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 …

. Inadequate regulation or political control lead to low prices that undermine the finance of investment and give poor incentives … for management and operation. The paper argues that regulation must be carefully designed to provide efficient incentives … benefit consumers. The paper discusses the evidence for these claims, the circumstances required for full unbundling and …