December 20th, 2011 by Giuseppe Bellantuono, University of Trento
Huge investments in new transmission power lines are required on both sides of the Atlantic in the next two decades. Financial, technological and regulatory uncertainties jeopardise their timely implementation. The European Commission (EC) and the Federal Energy Regulatory Commission (FERC) have recently started to design a more favourable regulatory framework. Will they succeed? And do their proposals differ? Continue reading »
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December 11th, 2011 by Fereidoon Sioshansi, EEnergy Informer
South Korea’s rapid ascent to join the ranks of the developed economies of the world has been nothing short of miraculous. With a per capita GDP of $31,750, its citizens make more than the average European, based on purchasing power parity (PPP), a fact that surprises many. In stark contrast to its improvised neighbor to the north, the country is blessed with a dependable electricity delivery infrastructure that is the envy of many. Power shortages afflicting other parts of the world are unheard of in Korea, which enjoys low – albeit subsidized – electricity prices.
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