Are energy efficiency standards within the electricity sector a form of regulatory capture?

Are energy efficiency standards within the electricity sector a form of regulatory capture?

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Article ID: iaor20115408
Volume: 39
Issue: 6
Start Page Number: 3602
End Page Number: 3604
Publication Date: Jun 2011
Journal: Energy Policy
Authors:
Keywords: government, economics
Abstract:

  • Energy efficiency standards (EES) are becoming increasingly popular.
  • By quasi‐controlling quantities regulators have to relinquish price setting power.
  • Decoupling mechanisms tend to be deployed once an EES is introduced.
  • Automatic pricing adjustments may ultimately lead to utilities seeking EES.
  • All interested stakeholders may potentially benefit from the EES.
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