<p>The Electricity Industry Reforms (EIR) is a worldwidephenomenon that is inducing an intensive business orientedcontext in the organization, processes and functions of theElectricity Industry (EI). The electric power grid is nowtreated as the electricity market, the consumer as thecustomer, the power system activities are related to marketactors (i.e. generators, distributors and retailers) and theElectricity Industry Control Centers (EICC) provide theessential coordination and economic trade functions andtransactions.</p><p>The EICC are looking for solutions to introduce, amongstothers, emerging information processes in the business orientedcontext with all the Electricity Industry actors without losingthe technical reliability of the EI. The EIR is delineated as amajor change on the traditional EI relying heavily oninformation exchange amongst the market actors.</p><p>In the Central American countries, these EIR started around1996. The EICC in this region are facing the demanded changeswith information legacy systems, in operation long time beforethe EIR and considered already obsolete.</p><p>This thesis exploresand summarizes, as a researchcontribution, the main problems at the EICCs in CentralAmerica, in managing the incorporation of emerging informationproc-esses.</p><p>An Information System Migration Framework (ISMF) for theEICC is proposed as a re-search contribution and solution tothe problems identified. The ISMF here presented provides a setof steps and guidelines to follow for managing any emerginginformation processes in a systematic, feasible and reliableway. The ISMF is a continuous description of emerginginformation processes, risk assessments, requirementelicitation and specifica-tions with traceable and incrementalimplementations without completely replacing the system. TheISMF has as fundamental characteristic that provides a feasibleview of the current operation of the EICC, a continuous anditerative process of controlled changes and a systematicprocess to update the EICC operation model with a set of stepsthat are implementation independent, technology independent,process ori-ented and user centered.</p><p>The ISMF’s feasibility, replicability and useracceptance has partially tested at the EICC in El Salvador andNicaragua.</p><p><b>Key words:</b>Electricity Industry, Electricity IndustryReforms, Electricity Industry Control Centers, InformationSystem Migration, Information Systems Modeling andRequirements, Case Studies in the Electricity Industry inCentral America.</p>

The Electricity Industry Reforms (EIR) is a worldwidephenomenon that is inducing an intensive business orientedcontext in the organization, processes and functions of theElectricity Industry (EI). The electric power grid is nowtreated as the electricity market, the consumer as thecustomer, the power system activities are related to marketactors (i.e. generators, distributors and retailers) and theElectricity Industry Control Centers (EICC) provide theessential coordination and economic trade functions andtransactions. The EICC are looking for solutions to introduce, amongstothers, emerging information processes in the business orientedcontext with all the Electricity Industry actors without losingthe technical reliability of the EI. The EIR is delineated as amajor change on the traditional EI relying heavily oninformation exchange amongst the market actors. In the Central American countries, these EIR started around1996. The EICC in this region are facing the demanded changeswith information legacy systems, in operation long time beforethe EIR and considered already obsolete. This thesis exploresand summarizes, as a researchcontribution, the main problems at the EICCs in CentralAmerica, in managing the incorporation of emerging informationproc-esses. An Information System Migration Framework (ISMF) for theEICC is proposed as a re-search contribution and solution tothe problems identified. The ISMF here presented provides a setof steps and guidelines to follow for managing any emerginginformation processes in a systematic, feasible and reliableway. The ISMF is a continuous description of emerginginformation processes, risk assessments, requirementelicitation and specifica-tions with traceable and incrementalimplementations without completely replacing the system. TheISMF has as fundamental characteristic that provides a feasibleview of the current operation of the EICC, a continuous anditerative process of controlled changes and a systematicprocess to update the EICC operation model with a set of stepsthat are implementation independent, technology independent,process ori-ented and user centered. The ISMF’s feasibility, replicability and useracceptance has partially tested at the EICC in El Salvador andNicaragua. <b>Key words:</b>Electricity Industry, Electricity IndustryReforms, Electricity Industry Control Centers, InformationSystem Migration, Information Systems Modeling andRequirements, Case Studies in the Electricity Industry inCentral America. / NR 20140805

This dissertation uses recently developed empirical methodologies for the study of multi-unit auctions to test the impacts of Financial Transmission Rights (FTRs) on the competitiveness of restructured electricity markets. FTRs are a special type of financial option that hedge against volatility in the cost of transporting electricity over the grid. Policy makers seek to use the prices of FTRs as market signals to incentivize efficient investment and utilization of transmission capacity. However, prices will not send the correct signals if market participants strategically use FTRs. This dissertation uses data from the Texas electricity market to test whether the prices of FTRs are efficient to achieve such goals. The auctions studied are multiunit, uniform-price, sealed-bid auctions. The first part of the dissertation studies the auctions on the spot market of the wholesale electricity industry. I derive structural empirical models to test theoretical predictions as to whether bidders fully internalize the effect of FTRs on profits into their bidding decisions. I find that bidders are learning as to how to optimally bid above marginal cost for their inframarginal capacities. The bidders also learn to bid to include FTRs into their profit maximization problem during the course of the first year. But starting from the second year, they deviated from optimal bidding that includes FTRs in the profit maximization problems. Counterfactual analysis show that the primary effect of FTRs on market outcomes is changing the level of prices rather than production efficiency. Finally, I find that in most months, the current allocations of FTRs are statistically equivalent to the optimal allocations. The second part of the dissertation studies the bidding behavior in the FTR auctions. I find that FTRs?? strategic impact on the FTR purchasing behavior is significant for large bidders ?? firms exercising market power in the FTR auctions. Second, trader forecasts future FTR credit very accurately while large generators?? forecasts of future FTR credit tends to be biased upward. Finally, The bid shading patterns are consistent with theoretical predictions and support the existence of common values.

