Search results

1 – 10 of over 15000
Article
Publication date: 17 March 2022

Geraldo Jose Ferraresi de Araujo, Adhemar Ronquim Filho, Luciana Oranges Cezarino and Lara Bartocci Liboni

Renewables such as sugar-energy biomass can contribute to national electrical security, job creation and mitigation of greenhouse gas emissions. However, after the auction of…

Abstract

Purpose

Renewables such as sugar-energy biomass can contribute to national electrical security, job creation and mitigation of greenhouse gas emissions. However, after the auction of reserve energy, in 2008, exclusive biomass, in the regulated contracting environment (RCE), the authors observe that this energy environment has lost competitiveness in the auctions. Thus, a study on the present theme is justified, based on the problem: What are the reasons for the lack of competitiveness of sugar-energy bioelectricity in the Auctions of the RCE of the National Electric Energy Agency? The purpose of this study is to understand the situation of sugar-energy bioelectricity in the Brazilian market.

Design/methodology/approach

Literature review was conducted through the Scientific Electronic Library Online database, as well as the survey of primary documents at Sugarcane Industry Union and Electric Energy Trading Chamber.

Findings

The reasons for lack of competitiveness in RCE electricity auctions are: distant location of transmission lines; difficulties in obtaining licensing; delay in responses from environmental agencies; difficulties in securing financing for electricity generation projects for distilleries; non-pricing of positive environmental externalities as adequate disposal of waste; and the non-recovery of the cost of retrofit of the plants. The present situation may create economic, social and ecological circumstances adverse for Brazilian development, such as a lack of employment and income generation, loss of international currencies from imports of technologies not developed and produced in the country and more significant inefficiency greenhouse gas mitigation.

Originality/value

The originality of this study is in the contribution to the scarce literature on the understanding of the reasons for the lack of competitiveness of the Brazilian sugarcane sector in auctions of the regulated energy environment, based on SWOT analysis and, based on this understanding, to propose solutions for the expansion of this important matrix energy.

Details

International Journal of Energy Sector Management, vol. 17 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 1 October 2001

James Hagy and Chris Flynn

The advent of retail deregulation (liberalisation) in the United States electricity markets provides major energy users, for the first time, significant choice in energy

Abstract

The advent of retail deregulation (liberalisation) in the United States electricity markets provides major energy users, for the first time, significant choice in energy procurement. With choice comes responsibility for sorting the wide range of potential services, associated risks, and variables in price. As deregulation has progressed, the emerging market has not yet reached maturity for retail consumers, resulting in significant price volatility and imbalances in supply in some regions. This paper, presented in two parts in this and the next issue of the Journal, explains the fundamentals of energy choice for commercial and industrial energy users and the criteria to be considered in making long‐term energy commitments.

Details

Journal of Corporate Real Estate, vol. 3 no. 4
Type: Research Article
ISSN: 1463-001X

Keywords

Article
Publication date: 11 April 2008

Sidney Tozzini

The regulation model used by Agência Nacional de Energia Elétrica (ANEEL) (Brazilian National Agency of Electric Energy) brings together the incentive regulation approach (price…

Abstract

Purpose

The regulation model used by Agência Nacional de Energia Elétrica (ANEEL) (Brazilian National Agency of Electric Energy) brings together the incentive regulation approach (price cap) and benchmarking practices to establish the “efficient” operational costs of regulated companies using a “shadow” or “reference” firm. The specific objective is to evaluate in what extent the adoption of the “reference firm” would condition the strategic goals of the regulated firms.

Design/methodology/approach

The paper analyses the correlation between the efficient operational costs set by the reference firm and operational variables of actual utilities during the first cycle of the periodic price revisions conducted by ANEEL from 2003 to 2006, for utilities with more than 400,000 consumer units.

Findings

The analysis shows that the use of the reference firm promotes short‐term efficiency goals for regulated utilities (thus promoting the maintenance of their existent structure). However, it would restrain their technological updating (long‐term efficiency) and their adjustment to meet future demand growth (both vertical and horizontal).

Research limitations/implications

The analysis comprises a sample of 28 utilities with more than 400,000 consumer units and a limited set of physical and economic variables. The study could be improved with the inclusion a number of additional economic and physical variables coupled with the use of additional statistical tools to further test its results for the next cycle of periodic price reviews (2007‐2010).

Originality/value

The study is a first quantitative attempt to analyze the relationship between economic regulation and its consequences upon the strategic management of the utilities conducted in the energy distribution industry in Brazil.

