments are likely to significantly influence their viability. Conservation information and its presentation directly influences the manufactured home buyer's decision. A marketing plan should address these impediments and their implications very clearly. Dealers express a belief that consumer satisfaction is the major advantage to selling energy efficient manufactured homes. This suggests that targeting dealers in a marketing plan and providing them direct information on consumers' indicated attitudes may be important. 74 refs.

  17. Operations Optimization of Hybrid Energy Systems under Variable Markets

    SciTech Connect

    Chen, Jun; Garcia, Humberto E.

    2016-07-01

    Hybrid energy systems (HES) have been proposed to be an important element to enable increasing penetration of clean energy. This paper investigates the operations flexibility of HES, and develops a methodology for operations optimization to maximize its economic value based on predicted renewable generation and market information. The proposed operations optimizer allows systematic control of energy conversion for maximal economic value, and is illustrated by numerical results.

  18. Roadmap of retail electricity market reform in China: assisting in mitigating wind energy curtailment

    NASA Astrophysics Data System (ADS)

    Yu, Dezhao; Qiu, Huadong; Yuan, Xiang; Li, Yuan; Shao, Changzheng; Lin, You; Ding, Yi

    2017-01-01

    Among the renewable energies, wind energy has gained the rapidest development in China. Moreover wind power generation has been penetrated into power system in a large scale. However, the high level wind curtailment also indicates a low efficiency of wind energy utilization over the last decade in China. One of the primary constraints on the utilization of wind energy is the lack of an electricity market, in which renewable energies can compete equally with traditional fossil fuel generation. Thus the new round electric power industry reform is essential in China. The reform involves implementing new pricing mechanism, introducing retail-side competition, promoting the consumption of renewable energy. The new round reform can be a promising solution for promoting the development and consumption of wind energy generation in China. Based on proposed reform policies of electric power industry, this paper suggests a roadmap for retail electricity market reform of China, which consists of three stages. Barriers to the efficient utilization of wind energy are also analysed. Finally, this paper introduces several efficient measures for mitigating wind curtailment in each stage of reform.

  19. Markets for renewable energy in Central America and the Caribbean

    SciTech Connect

    Patil, P.G.; Sloop, J.L.

    1982-01-01

    For market studies of renewable energy and conservation equipment, Costa Rica was selected as the most favorable Central American country and representative of the rest. The Dominican Republic, Jamaica, Barbados, and Antigua were selected as representative of the Caribbean islands, from the largest to one of the smallest. Best markets in Costa Rica are judged to be micro and mini hydroelectric systems, heat pumps for large hot water users, photovoltaic systems for low-power remote devices, small distilleries for producing alcohol from sugar cane, solar dryers for bagasse, and energy conservation equipment. Market prospects for the Caribbean islands are very good, including micro and mini hydroelectric systems for those countries with water resources, solar drying of bagasse, solar water heaters, solar ponds/solar thermal systems for electric power or heat processes, wind-electric systems for utility grids and farms, photovoltaics for small power uses, and energy conservation equipment.

  20. Energy disclosure, market behavior, and the building data ecosystem.

    PubMed

    Kontokosta, Constantine E

    2013-08-01

    Energy disclosure laws represent one of the most promising public policy tools to accelerate market transformation around building energy efficiency. For this type of information to have an impact on market behavior, it must be collected, analyzed, and disseminated to support the decision-making processes of each end user and influence both the producers and consumers of building performance data. This paper explores the significance of energy disclosure requirements and outlines a framework for utilizing these new sources of transparent, publicly available information. It presents the mechanisms by which information can alter market behavior in the commercial real estate sector and develops a wiring diagram for the flows of information through the building data ecosystem. It concludes with a discussion of the motivations, metrics, and constraints faced by the various stakeholders in the ecosystem and how these factors influence investment decision models.

  1. U.S. Competitiveness in the World Wheat Market. Proceedings of a Research Conference (Washington, D.C., June 17-18, 1986).

    ERIC Educational Resources Information Center

    Economic Research Service (USDA), Washington, DC.

    These proceedings contain presentations and summaries of papers presented at a Wheat Competitiveness Conference. They begin with two presentations--"The Wheat Prototype Study within an Overall Conceptual Framework of Competitiveness" (James Langley) and "U.S. Competitiveness in the World Wheat Market: A Prototype Study" (Jerry…

  2. 76 FR 3881 - Application To Export Electric Energy; TransAlta Energy Marketing (U.S.) Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-01-21

    ... Application To Export Electric Energy; TransAlta Energy Marketing (U.S.) Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: TransAlta Energy Marketing (U... be surplus energy purchased from electric utilities, Federal power marketing agencies, and other...

  3. Performance Contracting and Energy Efficiency in the State Government Market

    SciTech Connect

    Bharvirkar, Ranjit; Goldman, Charles; Gilligan, Donald; Singer, Terry E.; Birr, David; Donahue, Patricia; Serota, Scott

    2008-11-14

    There is growing interest in energy efficiency (EE) among state policymakers as a result of increasing environmental concerns, rising electricity and natural gas prices, and lean economic times that motivate states to look more aggressively for cost-saving opportunities in public sector buildings. One logical place for state policymakers to demonstrate their commitment to energy efficiency is to 'lead by example' by developing and implementing strategies to reduce the energy consumption of state government facilities through investments in energy efficient technologies. Traditionally, energy efficiency improvements at state government facilities are viewed as a subset in the general category of building maintenance and construction. These projects are typically funded through direct appropriations. However, energy efficiency projects are often delayed or reduced in scope whereby not all cost-effective measures are implemented because many states have tight capital budgets. Energy Savings Performance Contracting (ESPC) offers a potentially useful strategy for state program and facility managers to proactively finance and develop energy efficiency projects. In an ESPC project, Energy Service Companies (ESCOs) typically guarantee that the energy and cost savings produced by the project will equal or exceed all costs associated with implementing the project over the term of the contract. ESCOs typically provide turnkey design, installation, and maintenance services and also help arrange project financing. Between 1990 and 2006, U.S. ESCOs reported market activity of {approx}$28 Billion, with about {approx}75-80% of that activity concentrated in the institutional markets (K-12 schools, colleges/universities, state/local/federal government and hospitals). In this study, we review the magnitude of energy efficiency investment in state facilities and identify 'best practices' while employing performance contracting in the state government sector. The state government

  4. Blades of Glory: An Energy.gov Mini-Doc – The 2016 Collegiate Wind Competition

    SciTech Connect

    Zayas, Jose; Newcomb, Charles

    2016-06-06

    In this short documentary, we follow three collegiate teams who are participating in this year’s U.S. Department of Energy Collegiate Wind Competition in New Orleans. Learn about their experiences and why the competition is important for America’s clean energy future. The competition provides undergraduates with real-world skills they need to enter tomorrow’s clean energy workforce by challenging them to develop and deliver a business plan, establish a deployment strategy, and build and test a wind turbine.

  5. Literature review of market studies of thermal energy storage

    SciTech Connect

    Hattrup, M.P.

    1988-02-01

    This report presents the results of a review of market studies of thermal energy storage (TES). This project was conducted by Pacific Northwest Laboratory (PNL) for the US Department of Energy (DOE). PNL staff reviewed and consolidated the findings of existing TES market studies conducted in the industrial, commercial, and residential sectors. The purpose of this project was to review and assess previous work and to use the information obtained to help provide direction for future technology transfer planning activities and to identify additional economic research needed within those three sectors. 37 refs.

  6. Market and Policy Barriers to Energy Storage Deployment

    SciTech Connect

    Bhatnagar, Dhruv; Currier, Aileen; Hernandez, Jacquelynne; Ma, Ookie; Kirby, Brendan

    2013-09-01

    Electric energy storage technologies can provide numerous grid services; there are a number of factors that restrict their current deployment. The most significant barrier to deployment is high capital costs, though several recent deployments indicate that capital costs are decreasing and energy storage may be the preferred economic alternative in certain situations. However, a number of other market and regulatory barriers persist, limiting further deployment. These barriers can be categorized into regulatory barriers, market (economic) barriers, utility and developer business model barriers, cross-cutting barriers and technology barriers.

  7. Competition Experiments as a Means of Evaluating Linear Free Energy Relationships

    ERIC Educational Resources Information Center

    Mullins, Richard J.; Vedernikov, Andrei; Viswanathan, Rajesh

    2004-01-01

    The use of competition experiments as a means of evaluating linear free energy relationship in the undergraduate teaching laboratory is reported. The use of competition experiments proved to be a reliable method for the construction of Hammett plots with good correlation providing great flexibility with regard to the compounds and reactions that…

  8. Competition Experiments as a Means of Evaluating Linear Free Energy Relationships

    ERIC Educational Resources Information Center

    Mullins, Richard J.; Vedernikov, Andrei; Viswanathan, Rajesh

    2004-01-01

    The use of competition experiments as a means of evaluating linear free energy relationship in the undergraduate teaching laboratory is reported. The use of competition experiments proved to be a reliable method for the construction of Hammett plots with good correlation providing great flexibility with regard to the compounds and reactions that…

  9. 75 FR 5782 - Noble Energy Marketing and Trade Corporation; Supplemental Notice That Initial Market-Based Rate...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-02-04

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Noble Energy Marketing and Trade Corporation; Supplemental Notice That.... This is a supplemental notice in the above-referenced proceeding of Noble Energy Marketing and Trade...

  10. Essays on U.S. energy markets

    NASA Astrophysics Data System (ADS)

    Brightwell, David A.

    2008-04-01

    This dissertation examines three facets of U.S. energy use and policy. First, I examine the Gulf Coast petroleum refining industry to determine the structure of the industry. Using the duality between cost-minimization and production functions, I estimate the demand for labor to determine the underlying production function. The results indicate that refineries have become more capital intensive due to the relative price increase of labor. The industry has consolidated in response to higher labor costs and costs of environmental compliance. Next, I examine oil production in the United States. An empirical model based on the theoretical framework of Pindyck is used to estimate production. This model differs from previous research by using state level data rather than national level data. The results indicate that the production elasticity with respect to reserves and the price elasticity of supply are both inelastic in the long run. The implication of these findings is that policies designed to increase domestic production through subsidies, tax breaks, or royalty reductions will likely provide little additional oil. We simulate production under three scenarios. In the most extreme scenario, prices double between 2005 and 2030 while reserves increase by 50%. Under this scenario, oil production in 2030 is approximately the same as the 2005 level. The third essay estimates demand for fossil fuels in the U.S. and uses these estimates to forecast CO2 emissions. The results indicate that there is almost no substitution from one fossil fuel to another and that all three fossil fuels are inelastic in the long run. Additionally, all three fuels respond differently to changes in GDP. The result of the differing elasticities with respect to GDP is that the energy mix has changed over time. The implication for forecasting CO2 emissions is that models that cannot distinguish changes in the energy mix are not effective in forecasting CO2 emissions.

  11. Market penetration analysis for direct heat geothermal energy applications

    SciTech Connect

    Thomas, R.J.; Nelson, R.A.

    1981-06-01

    This study is concerned with the estimation of the National geothermal market potential and penetration in direct heat applications for residences and certain industry segments. An important aspect of this study is that the analysis considers both known and anticipated goethermal resources. This allows for an estimation of the longer-range potential for geothermal applications. Thus the approach and results of this study provide new insights and valuable information not obtained from more limited, site-specific types of analyses. Estimates made in this study track geothermal market potential and projected penetration from the present to the year 2020. Private sector commercialization of geothermal energy over this period requires assistance in the identification of markets and market sizes, potential users, and appropriate technical applications.

