Industry Restructuring

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Hugh Outhred - One of the best experts on this subject based on the ideXlab platform.

  • electricity Industry Restructuring in australia underlying principles and experience to date
    Hawaii International Conference on System Sciences, 2007
    Co-Authors: Hugh Outhred
    Abstract:

    Electricity Restructuring is a complex, never-ending process that has engineering, economic, social, commercial, legal and policy dimensions and takes place within a broad societal context. Thus, there are many interdisciplinary challenges for the design, implementation and on-going maintenance of a successful Restructuring process. Moreover, it is not possible beforehand to be sure that a particular design will work satisfactorily because the formally designed aspects of a restructured Industry are only part of the whole. Therefore, it is most important to approach the design of Restructuring in manner that is as robust as possible over both the short and long term. This paper describes the underlying principles used in Restructuring the Australian electricity Industry and discusses outcomes to date and current challenges

  • Electricity Industry Restructuring for Efficiency and Sustainability - Lessons from the Australian Experience
    2006
    Co-Authors: Hugh Outhred, Iain Macgill
    Abstract:

    To reduce climate change emissions, electricity Industry Restructuring must deliver outcomes such as: • Improved end-use efficiency, including building and equipment design • Greater use of low-emission generation, including renewable energy and co-generation • Greater use of actively managed energy storage facilities including some electrical loads • Reduced losses in the energy conversion chain It must also maintain appropriate supply reliability and quality despite greater reliance on time-varying renewable energy fluxes and small-scale distributed resources. Moreover, the need to achieve economically efficient outcomes remains as strong as ever, while energy security concerns (both short and longer-term) are receiving growing attention. To deliver such outcomes requires a sophisticated approach to electricity Industry Restructuring that coordinates centralized and decentralized decision-making by policy makers, regulators, system operations, supply and demand side Industry participants, equipment manufacturers and building designers. It is particularly important to establish a framework that allows Energy Service Companies (ESCOs) to play a key role in facilitating improved end-use decision-making. Advanced metering and communication and flexibility in demand are important in this regard. This paper discusses the strengths and weaknesses of the Australian approach to electricity Industry Restructuring with particular attention to the role of ESCOs. It assesses the wholesale and retail energy and ancillary service market designs, tradable environmental instruments, advanced metering strategy and regulatory and policy framework with respect to efficient energy use, stochastic renewable energy generation and cogeneration, and energy storage. It makes suggestions on how to enhance participation by end-users, ESCOs, building designers, and equipment manufacturers.

  • Interdisciplinary Courses in Engineering: Some Experiences from a Decade of Teaching Electricity Industry Restructuring to Electrical Engineering Students
    2006
    Co-Authors: Iain Macgill, Hugh Outhred
    Abstract:

    There is an apparent growing need and interest in developing courses that provide engineering students with interdisciplinary knowledge and skills. The electricity Industry provides a case in point. The last two decades have seen world-wide efforts to restructure national electricity industries from traditionally government owned or highly regulated private monopolies towards more competitive, market-based institutional arrangements. Australia is no exception to these world-wide developments, and has been a leading exponent in some regards. Electricity Industry Restructuring has been under way for well over a decade and a National Electricity Market (NEM) now extends across all of Southern and Eastern Australia. The unique physical characteristics of electricity and electrical networks, supply and end-use equipment pose significant constraints on any commercial arrangements established for such markets. So does electricity's role as an essential public good and driver of economic development which ensures high societal and hence government interest in the efficient and secure operation of the Industry. Engineers have an important role to play in the design and operation of such interdisciplinary 'designer' markets that must attempt to bridge the gap between technical 'engineering' realities and conventional economic and commercial constructs, for an Industry sitting within a challenging policy context. In this paper we outline some of our experiences over a decade of teaching undergraduate and post-graduate courses at the University of NSW in Power Systems Operation and Control, and Power Systems Planning and Economics. We describe how these courses are structured to place the relevant engineering knowledge within an interdisciplinary context, and their application of a modelling hierarchy from scientific, engineering, economic, commercial through to policy models. Finally, we consider how engineering students have managed to assimilate this material and highlight what we see as some of the key outstanding questions in teaching such courses.

