Similar Search Results

Use of Long-term Auctions for Network Investment

McDaniel, Tanga; Neuhoff, K. - Faculty of Economics, University of Cambridge - 2002

Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions. In our model the fraction of rights issued in the...

Persistent link: https://www.econbiz.de/10005113889

Stipulations, the consumer advocate and utility regulation in Florida

Littlechild, S. - Faculty of Economics, University of Cambridge - 2006

Relatively little is known about the practice of settlement rather than litigation in US utility regulation, or about … utility regulation generally, even outside the US context. …

Persistent link: https://www.econbiz.de/10005647373

Reference Models and Incentive Regulation of Electricity Distribution Networks: An Evaluation of Sweden’s Network Performance Assessment Model (NPAM)

Jamasb, T.; Pollitt, M. - Faculty of Economics, University of Cambridge - 2007

The world-wide electricity sector reforms have led to a search for alternative and innovative approaches to regulation … regulation models based on efficiency benchmarking of the electricity network utilities. While most regulators have opted adopted … used in regulation of distribution networks in Sweden and compares these with those of frontier-based benchmarking methods …

Persistent link: https://www.econbiz.de/10005647375

Does Competition Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency

Markiewicz, K.; Rose, N.L.; Wolfram, C. - Faculty of Economics, University of Cambridge - 2004

This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry restructuring. Restructuring programs adopted by many U.S. states made utilities residual claimants to cost savings and increased their exposure to competitive markets. We...

Persistent link: https://www.econbiz.de/10005647381

Electricity transmission: an overview of the current debate

Brunekreeft, G.; Neuhoff, K.; Newbery, D. - Faculty of Economics, University of Cambridge - 2004

Electricity transmission has emerged as critical for successfully liberalising power markets. This paper surveys the issues currently under discussion and provides a framework for the remaining papers in this issue. We conclude that signalling the efficient location of generation investment...

Persistent link: https://www.econbiz.de/10005647407

Electricity Market Reform in the European Union: Review of progress towards liberalisation and integration

Jamasb, T.; Pollitt, M. - Faculty of Economics, University of Cambridge - 2004

some aspects of market design and regulation that are crucial for dynamic performance of a single European market. …

Persistent link: https://www.econbiz.de/10005647417

Incentive Regulation of Electricity Distribution Networks: Lessons of Experience from Britain

Jamasb, T.; Pollitt, M. - Faculty of Economics, University of Cambridge - 2007

This paper reviews the recent experience of the UK electricity distribution sector under incentive regulation. The UK … has a significant and transparent history in implementing incentive regulation in the period since 1990. We demonstrate … incentive regulation of networks within the wider reform context, the required legislative framework, the need for appropriate …

Persistent link: https://www.econbiz.de/10005647450

Using regulatory benchmarking techniques to set company performance targets: the case of US electricity

Nillesen, P.; Pollitt, M.G. - Faculty of Economics, University of Cambridge - 2008

on effort, costs and environmental conditions. Our approach using the parallel with regulation incorporates issues such …

Persistent link: https://www.econbiz.de/10005647475

A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems

Twomey, P.; Green, R.; Neuhoff, K.; Newbery, D. - Faculty of Economics, University of Cambridge - 2005

The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing definitions, strategies and methods of mitigating market power we examine the various methods of detecting market power that have been employed...

Persistent link: https://www.econbiz.de/10005647499

The Spanish Electricity Industry: Plus ça change …

Crampes, C.; Fabra, N. - Faculty of Economics, University of Cambridge - 2005

regulatory reform, which did not succeed in introducing effective competition, but retained an opaque regulation which has been …

Persistent link: https://www.econbiz.de/10005647500