  12. Commercial Building Energy Asset Rating Program -- Market Research

    SciTech Connect

    McCabe, Molly J.; Wang, Na

    2012-04-19

    Under contract to Pacific Northwest National Laboratory, HaydenTanner, LLC conducted an in-depth analysis of the potential market value of a commercial building energy asset rating program for the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy. The market research objectives were to: (1) Evaluate market interest and need for a program and tool to offer asset rating and rapidly identify potential energy efficiency measures for the commercial building sector. (2) Identify key input variables and asset rating outputs that would facilitate increased investment in energy efficiency. (3) Assess best practices and lessons learned from existing national and international energy rating programs. (4) Identify core messaging to motivate owners, investors, financiers, and others in the real estate sector to adopt a voluntary asset rating program and, as a consequence, deploy high-performance strategies and technologies across new and existing buildings. (5) Identify leverage factors and incentives that facilitate increased investment in these buildings. To meet these objectives, work consisted of a review of the relevant literature, examination of existing and emergent asset and operational rating systems, interviews with industry stakeholders, and an evaluation of the value implication of an asset label on asset valuation. This report documents the analysis methodology and findings, conclusion, and recommendations. Its intent is to support and inform the DOE Office of Energy Efficiency and Renewable Energy on the market need and potential value impacts of an asset labeling and diagnostic tool to encourage high-performance new buildings and building efficiency retrofit projects.

  13. The effect of virtual bidding on forward premiums in the New York wholesale energy market

    NASA Astrophysics Data System (ADS)

    Knudsen, Andrew D.

    In many parts of the United States, the power industry has been deregulated and replaced with regional wholesale energy markets, where utilities purchase electricity from generators at competitive market rates for subsequent distribution to customers. Numerous studies have shown that in each of these markets, the price of energy purchased in the Day Ahead (futures) market exceeds the price in the Real Time (spot) market on average. The existence of this "forward premium" is evidence of market inefficiency and may indicate participants' aversion to risk in the Real Time market or the exercise of market power by generators. To address this inefficiency, the New York Independent System Operator introduced a virtual bidding system within its wholesale market, which permitted participants to engage in purely financial transactions and hedge their exposure to risk. The new policy was expected to promote price convergence by allowing bidders to arbitrage expected differences between Day Ahead and Real Time prices. This study examines whether the presence of virtual bidding was associated with a change in the mean value and magnitude of forward premiums in the NYISO energy market. The study applies a GARCH model to hourly pricing data from 2001 to 2009, controlling for temperature and economic activity. The results indicate that prior to 2005, virtual bidding was associated with significantly lower and less volatile forward premiums in New York's five most congested zones but with increased premiums in the remaining less congested zones. However, when the entire period from 2001 to 2009 is examined, the results suggest that prices have become significantly more divergent in the presence of virtual bidding. Closer examination of the data reveals a dramatic increase in forward premium volatility across all zones beginning in 2005 that is not accounted for by temperature or economic activity and may have biased the results. This study attempts to account for this unexplained

  14. The North American Market For Renewable Energy Certificates, 6. edition

    SciTech Connect

    2007-10-15

    The report provides a study of the Renewable Energy Certificate (REC) market and takes a comprehensive look at what RECs are, how they work, the role they can play in spurring renewable energy development, the different models for implementing RECs, current offerings of REC suppliers, and customer purchases of RECs. Topics covered include: an overview of green power; definition of what RECs are and how they work; discussion of the history of RECs and their uses; explanation of the benefits of RECs and the challenges they face; discussion of how RECs interact with Renewable Portfolio Standards; discussion of the REC certification process; overview of the current market for RECs in the U.S.; profiles of major North American REC tracking systems; and, profiles of 40 key North American REC market participants.

  15. Redefining Competition Constructively: The Challenges of Privatisation, Competition and Market-Based State Policy in the United States

    ERIC Educational Resources Information Center

    Eckel, Peter D.

    2007-01-01

    In the United States, the relationship between state governments and public colleges and universities is being redefined with new notions of autonomy and accountability, and with funding policies that are highly market-driven (often referred to as "privatisation") as the centrepieces. Situations and institutional strategies unthinkable…

  16. Redefining Competition Constructively: The Challenges of Privatisation, Competition and Market-Based State Policy in the United States

    ERIC Educational Resources Information Center

    Eckel, Peter D.

    2007-01-01

    In the United States, the relationship between state governments and public colleges and universities is being redefined with new notions of autonomy and accountability, and with funding policies that are highly market-driven (often referred to as "privatisation") as the centrepieces. Situations and institutional strategies unthinkable…

  17. Three strikes and you`re out! An exploration of the 22 immutable laws of marketing and their implications for retail competition

    SciTech Connect

    Henneberger, T.

    1994-11-01

    The article highlights a speech on how utilities can avoid costly marketing mistakes by following the `22 Immutable Laws of Marketing` postulated by Al Ries and Jack Trout. U.S. utilities currently offer a variety of products and services that all look alike. Utilities must distinguish themselves with consumers as retail competition enters the electric power industry. The laws apply to markets with leadership, category, and resources categories; they also apply to customers with mind, perception, and focus categories. These laws do not always follow traditional marketing principles, but represent a common sense approach to successfully introduce new products and services in highly competitive markets.

  18. Market shares and individual company data for US energy markets: 1950-1984

    SciTech Connect

    Brannan, M.; Dougher, R.

    1985-01-01

    Revised and updated data summarize trends in concentration in US energy markets. In addition, the report discusses methodology and definitions, provides company-by-company data for 1984 and several earlier years on market shares in various segments of the petroleum industry, and similar market share data for coal, uranium, and all-energy combined. Most measures of concentration in 1984 increased because of oil company mergers, but ratios are still below the level of a decade ago. While domestic oil production concentration rose in 1984, only the 8-firm concentration ratio showed a significant increase. Oil reserve ownership is more concentrated than production. An increasing concentration in refining capacity and refinery runs reflects large-company mergers and shutdowns by small refiners. 101 tables.

  19. Solar Power Satellites: Creating the Market for Beamed Energy Propulsion

    SciTech Connect

    Coopersmith, Jonathan

    2010-05-06

    Beamed energy advocates must investigate the potential of major markets like space based solar satellites and space-based nuclear waste disposal. For BEP to succeed, its proponents must work with these possible users to generate interest and resources needed to develop BEP.

  20. Solar Power Satellites: Creating the Market for Beamed Energy Propulsion

    NASA Astrophysics Data System (ADS)

    Coopersmith, Jonathan

    2010-05-01

    Beamed energy advocates must investigate the potential of major markets like space based solar satellites and space-based nuclear waste disposal. For BEP to succeed, its proponents must work with these possible users to generate interest and resources needed to develop BEP.

  1. Energy Efficiency, Building Productivity and the Commercial Buildings Market

    SciTech Connect

    Jones, D.W.

    2002-05-16

    The energy-efficiency gap literature suggests that building buyers are often short-sighted in their failure to apply life-cycle costing principles to energy efficient building technologies, with the result that under investment in these advanced technology occurs. This study examines the reasons this behavior may occur, by analyzing the pressures that market forces place on purchasers of buildings. Our basic conclusion is that the fundamental manner in which the buildings sector does business creates pressures to reduce initial capital outlays and to hedge against a variety of risks, including the ability of building owners to capture benefits from energy efficiency. Starting from the position that building buyers' willingness to pay drives choices over building attributes, we examine basic market principles, the structure of the buildings market, including the role of lenders, and policies that promote penetration of energy efficient technologies. We conclude that greater attention to buyers, and to the incentives and constraints they face, would promote a better understanding of building investment choices and contribute to better policies to promote the penetration of these technologies into markets.

  2. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.2 Prohibition of electric energy market manipulation. (a) It shall be unlawful for any entity, directly...

  3. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.2 Prohibition of electric energy market manipulation. (a) It shall be unlawful for any entity, directly...

  4. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.2 Prohibition of electric energy market manipulation. (a) It shall be unlawful for any entity, directly or...

  5. 77 FR 39689 - Application To Export Electric Energy; IPR-GDF SUEZ Energy Marketing North America, Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-07-05

    ...; IPR-GDF SUEZ Energy Marketing North America, Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: IPR-GDF SUEZ Energy Marketing North America, Inc... Mexico would be surplus energy purchased from electric utilities, Federal power marketing agencies, and...

  6. SunShot: Making Solar Energy Cost-Competitive Throughout the United States (Fact Sheet)

    SciTech Connect

    Not Available

    2013-02-01

    The U.S. Department of Energy SunShot Initiative is designed to re-establish American technological leadership, strengthen U.S. economic competitiveness in the global clean energy race, and help America obtain a secure energy future. This fact sheet highlights the achievements of the initiative since 2010.

  7. Uncertainty, loss aversion, and markets for energy efficiency

    SciTech Connect

    Greene, David L

    2010-01-01

    Increasing energy efficiency is critical to mitigating greenhouse gas emissions from fossil-fuel combustion, reducing oil dependence, and achieving a sustainable global energy system. The tendency of markets to neglect apparently cost-effective energy efficiency options has been called the efficiency gap or energy paradox. The market for energy efficiency in new, energy-using durable goods, however, appears to have a bias that leads to undervaluation of future energy savings relative to their expected value. This paper argues that the bias is chiefly produced by the combination of substantial uncertainty about the net value of future fuel savings and the loss aversion of typical consumers. This framework relies on the theory of contextdependent preferences. The uncertainty-loss aversion bias against energy efficiency is quantifiable, making it potentially correctible by policy measures. The welfare economics of such policies remains unresolved. Data on the costs of increased fuel economy of new passenger cars, taken from a National Research Council study, illustrate how an apparently cost-effective increase in energy efficiency would be uninteresting to lossaverse consumers.

  8. Evaluating the potential impact of transmission constraints on the operation of a competitive electricity market in Illinois.

    SciTech Connect

    Cirillo, R.; Thimmapuram, P.; Veselka, T.; Koritarov, V.; Conzelmann, G.; Macal, C.; Boyd, G.; North, M.; Overbye, T.; Cheng, X.; Decision and Information Sciences; Univ. of Illinois

    2006-04-30

    Despite the current adequacy of the generation and transmission system in Illinois, there is concern that the uncertainties of electricity restructuring warrant a more detailed analysis to determine if there might be pitfalls that have not been identified under current conditions. The problems experienced elsewhere in the country emphasize the need for an evaluation of how Illinois might fare under a restructured electricity market. The Illinois Commerce Commission (ICC) commissioned this study to be undertaken as a joint effort by the University of Illinois at Urbana-Champaign and Argonne National Laboratory to evaluate the Illinois situation in the 2007 period when restructuring is scheduled to be fully implemented in the State. The purpose of this study is to make an initial determination if the transmission system in Illinois and the surrounding region would be able to support a competitive electricity market, would allow for effective competition to keep prices in check, and would allow for new market participants to effectively compete for market share. The study seeks to identify conditions that could reasonably be expected to occur that would enable a company to exercise market power in one or more portions of the State and thereby create undue pressure on the prices charged to customers and/or inhibit new market participants from entering the market. The term 'market power' has many different definitions, and there is no universal agreement on how to measure it. For the purposes of this study, the term is defined as the ability to raise prices and increase profitability by unilateral action. A more complete definition is provided later. With this definition, the central question of this analysis becomes: 'Can a company, acting on its own, raise electricity prices and increase its profits?' It should be noted that the intent of the study is not to predict whether or not such market power would be exercised by any company. Rather, it is designed to determine

  9. Market and policy barriers to energy storage deployment :

    SciTech Connect

    Bhatnagar, Dhruv; Currier, Aileen B.; Hernandez, Jacquelynne; Ma, Ookie; Kirby, Brendan

    2013-09-01

    Electric energy storage technologies have recently been in the spotlight, discussed as essential grid assets that can provide services to increase the reliability and resiliency of the grid, including furthering the integration of variable renewable energy resources. Though they can provide numerous grid services, there are a number of factors that restrict their current deployment. The most significant barrier to deployment is high capital costs, though several recent deployments indicate that capital costs are decreasing and energy storage may be the preferred economic alternative in certain situations. However, a number of other market and regulatory barriers persist, limiting further deployment. These barriers can be categorized into regulatory barriers, market (economic) barriers, utility and developer business model barriers, crosscutting barriers and technology barriers. This report, through interviews with stakeholders and review of regulatory filings in four regions roughly representative of the United States, identifies the key barriers restricting further energy storage development in the country. The report also includes a discussion of possible solutions to address these barriers and a review of initiatives around the country at the federal, regional and state levels that are addressing some of these issues. Energy storage could have a key role to play in the future grid, but market and regulatory issues have to be addressed to allow storage resources open market access and compensation for the services they are capable of providing. Progress has been made in this effort, but much remains to be done and will require continued engagement from regulators, policy makers, market operators, utilities, developers and manufacturers.