Details

International Journal of Energy Sector Management, vol. 2 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 31 December 2001

James Hagy and Chris Flynn

The advent of retail deregulation (liberalisation) in the United States electricity markets provides the major energy users, for the first time, significant choice in energy

Abstract

The advent of retail deregulation (liberalisation) in the United States electricity markets provides the major energy users, for the first time, significant choice in energy procurement. With choice comes responsibility for sorting the wide range of potential services, associated risks and variables in price. As deregulation has progressed, the emerging market has not yet reached maturity for retail customers, resulting in significant price volatility and imbalances in supply in some regions. This paper, presented in the Journal in two parts, of which this is the second, explains the fundamentals of energy choice for commercial and industrial energy users and the criteria to be considered in making long‐term energy commitments.

Details

Journal of Corporate Real Estate, vol. 4 no. 1
Type: Research Article
ISSN: 1463-001X

Keywords

Article
Publication date: 19 April 2022

Md Abdullah Al Mamun

This study aims to present a scaffolding framework incorporating sophisticated technology that can inform instructional design to support student inquiry learning in the self…

Abstract

Purpose

This study aims to present a scaffolding framework incorporating sophisticated technology that can inform instructional design to support student inquiry learning in the self-regulated online environment.

Design/methodology/approach

The classic predict, observe and explain (POE) framework has been extended through the incorporation of an additional evaluate (E) phase into the model to enhance the self-regulated online learning environment. The extended POEE scaffolding approach, in this study, has been conceptualized as an implicit guide to support the process of guided inquiry for learning particular science concepts. Digital tools were sourced and integrated into this design framework to substitute for the support typically offered by teachers and peers in classrooms.

Findings

The findings suggest that the POEE pedagogical design facilitated the inquiry process through promoting self-regulation and engaged exploration. It also promoted positive emotions in students towards the scaffolded learning modules.

Originality/value

Integrating technologies that benefit students differentially in educational settings remains a considerable challenge. More specifically, in science education, an appropriate inquiry learning context that allows access to well informed pedagogical design is imperative. The application of this inquiry-based scaffolding framework can inform educators in the process of creating their own instructional designs and contexts to provide more effective guided learning.

Book part
Publication date: 24 May 2012

Linne Marie Lauesen

Quality is often defined as cognitive perceptual attributes or properties, and researchers often disagree about which terms should be appropriate in determining quality(Reeves &

Abstract

Quality is often defined as cognitive perceptual attributes or properties, and researchers often disagree about which terms should be appropriate in determining quality(Reeves & Bednar, 1994). Business research in marketing attaches value to the properties of quality (Zeithaml, 1988) and measures this in terms of ‘money’ and customer ‘expectations’. The idea of connecting quality to values through a persistent market – that is determining measurable accounts to products and properties – relies on the idea of an invisible hand controlling the market by competition (March, 1994; Smith, 1776/1976), and it assumes there is a reliable way to control quality and value. But discussions and debates arise when discussing the quality or value of abstract phenomena such as service.

Details

Business Strategy and Sustainability
Type: Book
ISBN: 978-1-78052-737-6

Article
Publication date: 4 January 2021

Amanda M. Convery and Matt Kaufman

This case study highlights state-logic influence on hybrid organizations and institutionally complex environments through acts of regulation (and deregulation).

Abstract

Purpose

This case study highlights state-logic influence on hybrid organizations and institutionally complex environments through acts of regulation (and deregulation).

Design/methodology/approach

This study presents a 30-year narrative case focused on the significant social achievements of the Bonneville Power Administration within the Northwest United States. It combines the analysis of historical documentation, annual reports issued by the organization and interviews with firm management to observe the wax and wane of regulatory influence through time.

Findings

The presented case suggests two ways regulation projects state-logic influence onto hybrid organizations. First, it imposes a “floor” level of baseline social activity that must be met despite pressure from market logic stakeholders. Second, it imposes formal administrative procedures that require interaction with, and often approval from, key social stakeholders. Administrative procedures provide a series of public forums used to promote additional social resource allocation in excess of baseline regulatory mandates.

Research limitations/implications

A narrative case covering a 30-year period will by necessity have to prioritize breadth of analysis over depth. This is a limitation of the analysis presented, but it also provides an opportunity to observe the oscillating impact of state and market-logic influence through time.

Originality/value

The study findings have several implications for the growing accounting literature on institutional complexity and hybrid organization. First, the authors highlight the ways regulation shapes institutionally complex spaces and, as a result, the hybrid organizations formed within those environments. Second, the exogenous nature of regulatory mandates indicate hybrid firms could emerge as both a voluntary and an involuntary adaptation to institutionally complex environments. Finally, this study highlights opportunities to further one’s understanding how state logics influence hybrid organizations through the study of state-owned enterprises (SOEs).