  • USING A MARKET GAME AS A TOOL FOR TEACHING STRATEGIC BEHAVIOUR IN AN ELECTRICITY Industry Restructuring COURSE
    2004
    Co-Authors: Thai D. H. Cau, Hugh Outhred, Iain Macgill
    Abstract:

    Electricity Industry Restructuring is now being taught in electrical power-engineering curricula around the world. The subject involves a great deal of interdisciplinary concepts, including economic, commercial and other social and environmental aspects of the Restructuring process as well as engineering. Among these new concepts, an introduction to market strategic behaviour is essential. This paper describes a teaching tool developed at the University of New South Wales (UNSW) to facilitate students’ understanding of strategic behaviour in electricity markets via a set of simple spreadsheet-based games. We also discuss the outcomes from the first trial application of these games in the postgraduate subject Elec9201-Electricity Industry Planning and Economics at UNSW in session 2, 2003.

  • A review of electricity Industry Restructuring in Australia
    Electric Power Systems Research, 1998
    Co-Authors: Hugh Outhred
    Abstract:

    Abstract The Australian electricity Industry Restructuring process involves functional separation, corporatisation and, in some cases, privatization of the pre-existing state-owned supply authorities. The end point will be, for the southern and eastern states, a multi-region `National Electricity Market' (NEM) which is regulated at the federal government level, and retail electricity markets which are implemented and regulated at the state government level. This paper provides an overview of the Australian electricity Industry Restructuring process and then focuses on the performance of the NEM and its precursors, the NSW and Victorian state markets. Recent criticisms of the Restructuring process are reviewed and conclusions are drawn about progress to date and future prospects.

Victor J. Callan - One of the best experts on this subject based on the ideXlab platform.

  • Industry Restructuring and job loss: towards a guiding model to assist the displaced older worker
    Journal of Vocational Education & Training, 2020
    Co-Authors: Victor J. Callan, Kaye Bowman, Terrance W. Fitzsimmons, Alison L. Poulsen
    Abstract:

    With Industry Restructuring and closure, many displaced older workers need major supports and interventions to find a new job. The completion of 52 interviews with displaced older workers, and with...

  • Skills transfer, re-skilling and training of older workers in response to Industry Restructuring
    2015
    Co-Authors: Victor J. Callan
    Abstract:

    Industry Restructuring involving job losses is an enduring feature of the Australian economy. In the absence of effective responses many displaced workers will add to unemployment numbers or retire by default when they fail to find new employment. With awarded funding from National Centre for Vocational Education Research's (NCVER's) National Vocational Education and Training Research (NVETR) program for 2014-15 the presenters have investigated effective approaches to helping displaced older workers to overcome job loss through effective skills transfer, re-skilling and training. Past approaches have been investigated via a review of national and international literature and current approaches via case studies undertaken in four regions of Australia. Older workers displaced from lower skilled jobs have been the focus as they typically face greater challenges in finding new jobs, whereas more skilled and highly qualified workers have more readily transferable skills and they gain new jobs more readily. The findings of the research project are presented in this session and in the form of a good practice model. The good practice model for effective skills transfer, re-skilling and training of older workers displaced from lower skilled jobs due to the Industry Restructuring takes into account identified critical enablers and barriers for this cohort of displaced workers. The model includes skills transfer, re-skilling and training activities in combination with other essential activities. It is anticipated that the model may inform work with other vulnerable cohorts of job seekers.

T. J. Hammons - One of the best experts on this subject based on the ideXlab platform.

  • POWER MARKET Restructuring IN ASIA : RUSSIA, CHINA, INDIA AND JAPAN
    International Journal of Power and Energy Systems, 2008
    Co-Authors: T. J. Hammons, N.i. Voropai, J. Zhong, S. Mukhopadhyay, I. Kurihara
    Abstract:

    This paper examines power market Restructuring in Asia, principally in Russia, China, India and Japan. It considers economic convergence points of the Russian and Asian Power Markets; Russia's power Industry Restructuring - current state and problems; and power Industry Restructuring in China: regional electricity markets, investment, planning and challenges. Also considered is development of the power market in India; and Restructuring of the electric power Industry and current state of the power market in Japan: progress, outline of revisions, and an assessment of institutional reforms.