  10. Solar and Geothermal Energy: New Competition for the Atom

    ERIC Educational Resources Information Center

    Carter, Luther J.

    1974-01-01

    Describes new emphasis on research into solar and geothermal energy resources by governmental action and recent legislation and the decreased emphasis on atomic power in supplementing current energy shortages. (BR)

  11. Solar and Geothermal Energy: New Competition for the Atom

    ERIC Educational Resources Information Center

    Carter, Luther J.

    1974-01-01

    Describes new emphasis on research into solar and geothermal energy resources by governmental action and recent legislation and the decreased emphasis on atomic power in supplementing current energy shortages. (BR)

  12. The relationship between hospital market competition, evidence-based performance measures, and mortality for chronic heart failure.

    PubMed

    Maeda, Jared Lane K; Lo Sasso, Anthony T

    2012-01-01

    Using data from the Joint Commission's ORYX initiative and the Medicare Provider Analysis and Review file from 2003 to 2006, this study employed a fixed-effects approach to examine the relationship between hospital market competition, evidence-based performance measures, and short-term mortality at seven days, 30 days, 90 days, and one year for patients with chronic heart failure. We found that, on average, higher adherence with most of the Joint Commission's heart failure performance measures was not associated with lower mortality; the level of market competition also was not associated with any differences in mortality. However, higher adherence with the discharge instructions and left ventricular function assessment indicators at the 80th and 90th percentiles of the mortality distribution was associated with incrementally lower mortality rates. These findings suggest that targeting evidence-based processes of care might have a stronger impact in improving patient outcomes.

  13. Competition in the NHS internal market: an overview of its effects on hospital prices and costs.

    PubMed

    Propper, C; Söderlund, N

    1998-05-01

    The 1989 reforms of the UK National Health Service (NHS) introduced competition in the supply of hospital services. This paper synthesizes both the theory underlying the introduction of competition into the NHS, and the limited existing evidence on whether competition affects the prices posted by sellers of medical services, and the costs of producing these services. The results indicate high levels of price variability, widespread disregard for average cost pricing rules and some indication that competition had some effect on prices. It appears that lower prices may be offered to smaller purchasers, such as General Practice Fund Holders (GPFH). This effect of competition on price was mirrored, with a delay, in hospital costs.

  14. Advanced Modeling of Renewable Energy Market Dynamics: May 2006

    SciTech Connect

    Evans, M.; Little, R.; Lloyd, K.; Malikov, G.; Passolt, G.; Arent, D.; Swezey, B.; Mosey, G.

    2007-08-01

    This report documents a year-long academic project, presenting selected techniques for analysis of market growth, penetration, and forecasting applicable to renewable energy technologies. Existing mathematical models were modified to incorporate the effects of fiscal policies and were evaluated using available data. The modifications were made based on research and classification of current mathematical models used for predicting market penetration. An analysis of the results was carried out, based on available data. MATLAB versions of existing and new models were developed for research and policy analysis.

  15. Clean Energy Policies Analysis: The Role of Policy in Clean Energy Market Transformation (Presentation)

    SciTech Connect

    Doris, E.

    2010-11-01

    This presentation was written and presented by Elizabeth Doris (NREL) at the November 17 TAP Webinar to provide background detail about how state policies are transforming the clean energy market in different regions of the country.

  16. Understanding specialist sharing: A mixed-method exploration in an increasingly price-competitive hospital market.

    PubMed

    Westra, Daan; Angeli, Federica; Jatautaitė, Evelina; Carree, Martin; Ruwaard, Dirk

    2016-08-01

    Medical specialists seem to increasingly work in- and be affiliated to- multiple organizations. We define this phenomenon as specialist sharing. This form of inter-organizational cooperation has received scant scholarly attention. We investigate the extent of- and motives behind- specialist sharing, in the price-competitive hospital market of the Netherlands. A mixed-method was adopted. Social network analysis was used to quantitatively examine the extent of the phenomenon. The affiliations of more than 15,000 medical specialists to any Dutch hospital were transformed into 27 inter-hospital networks, one for each medical specialty, in 2013 and in 2015. Between February 2014 and February 2016, 24 semi-structured interviews with 20 specialists from 13 medical specialties and four hospital executives were conducted to provide in-depth qualitative insights regarding the personal and organizational motives behind the phenomenon. Roughly, 20% of all medical specialists are affiliated to multiple hospitals. The phenomenon occurs in all medical specialties and all Dutch hospitals share medical specialists. Rates of specialist sharing have increased significantly between 2013 and 2015 in 14 of the 27 specialties. Personal motives predominantly include learning, efficiency, and financial benefits. Increased workload and discontinuity of care are perceived as potential drawbacks. Hospitals possess the final authority to decide whether and which specialists are shared. Adhering to volume norms and strategic considerations are seen as their main drivers to share specialists. We conclude that specialist sharing should be interpreted as a form of inter-organizational cooperation between healthcare organizations, facilitating knowledge flow between them. Although quality improvement is an important perceived factor underpinning specialist sharing, evidence of enhanced quality of care is anecdotal. Additionally, the widespread occurrence of the phenomenon and the underlying

  17. New energy efficient torchieres ready for hot torchiere market

    SciTech Connect

    Page, E.; Mills, E.; Siminovitch, M.

    1997-11-01

    The extraordinary market growth of the high power halogen torchiere (halogen uplighter) presents significant global energy savings opportunities for energy efficient alternatives. Extensive developed of prototype designs of energy efficient torchiere systems using compact fluorescent lamps (CFLs) has lead directly to the production and commercialization of CFL torchieres. This paper analyzes the current global market for torchieres and compares the electrical and photometric characteristics of one of the new CFL torchieres to standard tungsten halogen torchieres. Power assessments and photometric data indicate that the new CFL torchiere provides significant energy savings over the standard tungsten halogen torchiere while producing more luminous flux. The energy savings is jointly due to the high source efficacy of the CFLs and the poor performance of many cheaply made halogen lamps. Laboratory and in-situ experiments indicate that the CFL torchieres use 65 Watts to produce 25% more light than the 300 W tungsten halogen torchieres they are designed to replace. Additionally, the CFL torchieres have the benefit of a cooler lamp operating temperature, making them safer luminaires (Brooks, 1997; New York Times, 1997). This safety benefit, coupled with the potential for significant reductions in global greenhouse gas emissions, has prompted the insurance industry to form a unique alliance with energy conservation groups to promote energy efficient torchieres.

  18. SMART Scale An Innovative Program Accelerating the Energy Efficiency Market

    SciTech Connect

    Clark, Colin; Aldridge, Mahlon; Higgins, Cathy

    2016-12-29

    Small business is a major component of the American economy. More than half of all private sector workers in this country are employed by small businesses and nearly two-thirds of the new jobs generated in the last ten years were created in this sector. Studies have shown that buildings of less than 50,000 square feet represent 94% of the commercial sector and half of all non-residential floor space in the United States. The future of the American economy relies on a vibrant, robust, and profitable small business community. Small and mid-sized businesses (SMB) can increase their profitability by reducing their operating costs through energy efficiency. The SMART Scale program delivers deep retrofits that maximize energy and cost savings for the SMB market and can be adapted throughout the country in markets of all sizes. For the past 14 years, Ecology Action has been perfecting a Direct Install (DI) program for the SMB market that offers this sector the type of sophisticated, comprehensive energy saving opportunities that were previously available only to large commercial and industrial customers. The DI 2.0 model that Ecology Action has administered for several public and investor-owned California utilities, and most recently for the Sacramento Municipal Utilities District (SMUD), provides the template for a successful retrofit program that can address the unique barriers faced by the SMB sector and achieve a greater impact than traditional DI programs. The impressive results produced by the DI 2.0 program prompted the US Department of Energy to award Ecology Action a $2 million grant in 2013 to create, demonstrate and roll out a replicable model for delivering deep retrofits to small commercial buildings. The grant enabled Ecology Action to build on the success of DI 2.0 by incorporating improvements into the model, market-testing it and designing a costeffective method of achieving significant energy savings for small businesses across the country.

  19. Market competition, ownership, payment systems and the performance of health care providers - a panel study among Finnish occupational health services providers.

    PubMed

    Kankaanpää, Eila; Linnosmaa, Ismo; Valtonen, Hannu

    2013-10-01

    Many health care reforms rely on competition although health care differs in many respects from the assumptions of perfect competition. Finnish occupational health services provide an opportunity to study empirically competition, ownership and payment systems and the performance of providers. In these markets employers (purchasers) choose the provider and prices are market determined. The price regulation of public providers was abolished in 1995. We had data on providers from 1992, 1995, 1997, 2000 and 2004. The unbalanced panel consisted of 1145 providers and 4059 observations. Our results show that in more competitive markets providers in general offered a higher share of medical care compared to preventive services. The association between unit prices and revenues and market environment varied according to the provider type. For-profit providers had lower prices and revenues in markets with numerous providers. The public providers in more competitive regions were more sensitive to react to the abolishment of their price regulation by raising their prices. Employer governed providers had weaker association between unit prices or revenues and competition. The market share of for-profit providers was negatively associated with productivity, which was the only sign of market spillovers we found in our study.

  20. Changing competition in health care marketing: a method for analysis and strategic planning.

    PubMed

    Ellis, B; Brockman, B K

    1993-01-01

    As the cost and importance of healthcare continue to increase, competition in the medical industry is taking new forms and becoming more intense. The driving trends behind this competition are analyzed in the framework of Porter's Five Forces of Competition Model. The authors then discuss how the widely accepted strategies of cost, differentiation, focus, and domestication can be utilized to counter the implications of these trends and how to capitalize on opportunities in medical practice in the 1990's.

  1. Impact of global financial crisis on stylized facts between energy markets and stock markets

    NASA Astrophysics Data System (ADS)

    Leng, Tan Kim; Cheong, Chin Wen; Hooi, Tan Siow

    2014-06-01

    Understanding the stylized facts is extremely important and has becomes a hot issue nowadays. However, recent global financial crisis that started from United States had spread all over the world and adversely affected the commodities and financial sectors of both developed and developing countries. This paper tends to examine the impact of crisis on stylized facts between energy and stock markets using ARCH-family models based on the experience over 2008 global financial crisis. Empirical results denote that there is long lasting, persists and positively significant the autocorrelation function of absolute returns and their squares in both markets for before and during crisis. Besides that, leverage effects are found in stock markets whereby bad news has a greater impact on volatility than good news for both before and during crisis. However, crisis does not indicate any impact on risk-return tradeoff for both energy and stock markets. For forecasting evaluations, GARCH model and FIAPARCH model indicate superior out of sample forecasts for before and during crisis respectively.

  2. Markets for rice husk-to-energy systems and equipment

    SciTech Connect

    Velupillai, L.; Mahin, D.B.

    1996-12-31

    A worldwide study of markets for U.S. equipment and systems for the production of energy from rice husks was conducted in 1995-96 by a team based at the Louisiana State University (LSU) Agricultural Center in Baton Rouge, Louisiana. The project was carried out in cooperation with Agrilectric Power Inc. and Riceland Foods, Inc., and funded by the U.S. Department of Energy through the National Renewable Energy Laboratory. The study included: (a) a global overview of the rice industry, rice husk availability and utilization, and husk-to-energy technologies, and (b) case studies of husk utilization and potential markets for husk-to-energy systems and equipment in five countries - the United States, Italy, China, Thailand, and Sri Lanka. The case studies in Italy, China, and Thailand were based in each case on a field trip to the country by a member of the project team. The study covered the following husk-to-energy technologies: furnace and boiler systems, steam engine systems, steam turbine systems, and gasifier/engine systems.