Details

Accounting, Auditing & Accountability Journal, vol. 35 no. 3
Type: Research Article
ISSN: 0951-3574

Keywords

Article
Publication date: 11 April 2008

João Lizardo R. Hermes de Araújo, Agnes Maria de Aragão da Costa, Tiago Correia and Elbia Melo

To investigate the extent to which the contracting mechanisms instituted by the 2004 reform, in particular power auctions, have solved the investment hurdles created by the first…

1663

Abstract

Purpose

To investigate the extent to which the contracting mechanisms instituted by the 2004 reform, in particular power auctions, have solved the investment hurdles created by the first reform.

Design/methodology/approach

The paper analyses the characteristics of Brazilian contracting and the experience so far with power auctions, concerning investments in generation and electricity prices.

Findings

Auctions have been moderately successful, in the sense that they have attracted a fair number of bidders and electric companies have increased their value in the stock exchange, while keeping prices moderate. However, a number of other hurdles to investment – in particular clear and feasible criteria for environmental licensing – have to be solved in order to achieve the reform goals.

Research limitations/implications

The format of power auctions is still going through a learning process; also, the experience has been limited so far, which severely hinders the use of quantitative tools. This could be the object of future research, after more data are available. Of particular interest will be the follow‐up of free bilateral contracting, which has grown significantly.

Practical implications

This could be a useful reference for scholars interested in the recent developments in the Brazilian Electricity Supply Industry.

Originality/value

As far as is known, this is the first paper to systematically analyse the performance of power auctions in the Brazilian market. Its value lies in that it allows an objective evaluation of one central point of the 2004 reform.

Details

International Journal of Energy Sector Management, vol. 2 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 2 January 2020

Jaime Sánchez-Ortiz, Teresa Garcia-Valderrama, Vanesa Rodríguez-Cornejo and Francisca Cabrera-Monroy

The purpose of this paper is to demonstrate that overcapacity and tariff deficit (external constraints) negatively affect the efficiency of distribution firms in the Spanish…

Abstract

Purpose

The purpose of this paper is to demonstrate that overcapacity and tariff deficit (external constraints) negatively affect the efficiency of distribution firms in the Spanish electricity sector. To do this, the paper is based on the theory of constraints and theory of economic regulation.

Design/methodology/approach

Data envelopment analysis (DEA) window methodology is carried out on the constant scales (I-C) with a sample consisting of five main distribution firms during the period from 2006 to 2015. In turn, an analysis of the Malmquist index is carried out to assess whether it has had a displacement with respect to the efficiency frontier.

Findings

The results show that the overcapacity and the tariff deficit negatively affect the efficiency of the distribution firms of the Spanish electricity sector. In addition, there is an existence of external constraints that affect the activities of regulated organisations and the importance of adequate legislation in regulated sectors.

Originality/value

This study defines a model that shows how the efficiency problems associated with electricity distribution companies such as productive overcapacity or tariff deficit can be measured based on the theory of constraints and theory of economic regulation.

Details

International Journal of Energy Sector Management, vol. 15 no. 4
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 11 February 2019

Agus Hermanto and Laser Narindro

This paper aims to investigate the new geothermal law and its implications for geothermal development in Indonesia.

Abstract

Purpose

This paper aims to investigate the new geothermal law and its implications for geothermal development in Indonesia.

Design/methodology/approach

This paper investigates new geothermal law and its implications for geothermal development in Indonesia by using comparable law article to discuss this development. All the data are obtained from literature studies based on the history and background, ownership and access, investment and risks, electricity market and re-policies, environmental regulations and community participation around the geothermal resources.

Findings

Geothermal industries in Indonesia need assurance and clear legal basis to be developed. Geothermal investors, whether foreign or local, need policy assurance and good business structures that can create a secure investment environment. Furthermore, a good relationship with international cooperation agency needs to be improved to establish knowledge transfer regarding technologies and information about exploration, production and geothermal development. This is essential to further develop the geothermal utilization and prepare Indonesia to be the country with the biggest reduction in CO2 emission in 2025. New geothermal regulation (Law No.21 Year 2014) has facilitated the geothermal activities. After the issuance of this regulation, the activities can be done at conserved, production and conservation forest. Moreover, the public service agency (BLU) or state-owned enterprise (BUMN) assignment scheme can boost the geothermal industries development.

Originality/value

Indonesia has huge geothermal resources because of its geological condition that is located at volcanoes path, also known as “Ring of Fire”. According to 2017 ESDM data, Indonesia’s geothermal potentials are almost 30 GW and are distributed to 331 potential points. However, only 5 per cent of those potentials (1,643.5 MW) have been utilized to date. The huge potentials can be utilized optimally to support the Government’s plan in achieving the energy security. Therefore, policies that regulate geothermal utilization is strategically essential for Indonesia’s future.

Details

International Journal of Law and Management, vol. 61 no. 1
Type: Research Article
ISSN: 1754-243X

Keywords

1 – 10 of over 15000