Title: PURC Update
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00103493/00002
 Material Information
Title: PURC Update
Physical Description: Serial
Language: English
Creator: Public Utility Research Center, Warrington College of Business, University of Florida
Publisher: Public Utility Research Center, Warrington College of Business, University of Florida
Place of Publication: Gainesville, Fla.
Publication Date: Winter 2007
 Record Information
Bibliographic ID: UF00103493
Volume ID: VID00002
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.

Full Text

PURC Update

Greer~ng?" \,4 br~ng ,.:.u ne*.; tr.:.r r. h Pubis*:
Utility Research Center (PURC) at the University of Florida. Our electronic
newsletter is designed to keep utility regulators, policymakers and
infrastructure managers informed of our upcoming programs, research
activities and news about colleagues and resources. We invite you to
join our mailing list and receive our bulletins by e-mail.

35th Annual PURC Conference
loin us as we explore how climate change policy and
new realities in telecommunications are altering the
way infrastructure services are delivered in the future.
Register now for the PURC Annual Conference, The Real
Climate Change: Planning and Investing Under
Uncertaint coming up February 5-6, 2008 in
Gainesville Florida. Don't miss the january 11 deadline
for the ear y registration fee as well as for the
conference guest room rate (single/double, $124) at
the Hilton U~niversity of Flori a Conference Center. Find
our strong lineup of speakers on the Annual Conference
S35th Annual Conference

Use our new search engine to locate PURC working
papers and publications, including:
11Water Supply and Sanitation in Zambia: Reform and Requlationll
This PURC working paper by Chola Mbilima, a january
2007 graduate of the PURC/World Bank International Training
Por on Utility Regulation and Strategy, presents
steps that can be taken to improve water sector
11An Emnirical Analysis of Fixed and Mohile Broadhand Diffusionl
This international study by UF graduate students
Sangwon Lee and Mircea Marcu demonstrates that
competition between technologies, diffusion of
personal computers, and local loop unbundling
Increases broadband~ deployment. ~Furthermore,
allowing multiple standards for mobiles increases
penetration of wireless broadband.
Equilibrium Prices in Power Exchanqes with Non-convex Bidsl
This paper by Richard O'Neill, PURC Director of Energy
Studies Paul Sotkiewicz, and Michael Rothkopf shows
how uniform, linear prices in power exchange markets
such as the Amsterdam Power Exchange and Nord Pool,
which allow "fill or kill" block bids by market
participants, lead to sub-optimal outcomes for market
participants. The paper proposes to use discriminatory,
multi-part prices in which there is a price for energy
and a discriminatory price attached to the use of the
block bid option, and shows how this pricing
mechanism leads to efficient market outcomes and is
optimal for market participants
SSearch Publications


Elements of Regulatory Finance Workshop
A PURC workshop for FPSC commissioners, aides and
staff in October examined how the tools of finance are
used in decision-making by utility managers and by
regulators. Participants determined the time spent on
the various topics and concepts while the
presentations provided numerical examples illustrating
how cash flows affect project valuation and project

e Program Details

Basic Telecommunications Regulatory Training
Regulatory and telecommunications professionals in
the Turks and Caicos Islands examined
telecommunications technologies, telecommunications
operator practices, objectives and roles for regulatory
agencies, interconnection issues, and the basics of
radio spectrum management.
6 Program Details

PURC/IADB Benchmarking Workshop for Water Utilities
Utility managers, policy-makers, and regulators from
Central America Ilearned about sustainable and cost-
effective benchmarking procedures, and reviewed
resource allocation issues associated with water
utilities in Central American nations during a workshop
in Costa Rica.
e Find Out More...

Resources of interest

Dr. Sandy Berg calls to your attention these online
OA, Online Access to Research in the Environment,
enables developing nations to gain free access to its
large collections of environmental science literature.
AGORA, Access to Global Online Research in Agriculture,
offers online access to its digital collection at a
reduced-cost or no cost to developing nations.
As state-owned utilities gain experience with
benchmarking and improve their performance, they may
seek the endorsement of regulators for the issuance of
bonds. The Public-Private Infrastructure Advisory
Facility (PPIAF) has announced a three-year pilot, the
Sub-National Development Technical Assistance Proqram (PPIAF-SND), tO
help sub-national entities improve their
creditworthiness so they can access market-based
financing on their own account without sovereign
guarantees. The goal of this new program is to help
mobilize local capital for improvements in infrastructure
services and promote the development of local
financial markets.

Cross Link with PURC

Find the resources you need on the PURC web site. Add
a link from your site to our home page,
warrington.ufl.edu/purc, and we'll be happy to reciprocate with
a cross link!

The Gator Nation
We welcome Fulbright Visiting Scholar Dr. Iram Khan
from Pakistan. While at PURC, he plans to study utility
regulation, write research papers and develop e-
learning modules for the Body of Knowledqe on Infrastructure

Congratulations to PURC Research Associate Dr.
Hamilton Silva who received an award in economic
regulation for his paper, "Cost Efficiency in Periodic
Tariff Reviews: The Reference Utility Approach and the
Role of Interest Groups," from the Secretaria de
Acompanhamento Economico (SEAE) of Brazil's Ministry
of the Economy.
Congratulations to Mohamadou A. Saibou in Dakar,
Senegal on his new position as general director of ESMT,
a Centre of Excellence of the International
Telecommunication Union. International
Telecommunication Union. He is a graduate of the 22nd
PURC/World Bank International Traininq Proqram In lUne.
SMore Gator Nation News...

Send us your news.
O purcinfo @ warrington.ufl.edu

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