  3. Transmission access and pricing with multiple separate energy forward markets

    SciTech Connect

    Gribik, P.R.; Angelidis, G.A.; Kovacs, R.R.

    1999-08-01

    California`s congestion management protocols provide comparable access and prices to all users of the transmission system (power exchange and bilateral contract parties). The users implicitly bid for capacity on major transmission paths between zones. The Independent System Operator (ISO) allocates the available transmission capacity on these paths so that it maximizes the value of this capacity as measured by the users` bids. Everyone scheduling flow on a congested path is charged the marginal-cost-based price for using the path. The ISO keeps each party`s portfolio of generation and load individually in balance when adjusting schedules to relieve congestion on interzonal paths. By keeping the portfolios of the different parties separate, the ISO clears its transmission market without arranging energy trades between parties. Parties are responsible for arranging their own trades. The ISO does not become involved in the energy forward markets.

  4. Investigating How to Align Schools' Marketing Environments with Federal Standards for Competitive Foods

    ERIC Educational Resources Information Center

    Polacsek, Michele; O'Brien, Liam M.; Pratt, Elizabeth; Whatley-Blum, Janet; Adler, Sabrina

    2017-01-01

    Background: Limiting food and beverage marketing to children is a promising approach to influence children's nutrition behavior. School-based marketing influences nutrition behavior and studies have consistently found marketing for nonnutritious foods and beverages in schools. No studies have examined the resources necessary to align school…

  5. Investigating How to Align Schools' Marketing Environments with Federal Standards for Competitive Foods

    ERIC Educational Resources Information Center

    Polacsek, Michele; O'Brien, Liam M.; Pratt, Elizabeth; Whatley-Blum, Janet; Adler, Sabrina

    2017-01-01

    Background: Limiting food and beverage marketing to children is a promising approach to influence children's nutrition behavior. School-based marketing influences nutrition behavior and studies have consistently found marketing for nonnutritious foods and beverages in schools. No studies have examined the resources necessary to align school…

  6. Energy Savings and Industrial Competitiveness Act of 2013

    THOMAS, 113th Congress

    Sen. Shaheen, Jeanne [D-NH

    2013-04-18

    06/03/2013 By Senator Wyden from Committee on Energy and Natural Resources filed written report. Report No. 113-37. (All Actions) Tracker: This bill has the status IntroducedHere are the steps for Status of Legislation:

  7. Energy Savings and Industrial Competitiveness Act of 2013

    THOMAS, 113th Congress

    Sen. Shaheen, Jeanne [D-NH

    2013-04-18

    06/03/2013 By Senator Wyden from Committee on Energy and Natural Resources filed written report. Report No. 113-37. (All Actions) Tracker: This bill has the status IntroducedHere are the steps for Status of Legislation:

  8. Toward a National Plan for the Accelerated Commercialization of Solar Energy: residential/commercial buildings market sector workbook

    SciTech Connect

    Taul, Jr., J. W.; de Jong, D. L.

    1980-01-01

    This workbook contains preliminary data and assumptions used during the preparation of inputs to a National Plan for the Accelerated Commercialization of Solar Energy (NPAC). The workbook indicates the market potential, competitive position, market penetration, and technological characteristics of solar technologies for this market sector over the next twenty years. The workbook also presents projections of the mix of solar technologies by US Census Regions. In some cases, data have been aggregated to the national level. Emphasis of the workbook is on a mid-price fuel scenario, Option II, that meets about a 20% solar goal by the year 2000. The energy demand for the mid-price scenario is projected at 115 quads in the year 2000. The workbook, prepared in April 1979, represents government policies and programs anticipated at that time.

  9. Automobile materials competition: energy implications of fiber-reinforced plastics

    SciTech Connect

    Cummings-Saxton, J.

    1981-10-01

    The embodied energy, structural weight, and transportation energy (fuel requirement) characteristics of steel, fiber-reinforced plastics, and aluminum were assessed to determine the overall energy savings of materials substitution in automobiles. In body panels, a 1.0-lb steel component with an associated 0.5 lb in secondary weight is structurally equivalent to a 0.6-lb fiber-reinforced plastic component with 0.3 lb in associated secondary weight or a 0.5-lb aluminum component with 0.25 lb of secondary weight. (Secondary weight refers to the combined weight of the vehicle's support structure, engine, braking system, and drive train, all of which can be reduced in response to a decrease in total vehicle weight.) The life cycle transportation energy requirements of structurally equivalent body panels (including their associated secondary weights) are 174.4 x 10/sup 3/ Btu for steel, 104.6 x 10/sup 3/ Btu for fiber-reinforced plastics, and 87.2 x 10/sup 3/ Btu for aluminum. The embodied energy requirements are 37.2 x 10/sup 3/ Btu for steel, 22.1 x 10/sup 3/ Btu for fiber-reinforced plastics, and 87.1 x 10/sup 3/ Btu for aluminum. These results can be combined to yield total energy requirements of 211.6 x 10/sup 3/ Btu for steel, 126.7 x 10/sup 3/ Btu for fiber-reinforced plastics, and 174.3 x 10/sup 3/ Btu for aluminum. Fiber-reinforced plastics offer the greatest improvements over steel in both embodied and total energy requirements. Aluminum achieves the greatest savings in transportation energy.

  10. Data-driven healthcare recruiting. A competitive job market forces organizations to act on metrics in the process of hiring their staff.

    PubMed

    Prestigiacomo, Jennifer

    2012-04-01

    Predictive analytics are driving many healthcare organizations' hiring decisions in today's competitive market. It's important for organizations to capture the right data to help optimize their recruitment strategies and eliminate the time and money holes spent on untargeted recruitment campaigns.

  11. Electricity: Reliability and competition. Hearing before the Subcommittee on Energy and Power of the Committee on Commerce, House of Representatives, One Hundred Fifth Congress, First session

    SciTech Connect

    1997-12-31

    This document is the transcript of the first hearing of the Subcommittee on Energy and Power as part of the 105th Congress. The hearing takes testimony on the issue of reliability in the electricity market as moves are being made toward a more competitive market. Reliability has issues both from a generation and a transmission point of view, and the committee hears testimony touching on both issues, and from different perspectives. Testimony is included from a panel of 8 witnesses, with one additional submission entered into the record. Included in the hearing are interactions between committee Subcommittee members and the witnesses testifying to the Subcommittee.

  12. Energy Technologies for the Markets of the 21st Century

    SciTech Connect

    Schock, R

    2001-10-01

    Energy is the fuel of economic development. Yet, this is lost on the over 2 billion people in the world without access to commercial energy, most in rural areas. Meeting their needs, along with the growing needs of the population already with access, provides very large markets for energy and energy services. Studies have repeatedly shown that technology is the single most important historical driver for productivity growth. Technology is also at the heart of the goals spelled out in the World Energy Council's Statement 2000 [l]: accessibility of reliable and affordable modern energy services for all the world's inhabitants; availability of high-quality reliable delivered energy; and acceptability of energy resources produced and used in harmony with the local, regional, and global environment. With this in mind, the World Energy Council (WEC) at the time of the 17th Congress in Houston decided to identify and examine some of the energy technologies that might sustain the world in the 21st century. This effort would examine steps that might be taken to ensure that these new technologies are available to the marketplace, and what role governments and industry might play to ensure this availability. The WEC launched a major study in 1999, Energy Technologies for the 21st Century, conducted by a study group composed of international energy experts [2]. The first part of the study examined trends in public and private research, development, and demonstration (RD&D) spending over the past 15 years to determine what has been happening with the resource base for future development. Improvements in energy technologies are attained through active RD&D performed now, in advance of their implementation. Energy RD&D also provides insurance against potential impacts such as climate change, oil price shocks, and disruptions in the energy distribution system [3]. This part of the study sought to answer the questions: What is the current situation with respect to energy RD&D and

  13. Nuclear-Renewable Energy Systems Secondary Product Market Analysis Study

    SciTech Connect

    Deason, Wesley Ray

    2015-06-01

    In order to properly create a program surrounding the development of any technological concept it is necessary to fully understand the market in which it is being developed. In the case of Integrated Nuclear-Renewable Hybrid Energy Systems (HES), there are two economic markets in which it must be able to participate in: the electricity market and the secondary product market associated with the specific system. The purpose of the present report is to characterize the secondary product market in the U.S. and to provide recommendations for further developing the HES program. While HESs have been discussed in depth in many other reports, it is helpful to discuss them briefly in the present work [REF]. The concept of the HES can be deduced to a system, featuring a combination of a nuclear power plant, a renewable energy source, and an industrial manufacturing plant . The system is designed in a fashion that allows it either to produce electricity or to manufacture a secondary product as needed. The primary benefit of this concept lies in its ability to maximize economic performance of the integrated system and to manufacture products in a carbon-free manner. A secondary benefit is the enhanced supply-side flexibility gained by allowing the HES to economically provide grid services. A key tenant to nuclear power plant economics in today’s electricity market is their ability to operate at a very high capacity factor. Unfortunately, in regions with a high penetration of renewable energy, the carbon free energy produced by nuclear power may not be needed at all times. This forces the nuclear power plant to find a user for its excess capacity. This may include paying the electric grid to find a user, releasing energy to the environment by ‘dumping steam’, or reducing power. If the plant is unable to economically or safely do any of these actions, the plant is at risk of being shutdown. In order to allow for nuclear power plants to continue to contribute carbon free

  14. 76 FR 6128 - Energy Exchange International, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-02-03

    ...-000] Energy Exchange International, LLC; Supplemental Notice That Initial Market-Based Rate Filing... the above-referenced proceeding Energy Exchange International, LLC's application for market-based rate...

  15. School Choice and Competitive Incentives: Mapping the Distribution of Educational Opportunities across Local Education Markets

    ERIC Educational Resources Information Center

    Lubienski, Christopher; Gulosino, Charisse; Weitzel, Peter

    2009-01-01

    Competition sparked by school choice is expected to generate greater educational opportunities, particularly for disadvantaged students. The premise is that competitive incentives will change the organizational behavior of schools (and districts, dioceses, etc.) in ways that will lead to more equitable access for students across varied and often…

  16. School Choice and Competitive Incentives: Mapping the Distribution of Educational Opportunities across Local Education Markets

    ERIC Educational Resources Information Center

    Lubienski, Christopher; Gulosino, Charisse; Weitzel, Peter

    2009-01-01

    Competition sparked by school choice is expected to generate greater educational opportunities, particularly for disadvantaged students. The premise is that competitive incentives will change the organizational behavior of schools (and districts, dioceses, etc.) in ways that will lead to more equitable access for students across varied and often…

  17. Black Housing Patterns in a Southern Metropolis: Competition for Housing in a Shrinking Market.

    ERIC Educational Resources Information Center

    Bullard, Robert D.; Pierce, Odessa L.

    Although the United States has been described as a nation of homeowners, homeownership is not uniformly distributed across population groups. The migration of individuals to Houston, Texas, has intensified the competition for decent housing in that city. The rapid population growth has also accelerated the competition between lower and…

  18. Public Schools in Marketized Environments: Shifting Incentives and Unintended Consequences of Competition-Based Educational Reforms

    ERIC Educational Resources Information Center

    Lubienski, Christopher

    2005-01-01

    By opening the system to competition, popular school choice reforms seek to remake public education into a more consumer-oriented endeavor. While the underlying theory holds that competitive pressures will induce change and improvement in educational processes, research indicates that organizations often respond instead by developing promotional…

  19. Fossil energy R and D for a competitive power industry

    SciTech Connect

    Bajura, R.A.

    1996-12-31

    This paper discusses the vision for Morgantown Energy Technology Center`s (METC`s) advanced power generation program. It covers the following four topics: the status of the electric industry as it deregulates, particularly those aspects of deregulation that impact advanced power generation technologies; a snapshot of the environmental trends that influence the program; how research, and development, and demonstration (RD&D) program is being restructured in response to these trends; and the status of METC`s merger with its sister center, the Pittsburgh Energy Technology Center.