This research is about the problem of identifying key factors for corporate recovery of electric utilities in New Zealand and the Philippines. Its primary objective is to learn from the experiences of three regulated government utilities and one small private distributor that are involved in the three sectors of electricity business in power generation, transmission and distribution. How these firms survived their decline problems, and managed and sustained their turnaround efforts is the focus of this study. The results indicate the importance of change management, leadership, cost reduction and financial control in reversing the decline of these firms. Also underscored are the crucial role of efficiency improvement and achievement of profit together with winning employee commitment and broad stakeholder support in sustaining the recovery effort.These comparative case studies were undertaken at a time when crises and turbulence affected the management and organisation of electricity businesses in the Asia/Pacific region, particularly New Zealand and the Philippines. Electric utilities in both countries are regulated and less vertically integrated than anywhere else in the region. Significant changes to the ownership and control of these firms and their competitive relationships over the past decade have complicated the way strategic problems and issues have to be resolved. In the meantime, threats and pressures from all stakeholders have made the management and operations of these utilities difficult.Thus, a critical review of their specific circumstances and predicaments is in order for similarly affected enterprises to avoid past errors and to replicate only the strategies that may suit them. In this regard, this work contributes to the enrichment of the existing body of knowledge in business policy and strategic management that has been fast evolving during the ++ / nineties in electric utilities around the world.

This thesis examines the role that structure and agency play in the outcomes of political contests around privatisation. It does so through a case study of the South Australian Electricity Trust (ETSA), which was established (nationalised) in 1946 and privatised in 1999. The approach taken involves an examination of historical context, particularly the emergence of public enterprise and the nationalisation of the South Australian electricity industry in the post WW2 period.

International electricity industry has encountered many external changes in recently years, like the surge of electricity liberation. Moreover, the issue of energy and green-environment has been a global concern. When facing changes, organizations often adjust their strategies to deal with them. And a good performance evaluation system is a bridge that links the strategy and operation in this process. Performance management is an indispensable part of long-term development strategy. It can not only transfer executive¡¦s vision into strategy and action plans but also lead the organization to its initial objectives. This research takes into account the differences of nature and operating environment between electricity industry and private corporations and wants to discuss the performance evaluation system and indicators of electricity in changing environment. After considering the relevant literatures and international practical methods, this research comes up with a performance-evaluation dimension based on industrial value-chain, including manufacturing, supplying, sales and service, and social responsibility. This method takes into account the organization¡¦s mission and vision, and its industrial attribute. Moreover, the consideration of social responsibility is the biggest contribution of this research because it can echo the hiking environmental concern in recent years. In the final simulation result, we can find out that it can, compared with the real grades, reveal the nature of public utility and match the characteristic of stability.

This thesis examines the role that structure and agency play in the outcomes of political contests around privatisation. It does so through a case study of the South Australian Electricity Trust (ETSA), which was established (nationalised) in 1946 and privatised in 1999. The approach taken involves an examination of historical context, particularly the emergence of public enterprise and the nationalisation of the South Australian electricity industry in the post WW2 period.

This paper quantifies and analyzes the economic impact of the Great Tohoku Earthquake and tsunami on the Japanese electricity industry using alternative event study methodology. The data set includes daily stock prices of 11 publicly traded electricity companies. This paper investigates the changes in systematic risk, abnormal returns (ARs), and cumulative abnormal returns (CARs) before and after the natural disaster. In addition, I compare the movement of the stock price in the electricity industry with other indices in Japan to investigate the aggregate level impact on the Japanese economy. By examining the economic impact of the earthquake, this paper provides a visual and a numerical representation of the change in investors’ views on the electricity industry. The results showed no statistically significant changes in ARs in the immediate aftermath of the disaster. On the other hand, statistically significant changes in CARs were found for all 11 electricity companies over an extended period following the disaster. Furthermore, there was a statistically significant increase in systematic risk, especially in the nuclear-committed firms. Although the electricity industry was negatively affected, daily stock prices and CARs show that other industries were not as severely affected. These results provide insight to the global economic and the political implication of the disaster.

Diss. Stockholm : Handelshögsk., 2003.

Traditionally, the electricity industry is fully regulated with a centrally controlled structure. The power system operator has full technical and costing information as well as a full control over the operation and maintenance of power system equipment. Recently, many countries have gone through privatization of their electricity industries unbundling the integrated power system into a number of separate deregulated business entities. The preventive maintenance of power system equipment in the restructured electricity industries is no longer controlled centrally, and none of these entities currently have explicit accountability for maintenance activities. The approaches used to schedule the maintenance activities in the centralized system are not ideal for addressing the new deregulated environments. In recent years a few research publications has been reported in this area. This paper presents a review and analysis of these reported maintenance scheduling approaches for power system equipment in the changed environment.