Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5001619 | The Electricity Journal | 2017 | 5 Pages |
Abstract
The restructuring of Ontario's electricity system is an excellent example of how forcing electricity to seem like a private good creates wasteful economic rents. This article estimates that the rents collected from Ontario consumers since Market Opening 2002 are at least $40 billion. The precondition to reduce consumers' costs is to abandon the pretense of an electricity market.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Russell William Houldin,