  20. Alternative Fueled Vehicles Competitiveness and Energy Security Act of 2013

    THOMAS, 113th Congress

    Sen. Wyden, Ron [D-OR

    2013-06-26

    06/26/2013 Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5270-5272) (All Actions) Tracker: This bill has the status IntroducedHere are the steps for Status of Legislation:

  1. Energy Savings and Industrial Competitiveness Act of 2013

    THOMAS, 113th Congress

    Sen. Shaheen, Jeanne [D-NH

    2013-04-18

    Senate - 06/03/2013 By Senator Wyden from Committee on Energy and Natural Resources filed written report. Report No. 113-37. (All Actions) Tracker: This bill has the status IntroducedHere are the steps for Status of Legislation:

  2. AUSTRALIAN COMPETITION AND CONSUMER COMMISSION v PFIZER: EVERGREENING AND MARKET POWER AS A BLOCKBUSTER DRUG GOES OFF PATENT.

    PubMed

    Faunce, Thomas

    2015-06-01

    In Australian Competition and Consumer Commission v Pfizer Australia Pty Ltd [2015] FCA 113, the ACCC alleged that Pfizer's "Project LEAP" involved a scheme to lock pharmacists into substituting its generic version of the high sales volume anti-cholesterol drug, patent-expired atorvastatin (Lipitor), which took advantage of a substantial degree of market power for a purpose proscribed by s 46(1)(c) of the Competition and Consumer Act 2010 (Cth). The ACCC also claimed that Pfizer's actions constituted a course of exclusive dealing pursuant to s 47(1)(d) and (e) for the proscribed purpose of lessening competition. Flick J in the Federal Court of Australia, in a judgment heavy with quotations but sparse in reasoning, dismissed the ACCC's Amended Originating Application alleging abuse of market power and ordered the ACCC to pay Pfizer's costs. The ACCC has now appealed the decision. This column explores this case in the context of Pfizer's broader strategies to preserve its income globally from this high sales volume drug in the period following its patent expiration.

  3. Assessment of market potential of compressed air energy storage systems

    NASA Astrophysics Data System (ADS)

    Boyd, D. W.; Buckley, O. E.; Clark, C. E., Jr.

    1983-12-01

    This report describes an assessment of potential roles that EPRI might take to facilitate the commercial acceptance of compressed air energy storage (CAES) systems. The assessment is based on (1) detailed analyses of the market potential of utility storage technologies, (2) interviews with representatives of key participants in the CAES market, and (3) a decision analysis synthesizing much of the information about market and technology status. The results indicate a large potential market for CAES systems if the overall business environment for utilities improves. In addition, it appears that EPRI can have a valuable incremental impact in ensuring that utilities realize the potential of CAES by (1) continuing an aggressive information dissemination and technology transfer program, (2) working to ensure the success of the first United States CAES installation at Soyland Power Cooperative, (3) developing planning methods to allow utilities to evaluate CAES and other storage options more effectively and more realistically, and (4) supporting R and D to resolve residual uncertainties in first-generation CAES cost and performance characteristics. Previously announced in STAR as N83-25121

  4. 77 FR 11515 - Application to Export Electric Energy; NRG Power Marketing LLC

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-27

    ... Application to Export Electric Energy; NRG Power Marketing LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ] ACTION: Notice of application. SUMMARY: NRG Power Marketing LLC (NRGPML) has... would be surplus energy purchased from electric utilities and Federal power marketing agencies within...

  5. Nonlinear analysis and dynamic structure in the energy market

    NASA Astrophysics Data System (ADS)

    Aghababa, Hajar

    This research assesses the dynamic structure of the energy sector of the aggregate economy in the context of nonlinear mechanisms. Earlier studies have focused mainly on the price of the energy products when detecting nonlinearities in time series data of the energy market, and there is little mention of the production side of the market. Moreover, there is a lack of exploration about the implication of high dimensionality and time aggregation when analyzing the market's fundamentals. This research will address these gaps by including the quantity side of the market in addition to the price and by systematically incorporating various frequencies for sample sizes in three essays. The goal of this research is to provide an inclusive and exhaustive examination of the dynamics in the energy markets. The first essay begins with the application of statistical techniques, and it incorporates the most well-known univariate tests for nonlinearity with distinct power functions over alternatives and tests different null hypotheses. It utilizes the daily spot price observations on five major products in the energy market. The results suggest that the time series daily spot prices of the energy products are highly nonlinear in their nature. They demonstrate apparent evidence of general nonlinear serial dependence in each individual series, as well as nonlinearity in the first, second, and third moments of the series. The second essay examines the underlying mechanism of crude oil production and identifies the nonlinear structure of the production market by utilizing various monthly time series observations of crude oil production: the U.S. field, Organization of the Petroleum Exporting Countries (OPEC), non-OPEC, and the world production of crude oil. The finding implies that the time series data of the U.S. field, OPEC, and the world production of crude oil exhibit deep nonlinearity in their structure and are generated by nonlinear mechanisms. However, the dynamics of the non

  6. 78 FR 44556 - Chesapeake Energy Marketing, Inc. v. Midcontinent Express Pipeline LLC; Notice of Complaint

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-07-24

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Chesapeake Energy Marketing, Inc. v. Midcontinent Express Pipeline LLC... Energy Regulatory Commission (Commission), 18 CFR 385.206, Chesapeake Energy Marketing, Inc. (CEMI or...

  7. 78 FR 64207 - Application To Export Electric Energy; New Brunswick Energy Marketing Corporation (f/k/a New...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-10-28

    ... Power Generation Corporation, has applied to renew its authority to transmit electric energy from the... Generation Corporation, to transmit electric energy from the United States to Canada as a power marketer for... Application To Export Electric Energy; New Brunswick Energy Marketing Corporation (f/k/a New Brunswick...

  8. Regulation of international energy markets: Economic effects of political actions

    NASA Astrophysics Data System (ADS)

    Shcherbakova, Anastasia V.

    Recent increases in volatility of energy prices have led many governments to reevaluate their regard of national energy reserves and reconsider future exploration, production, and consumption patterns. The flurry of activity that has been generated by such price volatility has included large-scale nationalizations of energy sectors, unilateral renegotiations of foreign energy development contracts, and expropriations of resources from foreign energy firms on one hand, and on the other hand more rapid energy sector liberalization, intensified search for and development of renewable fuels and technologies, and development of incentives for increased energy efficiency and conservation. The aim of this dissertation is to examine and quantify the extent of positive and negative effects that have resulted from some of these activities. The first chapter focuses on quantifying the effect that nationalistic sentiment has had on economic attractiveness of energy sectors during the decade prior to the recent global economic crisis, as measured by foreign direct investment (FDI) inflows. Empirical results demonstrate that both political and economic conditions play an important role in investors' decisions. A combination of investment friendliness, corruption levels, and democracy all help to explain the trends in energy-sector investment levels over time in my sample countries, although differences in the types of corruption existing in these nations do not. Investment levels, in turn, appear to influence future levels of oil production, underscoring the significance of good investment policies for future success of energy sectors. Chapter two considers the response of energy stock prices to severe regulatory actions. It employs an event study framework to examine causal effects of critical informational announcements (i.e. events of expropriation and nationalization) on daily returns and cumulative losses in firm value of energy corporations. Results show that a firm

  9. US energy policy in a changing market environment

    SciTech Connect

    Smith, T.R.

    1986-09-01

    The drop in oil prices has brought energy policy issues back into discussion. The diversity of policy proposals suggests that clearly defined objectives are needed to avoid quick-fix solutions. The analysis traces the history of policies affecting the US oil industry, then focuses on recent changes in the policy environment. The author weighs recent proposals against those policy objectives he considers appropriate for the US. The three objectives of national security, efficient extraction of energy resources, and economic stability provide a common frame of reference for this purpose. Policymakers should only intervene in the energy market when they can improve the allocation of resources in accordance with these objectives. 3 figures, 3 tables.

  10. Markets, Competition and Vulnerability: Some Effects of Recent Legislation on Children with Special Educational Needs.

    ERIC Educational Resources Information Center

    Evans, Jennifer; Lunt, Ingrid

    The emphasis in recent British educational legislation (primarily the 1988 Education Act) has been on the creation of an "internal market" to stimulate improvements in educational outcomes and provide efficiency and accountability. The internal market mechanism allows schools to manage their own budgets and personnel and to create…

  11. Gathering International Competitive Intelligence via Online Data Retrieval in the International Marketing Class.

    ERIC Educational Resources Information Center

    Miller, Fred

    A unit on online data retrieval techniques designed for a college course in international marketing is described. The unit is intended to teach students how to compile information on overseas markets and competitors. Online retrieval is seen as a relatively inexpensive means of gathering important data from otherwise inaccessible international…

  12. The Impact of Energy Efficiency and Demand Response Programs on the U.S. Electricity Market

    SciTech Connect

    Baek, Young Sun; Hadley, Stanton W

    2012-01-01

    This study analyzes the impact of the energy efficiency (EE) and demand response (DR) programs on the grid and the consequent level of production. Changes in demand caused by EE and DR programs affect not only the dispatch of existing plants and new generation technologies, the retirements of old plants, and the finances of the market. To find the new equilibrium in the market, we use the Oak Ridge Competitive Electricity Dispatch Model (ORCED) developed to simulate the operations and costs of regional power markets depending on various factors including fuel prices, initial mix of generation capacity, and customer response to electricity prices. In ORCED, over 19,000 plant units in the nation are aggregated into up to 200 plant groups per region. Then, ORCED dispatches the power plant groups in each region to meet the electricity demands for a given year up to 2035. In our analysis, we show various demand, supply, and dispatch patterns affected by EE and DR programs across regions.

  13. Market for new coal powerplant technologies in the US: 1997 annual energy outlook results

    SciTech Connect

    Hutzler, M.J.

    1997-12-31

    Over the next 20 years, the combination of slow growth in the demand for electricity, even slower growth in the need for new capacity, especially baseload capacity, and the competitiveness of new gas-fired technologies limits the market for new coal technologies in the US. In the later years of the 1997 Annual Energy Outlook projections, post-2005, when a significant amount of new capacity is needed to replace retiring plants and meet growing demand, some new coal-fired plants are expected to be built, but new gas-fired plants are expected to remain the most economical choice for most needs. The largest market for clean coal technologies in the United States may be in retrofitting or repowering existing plants to meet stricter environmental standards, especially over the next 10 years. Key uncertainties include the rate of growth in the demand for electricity and the level of competing fuel prices, particularly natural gas. Higher than expected growth in the demand for electricity and/or relatively higher natural gas prices would increase the market for new coal technologies.

  14. 75 FR 41855 - Stream Energy Pennsylvania, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-07-19

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Stream Energy Pennsylvania, LLC; Supplemental Notice That Initial Market... supplemental notice in the above-referenced proceeding of Stream Energy Pennsylvania, LLC's application...

  15. 75 FR 70741 - Innovative Energy Systems, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-11-18

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Innovative Energy Systems, LLC; Supplemental Notice That Initial Market... supplemental notice in the above-referenced proceeding Innovative Energy Systems, LLC's application for...

  16. System Assessment Standards: Defining the Market for Industrial Energy Assessments

    SciTech Connect

    Sheaffer, Paul; McKane, Aimee; Tutterow, Vestal; Crane, Ryan

    2009-08-01

    Improved efficiency of industrial systems (e.g., compressed air or steam) contributes to a manufacturing facility?s bottom line, improves reliability, and better utilizes assets. Despite these advantages, many industrial facilities continue to have unrealized system optimization potential. A barrier to realizing this potential is the lack of market definition for system energy efficiency assessment services, creating problems for both service providers in establishing market value for their services and for consumers in determining the relative quality of these system assessment services. On August 19, 2008, the American Society of Mechanical Engineers (ASME) issued four new draft Standards for trial use that are designed to raise the bar and define the market for these services. These draft Standards set the requirements for conducting an energy assessment at an industrial facility for four different system types: compressed air, process heating, pumping, and steam. The Standards address topics such as organizing and conducting assessments; analyzing the data collected; and reporting and documentation. This paper addresses both the issues and challenges in developing the Standards and the accompanying Guidance Documents, as well as the result of field testing by industrial facilities, consultants, and utilities during the trial use period that ended in January, 2009. These Standards will be revised and released by ASME for public review, and subsequently submitted for approval as American National Standards for publication in late 2009. Plans for a related activity to establish a professional-level program to certify practitioners in the area of system assessments, opportunities to integrate the ASME Standards with related work on industrial energy efficiency, as well as plans to expand the system assessment Standard portfolio are also discussed.

