Wheeling and dealing: reforming electricity markets in Japan

Lesbirel, Hayden (1997) Wheeling and dealing: reforming electricity markets in Japan. In: Pempel, T.J., Warren, Tony, George Mulgan, Aurelia, Lesbirel, S. Hayden, Jain, Purnendra, and Tabusa, Keiko, (eds.) The Politics of Economic Reform in Japan. Pacific Economic Papers, 270 . Australian National University, Canberra, ACT, pp. 109-149.

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[Extract] The postwar structure of electricity markets in Japan, characterised by private monopolies and state regulation has prevented any significant competition from emerging in those markets. It has done so through a regulatory system that has served to reinforce existing monopolies. Alternative suppliers, with the exception of some limited generation by industry, were prevented from entering electricity markets. These suppliers were furthermore constrained in their supply operations as they could not engage in wheeling and dealing (supply to non-utility consumers) because private monopolies controlled transmission lines. With the exception of some consumption by power companies, consumers were generally prevented from purchasing electricity from non-utility entities. Any non-utility supply and consumption which occurred was heavily regulated and only took place in peripheral markets.

Item ID: 22712
Item Type: Book Chapter (Research - B1)
ISBN: 978-0-86413-212-3
ISSN: 0728-8409
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Date Deposited: 18 Jul 2013 02:03
FoR Codes: 16 STUDIES IN HUMAN SOCIETY > 1606 Political Science > 160606 Government and Politics of Asia and the Pacific @ 100%
SEO Codes: 94 LAW, POLITICS AND COMMUNITY SERVICES > 9402 Government and Politics > 940203 Political Systems @ 100%
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