<?xml version="1.0" encoding="UTF-8"?><xml><records><record><source-app name="Biblio" version="7.x">Drupal-Biblio</source-app><ref-type>17</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Eve Tsybina</style></author><author><style face="normal" font="default" size="100%">Juan Moreno-Cruz</style></author><author><style face="normal" font="default" size="100%">Alexey Tereshin</style></author></authors></contributors><titles><title><style face="normal" font="default" size="100%">Liberalisation lowers primary energy efficiency: Evidence from twin power systems</style></title><secondary-title><style face="normal" font="default" size="100%">Energy</style></secondary-title></titles><dates><year><style  face="normal" font="default" size="100%">2019</style></year></dates><urls><web-urls><url><style face="normal" font="default" size="100%">https://www.sciencedirect.com/science/article/abs/pii/S0360544219301938?via%3Dihub</style></url></web-urls></urls><volume><style face="normal" font="default" size="100%">173</style></volume><pages><style face="normal" font="default" size="100%">423-435</style></pages><language><style face="normal" font="default" size="100%">eng</style></language><abstract><style face="normal" font="default" size="100%">The question “What has been achieved by a reform of the power sector” remains important for governments since the beginning of&amp;nbsp;&lt;a href=&quot;https://www.sciencedirect.com/topics/engineering/liberalization&quot; title=&quot;Learn more about Liberalization from ScienceDirect's AI-generated Topic Pages&quot;&gt;liberalisation&lt;/a&gt;&amp;nbsp;20 years ago. Usually it is difficult to say if liberalisation brings efficiency advantages due to the absence of a perfect counterfactual. This study uses a unique setting – two regions in Russia that have similar load, generation and transmission characteristics – to identify a causal relation between liberalisation and subsequent performance. Given that the only difference between these two regions is that one was liberalised and the other one remained a&amp;nbsp;&lt;a href=&quot;https://www.sciencedirect.com/topics/engineering/natural-monopoly&quot; title=&quot;Learn more about Natural Monopoly from ScienceDirect's AI-generated Topic Pages&quot;&gt;natural monopoly&lt;/a&gt;, we can attribute any differences to changes in policy only. Moreover, our focus on the impacts in&amp;nbsp;&lt;a href=&quot;https://www.sciencedirect.com/topics/engineering/infrastructure&quot; title=&quot;Learn more about Infrastructure from ScienceDirect's AI-generated Topic Pages&quot;&gt;infrastructure&lt;/a&gt;identifies changes that have not previously been explored. We find that&amp;nbsp;&lt;a href=&quot;https://www.sciencedirect.com/topics/engineering/primary-energy&quot; title=&quot;Learn more about Primary Energy from ScienceDirect's AI-generated Topic Pages&quot;&gt;primary energy&lt;/a&gt;&amp;nbsp;efficiency increased in the monopoly region and decreased in the market region. There are three possible explanations for this effect. The first explanation is change in&amp;nbsp;&lt;a href=&quot;https://www.sciencedirect.com/topics/engineering/unit-commitment&quot; title=&quot;Learn more about Unit Commitment from ScienceDirect's AI-generated Topic Pages&quot;&gt;unit commitment&lt;/a&gt;&amp;nbsp;in both regions resulting in different overall efficiency. The second one is deterioration of heat sector caused by decoupling of power and heat in the liberalised region. The third one is&amp;nbsp;&lt;a href=&quot;https://www.sciencedirect.com/topics/engineering/investment&quot; title=&quot;Learn more about Investment from ScienceDirect's AI-generated Topic Pages&quot;&gt;investment&lt;/a&gt;&amp;nbsp;in more expensive and more efficient equipment in the monopoly region.</style></abstract><issue><style face="normal" font="default" size="100%">Apr</style></issue></record></records></xml>