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Accounting for and finance of generation investment
Newbery, D. - Faculty of Economics, University of Cambridge - 2008
the main cause of under-pricing, although inflation in a period of excess capacity can amplify such under-pricing. It … recognised in the regulated pricing structure. …
Persistent link: https://www.econbiz.de/10005783742
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Transmission Policy in the United States
Joskow, P.L. - Faculty of Economics, University of Cambridge - 2004
This paper provides an overview of the development of electric power transmission access, pricing and investment …-liberalisation transmission access and pricing policies, the prevailing basic transmission access and pricing rules contained in Orders 888 and … Standard Market Design (SMD) proposal. PJM’s market rules and transmission pricing, planning and investment policies are …
Persistent link: https://www.econbiz.de/10005489323
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The bird in hand: stipulated settlements and electricity regulation in Florida
Littlechild, S. - Faculty of Economics, University of Cambridge - 2007
In the last two decades many major regulatory issues in Florida have been resolved by means of stipulated settlements between the utilities and interested parties, notably the Office of Public Counsel, instead of by the traditional method of hearings and litigation before the Public Services...
Persistent link: https://www.econbiz.de/10005489325
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The Role of Distribution Network Operators in Promoting Cost-Effective Distributed Generation: Lessons from the United States for Europe
Anaya, Karim L.; Pollitt, Michael G. - Faculty of Economics, University of Cambridge - 2014
We explore the different competitive mechanisms applied by electric utilities from the USA in promoting cost-effective Distribution Generation (DG) resources and the challenges that they face due to the increase in DG connections. Case studies from California, Oregon, Colorado and New York are...
Persistent link: https://www.econbiz.de/10011262880
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The benefits of integrating European electricity markets
Newbery, David; Strbac, Goran; Viehoff, Ivan - Faculty of Economics, University of Cambridge - 2015
The European Commission’s Target Electricity Model aims to integrate EU electricity markets. This paper estimates the potential benefit to the EU of coupling interconnectors to increase the efficiency of trading day-ahead, intra-day and sharing balancing services efficiently across borders....
Persistent link: https://www.econbiz.de/10011265353
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Issues and Options in the Economic Regulation of European Network Security
Jamasb, Tooraj; Nepal, Rabindra - Faculty of Economics, University of Cambridge - 2014
Incentive regulation needs to adapt to the emerging changes in the operating environment of the electricity networks and take into account the security of these. This paper assesses the current issues and options in economic regulation of network security across the European electricity systems....
Persistent link: https://www.econbiz.de/10010817472
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Distributed Generation Storage, Demand Response, and Energy Efficiency as Alternatives to Grid Capacity Enhancement
Poudineh, Rahmatallah; Jamasb, Tooraj - Faculty of Economics, University of Cambridge - 2013
The need for investment in capital intensive electricity networks is on the rise in many countries. A major advantage of distributed resources is their potential for deferring investments in distribution network capacity. However, utilizing the full benefits of these resources requires...
Persistent link: https://www.econbiz.de/10010737344
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Finding the Optimal Approach for Allocating and Realising the Distribution System Capacity: Decidng between Interruptible Connections and Firm DG Connections.
Anaya, Karim L.; Pollit, Michael C. - Faculty of Economics, University of Cambridge
The aim of this study is to perform a cost benefit analysis of the different options for connecting distributed generation (DG) customers in a specific constrained area (the March Grid), under the context of the Flexible Plug and Play trial. The study shows the importance of the development of...
Persistent link: https://www.econbiz.de/10010790548
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Dynamic Efficiency and Incentive Regulation: An Application to Electricity Distribution Networks
Poudineh, Rahmatallah; Emvalomatis, Grigorios; Jamasb, … - Faculty of Economics, University of Cambridge - 2014
Efficiency and productivity analysis is a central concept in incentive-based regulation of network utilities. However, the efficiency measures obtained from benchmarking predominantly reflect short term performance and hence, provide only a snapshot of the firm's path towards its long run...
Persistent link: https://www.econbiz.de/10010949354
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Incentive Regulation and Utility Benchmarking for Electricity Network Security
Jamasb, Tooraj; Nepal, Rabindra - Faculty of Economics, University of Cambridge - 2014
The incentive regulation of costs related to physical and cyber security in electricity networks is an important but relatively unexplored and ambiguous issue. These costs can be part of a cost efficiency benchmarking or alternatively dealt separately. This paper discusses the issues and...
Persistent link: https://www.econbiz.de/10010949355