Showing 1 - 10 of 11
-based regulation to strengthen the necessary investment incentives. Regulatory emphasis is shifting from costreductions to promoting …
Persistent link: https://www.econbiz.de/10010423164
The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our research mainly relies on in-depth interviews with sector-experts from the German utilities. We will discuss both short-term changes and the long-term impact on competition in the...
Persistent link: https://www.econbiz.de/10010423531
coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
requirements, (international) benchmarking is not an adequate tool for the regulation of transmission system operators (TSO … high. The paper discusses options to reduce the weight of benchmarking in TSO regulation and options that do not rely on …
Persistent link: https://www.econbiz.de/10010423684
policy debate on interconnector expansion and studies two particular points. First, the effects of network regulation on the …
Persistent link: https://www.econbiz.de/10011797725
This paper presents an approach for resilience incentives in the regulation of electricity network operators … system. The resilience regulation proposed in this paper contains two complementary parts. First, a resilience incentive …
Persistent link: https://www.econbiz.de/10014283721
This paper contributes a theoretical analysis of the effects of different types of regulation on the timing of monopoly … base, we distinguish between price-based regulation and cost-based regulation. Under cost-based regulation, investment … triggers a change of regulated prices, whereas, under price-based regulation, investment does not affect them. To motivate …
Persistent link: https://www.econbiz.de/10010423694
CAPEX-bias occurs when the OPEX solution is the more efficient approach, but regulation sets distorted incentives to choose …
Persistent link: https://www.econbiz.de/10013257402
The factor X in the RPI-X regulation aims to adjust price or revenue allowances to changes in total factor productivity …
Persistent link: https://www.econbiz.de/10012022610
challenges not only huge investment in grid expansion and smart grid technologies is required, but also the network regulation … period, X-factor, and allowed rate of return. We conclude that in the era of smart grids, incentive regulation requires a … and smart grid technologies. To do so, incentive regulation should be supplemented by more innovative, investment …
Persistent link: https://www.econbiz.de/10012195755