  • Power Market Restructuring in Asia: Russia, China, India and Japan
    Proceedings of the 41st International Universities Power Engineering Conference, 2006
    Co-Authors: T. J. Hammons
    Abstract:

    This paper examines power market Restructuring in Asia, principally in Russia, China, India and Japan. It considers economic convergence points of Russian, Russian Commonwealth of Independent States (CIS) and Asian Power Markets; Russia's power Industry Restructuring?current state and problems; and power Industry Restructuring in China: regional electricity markets, investment, planning, and challenges. Also considered is development of the power market in India; and Restructuring of the electric power Industry and current state of the power market in Japan: progress, outline of revisions, and an assessment of institutional reforms.

J.c. Hoag - One of the best experts on this subject based on the ideXlab platform.

  • Updated summary of state electric Industry Restructuring activities
    1997
    Co-Authors: J.c. Hoag
    Abstract:

    The pace of electric Industry Restructuring has become more deliberate in 1997. This brief article and accompanying table describe the advance of Restructuring across the US as of early September 1997, and continue the series of topical summaries by exploring retail competition pilot programs and lessons learned. Eight states have now enacted substantive Restructuring legislation, Maine and Nevada were recently added to the list.

  • Analysis of electric Industry Restructuring in key states and updated summary of state electric Industry Restructuring activities
    1996
    Co-Authors: J.c. Hoag
    Abstract:

    There is a strong convergence of the principles for Restructuring the electric Industry in three states: California, Massachusetts, and New Hampshire. These states are all preparing orders for competitive generation markets based on independent transmission systems. Despite having a common vision for a restructured electric Industry, their specific orders and plans differ somewhat. After reviewing the common features of the states` plans, this article will examine some remaining matters among their approaches. All three states call for customer choice as a way to bring market discipline and efficiency to electricity generation. Initial timetables for full implementation vary widely, up to ten years, in a series of phases. All states have visible uneconomic nuclear assets, whose costs are perceived, at least in New England, to be detrimental to the regional economic health. The centerpiece of each plan is an Independent System Operator (ISO) providing transmission services on a nondiscriminatory basis, consistent with the Federal Energy Regulatory Commission`s (FERC) Final Order 888, April 1996. The ISO is charged with both maintaining system reliability and enabling the operation of a Power Exchange (PE). In California, for instance, the PE not only provides the normal merchant clearinghouse functions of the ISO, it also ismore » expected to develop a spot market for the generation of electricity in order to ensure overall system reliability.« less

Izabela Jonek Kowalska - One of the best experts on this subject based on the ideXlab platform.

  • Challenges for long-term Industry Restructuring in the Upper Silesian Coal Basin: What has Polish coal mining achieved and failed from a twenty-year perspective?
    Resources Policy, 2015
    Co-Authors: Izabela Jonek Kowalska
    Abstract:

    Abstract Restructuring entire industries within changing economic systems remains a great challenge. This Restructuring is a project of extraordinary scale, including entire regions and even a whole economy. Therefore, the primary objective of this paper is to assess the Restructuring of coal mining in Poland from 1990 to 2013 in combination with identification of directions for its further development to guarantee survival of the Industry in current market conditions. To achieve the objective, the empirical part of the paper presents the causes, process and effects of Restructuring from two perspectives. The first is a macroperspective which concerns coal mining in Poland as a sector. The second is a microperspective in which the largest Polish coal producers, together with their 24 colliery structures, are analyzed. Additionally, in the theoretical part of the paper—including the introduction with the literature study—the review of previous research on Restructuring is presented in order to establish the background of the analysis and evaluation that were conducted. It can be concluded from the research results that in more than twenty years of Industry Restructuring in Poland, only a portion of the Restructuring aims have been achieved. Importantly, these aims include reductions in employment and increases in productivity but only partial and periodic increases in efficiency. However, many of the collieries have not accomplished a sustainable improvement in efficiency.