Showing 1 - 10 of 212
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
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
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
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
This study explores and quantifies the benefits of connecting more distributed generation (with and without the use of smart connections) across different parties (Distribution Network Operators, wider society and generators). Different connection scenarios are proposed (with partial and full...
Persistent link: https://www.econbiz.de/10011249368
Since 2008 UK energy regulator Ofgem has imposed increasingly severe restrictions on suppliers to the domestic (residential) retail market. Initially, non-discrimination conditions aimed to “remove unfair price differentials”, particularly between suppliers’ prices between regions,...
Persistent link: https://www.econbiz.de/10011252607
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
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
Economists acknowledge the problems of regulated transmission but take different views about the likely efficiency of merchant transmission. This paper examines the evidence on alleged market failure and regulatory failure as experienced in practice in Australia and Argentina. In these examples,...
Persistent link: https://www.econbiz.de/10009352235
issue of pricing access to the system and how system operation costs are paid for. Then, we look at the evolving role of …
Persistent link: https://www.econbiz.de/10009274607