Showing 1 - 10 of 22
On both sides of the Atlantic the regulation of gas transmission networks has undergone major changes since the early 1990’s. Whereas in the US the long-standing regime of cost-plus regulation was complemented by increasing pipe-to-pipe competition, most European countries moved towards...
Persistent link: https://www.econbiz.de/10005207828
In order to overcome the incentive of excessive maintenance reductions and insufficient network investments in incentive regulation of electricity distribution companies, regulators throughout Europe have started regulating quality of service in the energy sector. In this paper, we discuss the...
Persistent link: https://www.econbiz.de/10005068278
There are two difficulties in doing an objective evaluation of the performance of decision-making units (DMUs). The first one is how to treat undesirable outputs jointly produced with the desirable outputs, and the second one is how to treat uncontrollable variables, which often capture the...
Persistent link: https://www.econbiz.de/10005647448
. Regulators have employed partial incentive schemes to promote cost saving, investment efficiency, and service quality. This paper …/99. We calculate technical efficiency of the utilities using Data Envelopment Analysis technique and productivity change over … service quality and that efficiency scores of cost-only models do not show high correlation with those of quality-based models …
Persistent link: https://www.econbiz.de/10005650529
Due to a shortage of data and increased international mergers, national energy regulators are looking to international benchmarking analyses for help in setting price controls within incentive regulation. We present an international benchmarking study of 63 regional electricity distribution...
Persistent link: https://www.econbiz.de/10005783738
the efficiency and performance of network utilities. An important issue has been the extent to which such results are … utilities. The weather parameters in some models are significant in terms of economic efficiency. After excluding network length …
Persistent link: https://www.econbiz.de/10005783779
increasing number of countries are also adopting incentive regulation to promote efficiency improvement in the natural monopoly …
Persistent link: https://www.econbiz.de/10005113770
Efficiency analysis of electricity distribution networks is often limited to technical or cost efficiency measures … generally not part of the analysis. A regulatory concern is that technical efficiency can be achieved at the expense of these … measures as well as allocative efficiency. Valuation of service quality for inclusion in regulatory models is particularly …
Persistent link: https://www.econbiz.de/10005113807
The objective of this paper is to inform the debate on how efficiency targets for Network Rail (formerly Railtrack … other UK regulated industries. Three efficiency measurement techniques are applied to this data (DEA; COLS; SFA). Our … efficiency differences suggest that the company could make significant savings in future years by applying (its own) best …
Persistent link: https://www.econbiz.de/10005113822
assessment of the efficiency of the Brazilian distribution sector relative to its U.S. counterpart in 1994 and 2000. Two … statistically significant impact of Brazilian privatisation on technical efficiency. For the models that use total costs, the impact …
Persistent link: https://www.econbiz.de/10005113844