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McGill School of Environment - Regulation Reform in the Electricity Industry
Definitions
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Presentation and
Final report
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Energy Efficiency:
An encompassment of all changes that
result in decreasing the amount of energy used to produce one unit of economic
activity or to meet the energy requirements for a given level of comfort
Associated to economic efficiency and includes technological, behavioral and economic changes
Deregulation:
The removal of government controls from an industry
Structure of the Electricity Industry (Brennan, A Shock to the System, 1996)
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