  17. Western Interconnection Energy Imbalance Market Status and Prospects (Presentation)

    SciTech Connect

    Milligan, M.; Kirby, B.; King, J.; Beuning, S.

    2011-10-01

    This presentation describes how a new wholesale electricity market for energy imbalance ancillary services could be implemented and operated. Some conclusions of this presentation are: (1) Method for calculating additional reserve requirements due to wind and solar production; (2) EIM results in substantial reduction in reserves requirements and ramping demand; (3) Reduced participation reduces benefits for all but reduces the benefits to non-participants the most; (4) Full participation leads to maximum benefit across the Western Interconnection, up to 42% of total reserve requirement; and (5) Regional EIM implementations have smaller but substantial benefits.

  18. WINS. Market Simulation Tool for Facilitating Wind Energy Integration

    SciTech Connect

    Shahidehpour, Mohammad

    2012-10-30

    Integrating 20% or more wind energy into the system and transmitting large sums of wind energy over long distances will require a decision making capability that can handle very large scale power systems with tens of thousands of buses and lines. There is a need to explore innovative analytical and implementation solutions for continuing reliable operations with the most economical integration of additional wind energy in power systems. A number of wind integration solution paths involve the adoption of new operating policies, dynamic scheduling of wind power across interties, pooling integration services, and adopting new transmission scheduling practices. Such practices can be examined by the decision tool developed by this project. This project developed a very efficient decision tool called Wind INtegration Simulator (WINS) and applied WINS to facilitate wind energy integration studies. WINS focused on augmenting the existing power utility capabilities to support collaborative planning, analysis, and wind integration project implementations. WINS also had the capability of simulating energy storage facilities so that feasibility studies of integrated wind energy system applications can be performed for systems with high wind energy penetrations. The development of WINS represents a major expansion of a very efficient decision tool called POwer Market Simulator (POMS), which was developed by IIT and has been used extensively for power system studies for decades. Specifically, WINS provides the following superiorities; (1) An integrated framework is included in WINS for the comprehensive modeling of DC transmission configurations, including mono-pole, bi-pole, tri-pole, back-to-back, and multi-terminal connection, as well as AC/DC converter models including current source converters (CSC) and voltage source converters (VSC); (2) An existing shortcoming of traditional decision tools for wind integration is the limited availability of user interface, i.e., decision

  19. Essays in energy policy and planning modeling under uncertainty: Value of information, optimistic biases, and simulation of capacity markets

    NASA Astrophysics Data System (ADS)

    Hu, Ming-Che

    Optimization and simulation are popular operations research and systems analysis tools for energy policy modeling. This dissertation addresses three important questions concerning the use of these tools for energy market (and electricity market) modeling and planning under uncertainty. (1) What is the value of information and cost of disregarding different sources of uncertainty for the U.S. energy economy? (2) Could model-based calculations of the performance (social welfare) of competitive and oligopolistic market equilibria be optimistically biased due to uncertainties in objective function coefficients? (3) How do alternative sloped demand curves perform in the PJM capacity market under economic and weather uncertainty? How does curve adjustment and cost dynamics affect the capacity market outcomes? To address the first question, two-stage stochastic optimization is utilized in the U.S. national MARKAL energy model; then the value of information and cost of ignoring uncertainty are estimated for three uncertainties: carbon cap policy, load growth and natural gas prices. When an uncertainty is important, then explicitly considering those risks when making investments will result in better performance in expectation (positive expected cost of ignoring uncertainty). Furthermore, eliminating the uncertainty would improve strategies even further, meaning that improved forecasts of future conditions are valuable ( i.e., a positive expected value of information). Also, the value of policy coordination shows the difference between a strategy developed under the incorrect assumption of no carbon cap and a strategy correctly anticipating imposition of such a cap. For the second question, game theory models are formulated and the existence of optimistic (positive) biases in market equilibria (both competitive and oligopoly markets) are proved, in that calculated social welfare and producer profits will, in expectation, exceed the values that will actually be received

  20. U.S. Wind Energy Manufacturing & Supply Chain: A Competitive Analysis

    SciTech Connect

    Fullenkamp, Patrick

    2014-06-15

    The Global Wind Network (GLWN) assessed the key factors that determine wind energy component manufacturing costs and pricing on a global basis in order to provide a better understanding of the factors that will help enhance the competitiveness of U.S. manufacturers, and reduce installed system costs.

  1. Increased energy and nutrient intake during training and competition improves elite triathletes' endurance performance.

    PubMed

    Frentsos, J A; Baer, J T

    1997-03-01

    Dietary habits were evaluated in 6 elite triathletes (4 male, 2 female). Analysis of 7-day diet records showed mean daily energy and carbohydrate intake to be insufficient to support estimated requirements. Mean intakes of vitamins and most minerals exceeded the Recommended Dietary Allowances (RDAs) except zinc chromium, which did not meet 66% of recommended amounts. Individualized nutrition intervention using the Diabetic Food Exchange System to support performance during training and competition was provided. To improve dietary intake, subjects consumed fortified nutrition supplements (Reliv, Inc.) before and after daily training. Follow-up 7-day diet records showed that average energy intake and percentage of energy from carbohydrate increased, as did intakes of zinc and chromium. Triathletes' performance in a short course triathlon was improved compared to a similar competition completed prior to the nutrition intervention. Following the intervention, triathletes were able to meet recommended daily energy, macronutrient, and micronutrient intakes and improve endurance performance.

  2. The search for consumer content in energy marketing and retailing

    SciTech Connect

    Dar, V.K.

    1996-09-15

    The gas and electric industries in the United STates control about $900 billion in assets (production, logistical, merchant). They employ these assets to serve about 150 million customers (counted separately for gas and electric), but they manage to offer only two rudimentary products-molecules and electrons-and at only two levels of service: firm and interruptible. Such a poverty of consumer content stands without precedent in the history of U.S. business. That this game is coming to an end should elicit no surprise. True retail competition in the gas and electric industries will become a transforming and quotidian reality within five years, creating great shifts in revenue and capital: (1) a $50-billion drip in annual consumer energy spending; (2) from $200 to $300 billion extinguished over seven to 10 years in noncash book value in the pipes and wires and energy production industries; (3) tens of billions of dollars in new investments, particularly gas-fired merchant and distributed generation plants, and computing and communications systems; and (4) many more billions in new enterprise value for efficient and innovative firms. The old business model emphasized industrial technology and quantitative increases in consumption of energy commodities. The new model, supplanting the old, will accentuate information technology and qualitative increases in consumption of energy services.

  3. Energy and environmental policy in a competitive marketplace: The role of the national labs

    SciTech Connect

    Eastman, D.E.

    1996-12-31

    This paper is one of three keynote presentations given at the conference. The recent history of energy and environmental markets is briefly summarized, and factors affecting future policy are discussed. The emphasis of the address is on issues influencing or influenced by the US DOE. Some of the major items addressed are the need for a national energy policy; flexibility and multiple capabilities in energy supply, distribution, and use; and effective research and development. Trends in research and development funding are also discussed.

  4. 76 FR 20651 - Application To Export Electric Energy; Cargill Power Markets, LLC

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-04-13

    ... Application To Export Electric Energy; Cargill Power Markets, LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Cargill Power Markets, LLC (CPM) has... Power Markets, LLC, 9350 Excelsior Blvd., MS 150, Hopkins, MN 55343. A final decision will be made on...

  5. 76 FR 19069 - Application to Export Electric Energy; Cargill Power Markets, LLC

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-04-06

    ... Application to Export Electric Energy; Cargill Power Markets, LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Cargill Power Markets, LLC (CPM) has... directly with Eugene J. Becker, Vice President, Cargill Power Markets, LLC, 9350 Excelsior Blvd., MS 150...

  6. 76 FR 16657 - Demand Response Compensation in Organized Wholesale Energy Markets

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-03-24

    ... Response Compensation in Organized Wholesale Energy Markets; Final Rule #0;#0;Federal Register / Vol. 76... Regulatory Commission 18 CFR Part 35 Demand Response Compensation in Organized Wholesale Energy Markets... market administered by a Regional Transmission Organization (RTO) or Independent System Operator (ISO...

  7. 75 FR 80482 - Application To Export Electric Energy; TransCanada Power Marketing Ltd.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-22

    ... Application To Export Electric Energy; TransCanada Power Marketing Ltd. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of Application. SUMMARY: TransCanada Power Marketing Ltd... electric utilities, Federal power marketing agencies, and other entities within the United States. The...

  8. 76 FR 30147 - Application of the Energy Planning and Management Program Power Marketing Initiative to the...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-05-24

    ... Area Power Administration Application of the Energy Planning and Management Program Power Marketing... Power Administration (Western), a Federal power marketing agency of the Department of Energy (DOE), is... General Consolidated Power Marketing Criteria or Regulations for Boulder City Area Projects (Conformed...

  9. 75 FR 75994 - Application To Export Electric Energy; NRG Power Marketing LLC

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-07

    ... Application To Export Electric Energy; NRG Power Marketing LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: NRG Power Marketing LLC (NRGPML) has..., Federal power marketing agencies, and other entities within the United States. The existing international...

  10. Technology, market and policy aspects of geothermal energy in Europe

    NASA Astrophysics Data System (ADS)

    Shortall, Ruth; Uihlein, Andreas

    2017-04-01

    The Strategic Energy Technology Plan (SET-Plan) is the technology pillar of the EU's energy and climate policy. The goal of the SET-Plan is to achieve EU worldwide leadership in the production of energy technological solutions capable of delivering EU 2020 and 2050 targets for a low carbon economy. The Joint Research Centre (JRC) runs and manages the SET-Plan Information System (SETIS) to support the SET-Plan. Under SETIS, the JRC publishes a number of regularly updated key references on the state of low carbon technology, research and innovation in Europe. Within the framework of the SET-Plan, the geothermal sector is placed into context with other power and heat generation technologies. The talk will give an introduction to some of JRC's geothermal research activities. Amongst others, the JRC Geothermal status report will be presented. This report aims to contribute to the general knowledge about the geothermal sector, its technology, economics and policies, with a focus on innovation, research, development and deployment activities as well as policy support schemes within the European Union. The speech will present the main findings of the report, providing an overview of the activities and progress made by the geothermal energy sector, the status of its sub-technologies and current developments. In addition, the speech will discuss the economic, market and policy aspects of geothermal energy for power production, direct use and ground source heat pumps in Europe and beyond.

  11. Switching benefits and costs in competitive health insurance markets: A conceptual framework and empirical evidence from the Netherlands.

    PubMed

    Duijmelinck, Daniëlle M I D; Mosca, Ilaria; van de Ven, Wynand P M M

    2015-05-01

    Competitive health insurance markets will only enhance cost-containment, efficiency, quality, and consumer responsiveness if all consumers feel free to easily switch insurer. Consumers will switch insurer if their perceived switching benefits outweigh their perceived switching costs. We developed a conceptual framework with potential switching benefits and costs in competitive health insurance markets. Moreover, we used a questionnaire among Dutch consumers (1091 respondents) to empirically examine the relevance of the different switching benefits and costs in consumers' decision to (not) switch insurer. Price, insurers' service quality, insurers' contracted provider network, the benefits of supplementary insurance, and welcome gifts are potential switching benefits. Transaction costs, learning costs, 'benefit loss' costs, uncertainty costs, the costs of (not) switching provider, and sunk costs are potential switching costs. In 2013 most Dutch consumers switched insurer because of (1) price and (2) benefits of supplementary insurance. Nearly half of the non-switchers - and particularly unhealthy consumers - mentioned one of the switching costs as their main reason for not switching. Because unhealthy consumers feel not free to easily switch insurer, insurers have reduced incentives to invest in high-quality care for them. Therefore, policymakers should develop strategies to increase consumer choice. Copyright © 2014 Elsevier Ireland Ltd. All rights reserved.

