Industry practitioners who advocate retail competition and Demand-side Participation now look for approaches to link both initiatives through distributor pricing. As distributors incrementally convert more traditional assets into Smart Grid assets, they also need to consider different pricing approaches to recover the investment costs and meet the regulatory business requirements. Small electri...

As with most water companies in the world UK water companies face very little competition for the delivery of water within their area. However, recently both the government and the regulator, Ofwat, have indicated that they wish to see a major change in the industry through a significant growth of competition. The pricing of common carriage of water will be central to whether this objective can...

The current paper presents an institutional analysis of wastewater (non) treatment and reuse scenario using the case study of Hyderabad, India. The objective of the institutional analysis in the current study is to determine the extent and the character of an observed gap between declared rules (formal) and rules-in-use (informal practices) in the context of wastewater disposal, use and its adv...

Understanding the knowledge of climate-change impacts on water-resources is a priority. This article goes step further with main objective this study to explore water-practitioners’ viewpoints regarding water supply-side and demand-side management measures in coping future climatic achieve urban security. Interviews were conducted water-professionals from regional authorities Queensland, Austra...

This paper develops the method for pricing bivariate contingent claims under General Autoregressive Conditionally Heteroskedastic (GARCH) process. In order to provide a general framework being able to accommodate skewness, leptokurtosis, fat tails as well as the time varying volatility that are often found in financial data, generalized hyperbolic (GH) distribution is used for innovations. As t...