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Power system transformation towards renewables : an evaluation of regulatory approaches for network expansion
Egerer, Jonas; Rosellón, Juan; Schill, Wolf-Peter - 2013
dynamic generation settings. Through application in a stylized two-node network, we find that incentive regulation may perform … motivates further research aimed to characterize optimal regulation for transmission expansion in the context of renewable …
Persistent link: https://www.econbiz.de/10009771877
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A welfare analysis of the electricity transmission regulatory regime in Germany
Kemfert, Claudia; Kunz, Friedrich; Rosellón, Juan - 2015
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with both cost-plus and revenue-cap regulations. After reviewing international experiences on transmission investment, we first make a qualitative assessment of the overall German...
Persistent link: https://www.econbiz.de/10011292834
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A simple regulatory incentive mechanism applied to electricity transmission pricing and investment
Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2017
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …
Persistent link: https://www.econbiz.de/10011746784
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On distributive effects of optimal regulation for power grid expansion
Herrera, Luis Ángel; Rosellón, Juan - 2013
To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …
Persistent link: https://www.econbiz.de/10010189844
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A profit-maximizing approach for transmission expansion planning using a revenue-cap incentive mechanism
Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2015
with the welfare-maximum benchmark and cases of Transco with cost-plus regulation and no regulation. In all tested cases …
Persistent link: https://www.econbiz.de/10010519927
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Regulation and investment incentives in electricity distribution : an empirical assessment
Cullmann, Astrid; Nieswand, Maria - 2015
's implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional … specific heterogeneity. It should further include all institutional aspects of incentive regulation to design incentives that …
Persistent link: https://www.econbiz.de/10011373911
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Power market design beyond 2020 : time to revisit key elements?
Neuhoff, Karsten; Rüster, Sophia; Schwenen, Sebastian - 2015
We revisit key elements of European power market design with respect to both short term operation and longer-term investment and re-investment choices. For short term markets, the European policy debate focuses on the definition of common interfaces, like for example gate closure time. We argue...
Persistent link: https://www.econbiz.de/10010488271
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German nuclear phase-out policy : effects on European electricity wholesale prices, emission prices, conventional power plant investments and eletricity trade
Traber, Thure; Kemfert, Claudia - 2012
The German decision to finally phase-out nuclear electricity has led to a debate on its effects on electricity prices, emission prices in the European emission trading system, as well as on international electricity trade. We investigate these effects with a Electricity market model for Europe...
Persistent link: https://www.econbiz.de/10009579310
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The unemployment impact of product and labour market regulation : evidence from European countries
Piton, Céline; Rycx, François - 2018
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large set of covariates, results show that product market...
Persistent link: https://www.econbiz.de/10011871988
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The role of regulation and regional government quality for high growth firms : the good, the bad, and the ugly
Amoroso, Sara; Herrmann, Benedikt; Kritikos, Alexander - 2023
High growth firms (HGFs) are important for job creation and considered to be precursors of economic growth. We investigate how product- and labor-market regulations, as well as the quality of regional governments that implement these regulations, affect HGF development across European regions....
Persistent link: https://www.econbiz.de/10014384415