  12. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... 18 Conservation of Power and Water Resources 1 2012-04-01 2012-04-01 false Prohibition of electric energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.2...

  13. 77 FR 71585 - Brookfield Energy Marketing LP v. ISO New England Inc.; Notice of Complaint

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-12-03

    ... From the Federal Register Online via the Government Publishing Office ] DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Brookfield Energy Marketing LP v. ISO New England Inc.; Notice of... of the Federal Power Act, 16 U.S.C. 824(e) and 825(e), Brookfield Energy Marketing LP (Complainant...

  14. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Prohibition of electric energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION §...

  15. 75 FR 68607 - BP Canada Energy Marketing Corp. Apache Corporation; Notice for Temporary Waivers

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-11-08

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission BP Canada Energy Marketing Corp. Apache Corporation; Notice for Temporary Waivers November 1, 2010. Take notice that on October 29, 2010, BP Canada Energy Marketing Corp....

  16. The value of compressed air energy storage in energy and reserve markets

    DOE PAGES

    Drury, Easan; Denholm, Paul; Sioshansi, Ramteen

    2011-06-28

    Storage devices can provide several grid services, however it is challenging to quantify the value of providing several services and to optimally allocate storage resources to maximize value. We develop a co-optimized Compressed Air Energy Storage (CAES) dispatch model to characterize the value of providing operating reserves in addition to energy arbitrage in several U.S. markets. We use the model to: (1) quantify the added value of providing operating reserves in addition to energy arbitrage; (2) evaluate the dynamic nature of optimally allocating storage resources into energy and reserve markets; and (3) quantify the sensitivity of CAES net revenues tomore » several design and performance parameters. We find that conventional CAES systems could earn an additional 23 ± 10/kW-yr by providing operating reserves, and adiabatic CAES systems could earn an additional 28 ± 13/kW-yr. We find that arbitrage-only revenues are unlikely to support a CAES investment in most market locations, but the addition of reserve revenues could support a conventional CAES investment in several markets. Adiabatic CAES revenues are not likely to support an investment in most regions studied. As a result, modifying CAES design and performance parameters primarily impacts arbitrage revenues, and optimizing CAES design will be nearly independent of dispatch strategy.« less

  17. The value of compressed air energy storage in energy and reserve markets

    SciTech Connect

    Drury, Easan; Denholm, Paul; Sioshansi, Ramteen

    2011-06-28

    Storage devices can provide several grid services, however it is challenging to quantify the value of providing several services and to optimally allocate storage resources to maximize value. We develop a co-optimized Compressed Air Energy Storage (CAES) dispatch model to characterize the value of providing operating reserves in addition to energy arbitrage in several U.S. markets. We use the model to: (1) quantify the added value of providing operating reserves in addition to energy arbitrage; (2) evaluate the dynamic nature of optimally allocating storage resources into energy and reserve markets; and (3) quantify the sensitivity of CAES net revenues to several design and performance parameters. We find that conventional CAES systems could earn an additional 23 ± 10/kW-yr by providing operating reserves, and adiabatic CAES systems could earn an additional 28 ± 13/kW-yr. We find that arbitrage-only revenues are unlikely to support a CAES investment in most market locations, but the addition of reserve revenues could support a conventional CAES investment in several markets. Adiabatic CAES revenues are not likely to support an investment in most regions studied. As a result, modifying CAES design and performance parameters primarily impacts arbitrage revenues, and optimizing CAES design will be nearly independent of dispatch strategy.

  18. The Chinese pharmaceutical market at the crossroads: pro-competition solutions to improve access, quality and affordability.

    PubMed

    Wang, Y Richard

    2005-01-01

    The Chinese pharmaceutical market is large in absolute size (the second largest in Asia), but it faces similar problems to those that plague other developing countries, such as a lack of adequate patent protection, low pharmaceutical spending per capita, but high pharmaceutical expenditure as a proportion of total medical spending, and a lack of health insurance coverage. In this article, the pros and cons of two pro-competition policy proposals for China are explored. The first proposal is to follow the E5 guideline of the International Conference on Harmonisation and waive unnecessary local clinical trials for global new drugs that have been approved by the US Food and Drug Administration or the European Medicines Agency (except for drugs for which there is a real possibility of there being ethnic differences in patient responses). The second proposal is to tighten the standards for generic drugs and approve only bioequivalent ones. While the first proposal encourages price competition between similar compounds in the same therapeutic class, the second proposal enhances generic competition for off-patent drugs. Working together, these two proposals would improve access to and the quality and affordability of pharmaceuticals in China.

  19. Competition, Student Sorting and Performance Gains in Local Education Markets: The Dutch Secondary Sector

    ERIC Educational Resources Information Center

    Cabus, Sofie; Cornelisz, Ilja

    2017-01-01

    This article empirically examines the implications of competition among Dutch secondary schools: (1) regarding the sorting of students by performance levels in schools at the beginning of secondary education; and (2) regarding performance gains in the secondary school career, controlling for the aforementioned sorting patterns. We used data from…

  20. Integrated Energy Systems (IES) for Buildings: A Market Assessment

    SciTech Connect

    LeMar, P.

    2002-10-29

    Integrated Energy Systems (IES) combine on-site power or distributed generation technologies with thermally activated technologies to provide cooling, heating, humidity control, energy storage and/or other process functions using thermal energy normally wasted in the production of electricity/power. IES produce electricity and byproduct thermal energy onsite, with the potential of converting 80 percent or more of the fuel into useable energy. IES have the potential to offer the nation the benefits of unprecedented energy efficiency gains, consumer choice and energy security. It may also dramatically reduce industrial and commercial building sector carbon and air pollutant emissions and increase source energy efficiency. Applications of distributed energy and Combined heat and power (CHP) in ''Commercial and Institutional Buildings'' have, however, been historically limited due to insufficient use of byproduct thermal energy, particularly during summer months when heating is at a minimum. In recent years, custom engineered systems have evolved incorporating potentially high-value services from Thermally Activated Technologies (TAT) like cooling and humidity control. Such TAT equipment can be integrated into a CHP system to utilize the byproduct heat output effectively to provide absorption cooling or desiccant humidity control for the building during these summer months. IES can therefore expand the potential thermal energy services and thereby extend the conventional CHP market into building sector applications that could not be economically served by CHP alone. Now more than ever, these combined cooling, heating and humidity control systems (IES) can potentially decrease carbon and air pollutant emissions, while improving source energy efficiency in the buildings sector. Even with these improvements over conventional CHP systems, IES face significant technological and economic hurdles. Of crucial importance to the success of IES is the ability to treat the heating

  1. A Framework for State-Level Renewable Energy Market Potential Studies

    EPA Pesticide Factsheets

    This document provides a framework/next steps for state officials who require estimates of renewable energy market potential, shows how to conduct a market potential study, and distinguishes between goal-oriented studies and other types of studies.

  2. Competition policy in health care markets: navigating the enforcement and policy maze.

    PubMed

    Gaynor, Martin

    2014-06-01

    US health care is in ferment. Private entities are merging, aligning, and coordinating in a wide array of configurations. At the same time, there is a great deal of policy change. This includes the federal government's Affordable Care Act, as well as actions by Medicare, state legislatures, and state agencies. The health system is built upon markets, which determine how (and how well) goods and services are delivered to consumers, so it is critical that these markets work as well as possible. As the primary federal antitrust enforcement agencies, the Federal Trade Commission and the Department of Justice are charged with ensuring that health care markets operate well, but they are not alone. The functioning of health care markets is also profoundly affected by other parts of the federal government (notably the Centers for Medicare and Medicaid Services) and by state legislation and regulation. In this current period of such dynamic change, it is particularly important for the antitrust agencies to continue and enhance their communication and coordination with other government agencies as well as to maintain vigilant antitrust enforcement and consumer protection in health care markets. Project HOPE—The People-to-People Health Foundation, Inc.

  3. Increasing nuclear power at liberalised energy markets- case Finland

    NASA Astrophysics Data System (ADS)

    Syri, S.; Kurki-Suonio, T.; Satka, V.

    2012-10-01

    Several Finnish projections for future electricity demand and the need for peak load capacity indicate a demand growth of about 2 GW from the present to the year 2030. The retirement of existing fossil fuel plants and old nuclear power plants will cause increased net import needs during 2020's, even when assuming additional energy efficiency measures and the commissioning of two new nuclear power plants recently approved by the Finnish Parliament. By the year 2030, the need for additional new capacity will be about 6 GW. The increased dependence on import is in contradiction with the official Government targets. This situation is not unique to Finland, but rather is likely to be the case in many other European countries as well. Both the energy company Fortum and energy-intensive industry in Finland see nuclear energy as a viable future generation technology. We describe the « Mankala » concept which is successfully used to build new nuclear capacity at liberalised electricity market in Finland.

  4. Graduates of New University Careers: Unequal Competition on the Labour Market

    ERIC Educational Resources Information Center

    Simón, Javier Damián

    2017-01-01

    The purpose of the study is to describe the process of job insertion in a context of the local labour market of the graduates to identify traits of discrimination originated by their hybrid professional profile. A case study and a qualitative approach were used to investigate the graduates of the first two generations of the Business Sciences…

  5. School Choice and Competition: A Public-Market in Education Revisited

    ERIC Educational Resources Information Center

    Bagley, Carl

    2006-01-01

    In 1993, the UK Economic and Social Research Council funded the Parental and School Choice Interaction (PACSI) Study into the marketisation of education, conducted by the author along with Philip Woods and Ron Glatter of the Open University. The findings from the PACSI study highlighted the localised and complex nature of markets in education and…

  6. COMPETITIVE BROWNFIELD REDEVELOPMENT - PROJECT MANAGEMENT AND MARKETING STRATEGIES (CD 2 OF 6)

    EPA Science Inventory

    The goal of this interactive CD is to inform urban planners and State and Federal Brownfield development personnel of new and innovative project management and marketing strategies related to brownfield activities. To order this CD by email: www.epa.gov/ncepi/ or phone 1-800-490-...

  7. COMPETITIVE BROWNFIELD REDEVELOPMENT - PROJECT MANAGEMENT AND MARKETING STRATEGIES (CD 2 OF 6)

    EPA Science Inventory

    The goal of this interactive CD is to inform urban planners and State and Federal Brownfield development personnel of new and innovative project management and marketing strategies related to brownfield activities. To order this CD by email: www.epa.gov/ncepi/ or phone 1-800-490-...

  8. Energy Games - A Grade 5 Competition, The Data Analysis and Lessons Learned

    NASA Astrophysics Data System (ADS)

    Kao, W. H.

    2016-12-01

    ISF Academy, a K-G12 school in Hong Kong with over 1500 students and currently spanning 3 buildings, is retrofitting the school with an energy tracking system in three phases. The first phase that happened during February to June 2016, has included retrofitting nine Grade 5 classrooms. In this program, the daily energy usage data from these classrooms were shown. The Grade 5 students received feedback on their energy use in real time, as they competed over four months in their homeroom classes to lower their electrical use, and subsequently their carbon footprint. This competition has successfully given the 180 Grade 5 students initiative to decrease their energy use, leading to a significant decrease in energy usage throughout this competition, compared to the baseline recorded in late 2015. The winning classroom's total energy usage was around 30% lower than the average total energy usage, showing that by using energy efficiently, energy usage in a school can be decreased by a lot. The energy tracking system installed and maintained by from Global Design Corporation utilizes uniquely identified current detectors attached to circuit breakers, to monitor electrical use of individual circuits. The detectors monitor the energy used for classroom lighting, fans and plugs, as well as the air conditioners. Further analysis can also be calculated with current data that is collected in the Phase 1 experiment, such as calculating the carbon emissions reduction throughout the school year, providing possible class learning activities and also aiding in future energy use and carbon footprint predictions. This data collected will help refine phase 2 and 3 of the installation, expanding the system to more buildings and also giving insight to the rollout of the system to the whole school when the systems are fully in place. In Phase 2, the energy tracking system would be expanded to all classrooms in the old buildings, while in Phase 3, the system would be expanded the all

  9. Carbon and energy saving markets in compressed air

    NASA Astrophysics Data System (ADS)

    Cipollone, R.

    2015-08-01

    CO2 reduction and fossil fuel saving represent two of the cornerstones of the environmental commitments of all the countries of the world. The first engagement is of a medium to long term type, and unequivocally calls for a new energetic era. The second delays in time the fossil fuel technologies to favour an energetic transition. In order to sustain the two efforts, new immaterial markets have been established in almost all the countries of the world, whose exchanges (purchases and sales) concern CO2 emissions and equivalent fossil fuels that have not been emitted or burned. This paper goes deep inside two aspects not yet exploited: specific CO2 emissions and equivalent fossil fuel burned, as a function of compressed air produced. Reference is made to the current compressor technology, carefully analysing CAGI's (Compressed Air Gas Institute) data and integrating it with the PNUEROP (European Association of manufacturers of compressors, vacuum pumps, pneumatic tools and allied equipment) contribution on the compressor European market. On the base of energy saving estimates that could be put in place, this article also estimates the financial value of the CO2 emissions and fossil fuels avoided.

  10. Energy and Economic Impacts of H.R.5049, the Keep America Competitive Global Warming Policy

    EIA Publications

    2006-01-01

    This report responds to a May 2, 2006 request from Congressmen Tom Udall and Tom Petri asking the Energy Information Administration to analyze the impacts of their legislation implementing a market-based allowance program to cap greenhouse gas emissions at 2009 levels.

  11. Designing an Energy Drink: High School Students Learn Design and Marketing Skills in This Activity

    ERIC Educational Resources Information Center

    Martin, Doug

    2008-01-01

    A decade ago, energy drinks were almost nonexistent in the United States, but in the past five years they've become wildly popular. In fact, the $3.4 billion energy-drink market is expected to double this year alone, and the younger generation is the market targeted by manufacturers. This article presents an energy-drink designing activity. This…

  12. Designing an Energy Drink: High School Students Learn Design and Marketing Skills in This Activity

    ERIC Educational Resources Information Center

    Martin, Doug

    2008-01-01

    A decade ago, energy drinks were almost nonexistent in the United States, but in the past five years they've become wildly popular. In fact, the $3.4 billion energy-drink market is expected to double this year alone, and the younger generation is the market targeted by manufacturers. This article presents an energy-drink designing activity. This…

  13. Caffeine-containing energy drink improves sprint performance during an international rugby sevens competition.

    PubMed

    Del Coso, Juan; Portillo, Javier; Muñoz, Gloria; Abián-Vicén, Javier; Gonzalez-Millán, Cristina; Muñoz-Guerra, Jesús

    2013-06-01

    The aim of this study was to determine the effects of a caffeine-containing energy drink on physical performance during a rugby sevens competition. A second purpose was to investigate the post-competition urinary caffeine concentration derived from the energy drink intake. On two non-consecutive days of a friendly tournament, 16 women from the Spanish National rugby sevens Team (mean age and body mass = 23 ± 2 years and 66 ± 7 kg) ingested 3 mg of caffeine per kg of body mass in the form of an energy drink (Fure(®), ProEnergetics) or the same drink without caffeine (placebo). After 60 min for caffeine absorption, participants performed a 15-s maximal jump test, a 6 × 30 m sprint test, and then played three rugby sevens games against another national team. Individual running pace and instantaneous speed during the games were assessed using global positioning satellite (GPS) devices. Urine samples were obtained pre and post-competition. In comparison to the placebo, the ingestion of the energy drink increased muscle power output during the jump series (23.5 ± 10.1 vs. 25.6 ± 11.8 kW, P = 0.05), running pace during the games (87.5 ± 8.3 vs. 95.4 ± 12.7 m/min, P < 0.05), and pace at sprint velocity (4.6 ± 3.3 vs. 6.1 ± 3.4 m/min, P < 0.05). However, the energy drink did not affect maximal running speed during the repeated sprint test (25.0 ± 1.5 vs. 25.0 ± 1.7 km/h). The ingestion of the energy drink resulted in a higher post-competition urine caffeine concentration than the placebo (3.3 ± 0.7 vs. 0.2 ± 0.1 μg/mL; P < 0.05). In summary, 3 mg/kg of caffeine in the form of a commercially available energy drink considerably enhanced physical performance during a women's rugby sevens competition.

  14. U.S. Wind Energy Manufacturing and Supply Chain: A Competitiveness Analysis

    SciTech Connect

    Fullenkamp, Patrick H; Holody, Diane S

    2014-06-15

    The goal of the project was to develop a greater understanding of the key factors determining wind energy component manufacturing costs and pricing on a global basis in order to enhance the competitiveness of U.S. manufacturers, and to reduce installed systems cost. Multiple stakeholders including DOE, turbine OEMs, and large component manufactures will all benefit by better understanding the factors determining domestic competitiveness in the emerging offshore and next generation land-based wind industries. Major objectives of this project were to: 1. Carry out global cost and process comparisons for 5MW jacket foundations, blades, towers, and permanent magnet generators; 2. Assess U.S. manufacturers’ competitiveness and potential for cost reduction; 3. Facilitate informed decision-making on investments in U.S. manufacturing; 4. Develop an industry scorecard representing the readiness of the U.S. manufacturers’ to produce components for the next generations of wind turbines, nominally 3MW land-based and 5MW offshore; 5. Disseminate results through the GLWN Wind Supply Chain GIS Map, a free website that is the most comprehensive public database of U.S. wind energy suppliers; 6. Identify areas and develop recommendations to DOE on potential R&D areas to target for increasing domestic manufacturing competitiveness, per DOE’s Clean Energy Manufacturing Initiative (CEMI). Lists of Deliverables 1. Cost Breakdown Competitive Analyses of four product categories: tower, jacket foundation, blade, and permanent magnet (PM) generator. The cost breakdown for each component includes a complete Bill of Materials with net weights; general process steps for labor; and burden adjusted by each manufacturer for their process categories of SGA (sales general and administrative), engineering, logistics cost to a common U.S. port, and profit. 2. Value Stream Map Competitiveness Analysis: A tool that illustrates both information and material flow from the point of getting a

  15. Factors controlling the competition among rotational and vibrational energy transfer channels in glyoxal.

    PubMed

    Parmenter, C S; Clegg, S M; Krajnovich, D J; Lu, S

    1997-08-05

    The state-to-state transfer of rotational and vibrational energy has been studied for S1 glyoxal (CHOCHO) in collisions with D2, N2, CO and C2H4 using crossed molecular beams. A laser is used to pump glyoxal seeded in He to its S1 zero point level with zero angular momentum about its top axis (K' = 0). The inelastic scattering to each of at least 26 S1 glyoxal rotational and rovibrational levels is monitored by dispersed S1-S0 fluorescence. Various collision partners are chosen to investigate the relative influences of reduced mass and the collision pair interaction potential on the competition among the energy transfer channels. When the data are combined with that obtained previously from other collision partners whose masses range from 2 to 84 amu, it is seen that the channel competition is controlled primarily by the kinematics of the collisional interaction. Variations in the intermolecular potential play strictly a secondary role.

  16. Achieving competitive excellence in nuclear energy: The threat of proliferation; the challenge of inertial confinement fusion

    SciTech Connect

    Nuckolls, J.H.

    1994-06-01

    Nuclear energy will have an expanding role in meeting the twenty-first-century challenges of population and economic growth, energy demand, and global warming. These great challenges are non-linearly coupled and incompletely understood. In the complex global system, achieving competitive excellence for nuclear energy is a multi-dimensional challenge. The growth of nuclear energy will be driven by its margin of economic advantage, as well as by threats to energy security and by growing evidence of global warming. At the same time, the deployment of nuclear energy will be inhibited by concerns about nuclear weapons proliferation, nuclear waste and nuclear reactor safety. These drivers and inhibitors are coupled: for example, in the foreseeable future, proliferation in the Middle East may undermine energy security and increase demand for nuclear energy. The Department of Energy`s nuclear weapons laboratories are addressing many of these challenges, including nuclear weapons builddown and nonproliferation, nuclear waste storage and burnup, reactor safety and fuel enrichment, global warming, and the long-range development of fusion energy. Today I will focus on two major program areas at the Lawrence Livermore National Laboratory (LLNL): the proliferation of nuclear weapons and the development of inertial confinement fusion (ICF) energy.

  17. Managed change. HMOs, PPOs in flux as buyouts, mergers, competition take a toll on the market.

    PubMed

    Kertesz, L

    1997-06-23

    While some provider-owned managed-care plans have sold to investor-owned companies, most aren't as bottom-line oriented, according to Modern Healthcare's HMO/PPO Survey. Even plans that lost money last year are investing in information systems, new products, geographic expansion and mergers with other provider-owned plans. Several survey respondents are market leaders that have won national recognition.

  18. 2005 Tour de Sol: The Sustainable Energy and Transportation Festival and Competition

    SciTech Connect

    Nancy Hazard

    2005-05-07

    This report gives a summary of the 2005Tour de Sol: The Sustainable Energy and Transportation Festival and Competition. It lists our objectives, what we did, and an analysis of how we met our objectives. An 80-page report with a list of verified print, radio and TV media coverage, and copies of selected news clips and web media coverage is available at the NESEA office for review.

  19. Competitive growth, energy allocation, and host modification in the acanthocephalan Acanthocephalus dirus: field data.

    PubMed

    Caddigan, Sara C; Pfenning, Alaina C; Sparkes, Timothy C

    2017-01-01

    The acanthocephalan Acanthocephalus dirus is a trophically transmitted parasite that modifies both the physiology and behavior of its intermediate host (isopod) prior to transmission to its definitive host (fish). Infected isopods often contain multiple A. dirus individuals and we examined the relationships between host sharing, body size, energy content, and host modification to determine if host sharing was costly and if these costs could influence the modification of host behavior (mating behavior). Using field-based measures of parasite energy content (glycogen, lipid) and parasite body size (volume), we showed that host sharing was costly in terms of energy content but not in terms of body size. Analysis of the predictors of host behavior revealed that energy content, and body size, were not predictors of host behavior. Of the variables examined, parasite intensity was the only predictor of host behavior. Hosts that contained more parasites were less likely to be modified (i.e., less likely to undergo mating suppression). We suggest that intraspecific competition influenced parasite energy content and that the costs associated with competition are likely to shape the strategy of growth and energy allocation adopted by the parasites. These costs did not appear to have a direct effect on the modification of host mating behavior.

  20. Pharmaceutical pricing in emerging markets: effects of income, competition, and procurement.

    PubMed

    Danzon, Patricia M; Mulcahy, Andrew W; Towse, Adrian K

    2015-02-01

    This paper analyzes determinants of ex-manufacturer prices for originator and generic drugs across countries. We focus on drugs to treat HIV/AIDS, TB, and malaria in middle and low-income countries (MLICs), with robustness checks to other therapeutic categories and the full income range of countries. We examine the effects of per capita income, income dispersion, competition from originator and generic substitutes, and whether the drugs are sold to retail pharmacies versus tendered procurement by non-government organizations. The cross-national income elasticity of prices is 0.27 across the full income range of countries but is 0.0-0.10 between MLICs, implying that drugs are least affordable relative to income in the lowest income countries. Within-country income inequality contributes to relatively high prices in MLICs. Although generics are priced roughly 30% lower than originators on average, the variance is large. Additional generic competitors only weakly affect prices, plausibly because generic quality uncertainty leads to competition on brand rather than price. Tendered procurement that imposes quality standards attracts multinational generic suppliers and significantly reduces prices of originator and generic drugs, compared with their respective prices to retail pharmacies.