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Inefficiency persistence and heterogeneity in Colombian electricity distribution utilities
Galán, Jorge E.; Pollitt, Michael G. - Faculty of Economics, University of Cambridge - 2014
The electricity reform in Colombia has exhibited gains in terms of reliability but its effects on firms efficiency and service quality have not been clear. Previous studies evaluating the performance of distribution companies after the reform have not found evidence of improvements, although...
Persistent link: https://www.econbiz.de/10010817474
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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
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Investment and Efficiency under Incentive Regulation: The Case of the Norwegian Electricity Distribution Networks
Poudineh, Rahmatallah; Jamasb, Tooraj - Faculty of Economics, University of Cambridge - 2013
the potential for cost efficiency improvement in the networks through incentive regulation aided by benchmarking and … between investments and cost efficiency in the context of incentive regulation with ex-post regulatory treatment of … impact efficiency” as a revenue-neutral efficiency effect of investment under incentive regulation which makes a firm …
Persistent link: https://www.econbiz.de/10010700211
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Dynamic Efficiency and Incentive Regulation: An Application to Electricity Distribution Networks
Poudineh, Rahmatallah; Emvalomatis, Grigorios; Jamasb, … - Faculty of Economics, University of Cambridge - 2014
Efficiency and productivity analysis is a central concept in incentive-based regulation of network utilities. However … adjustment of capital stock or production capacity, is problematic under incentive regulation with ex-post regulatory treatment …
Persistent link: https://www.econbiz.de/10010949354
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Productivity and Efficiency of US Gas Transmission Companies: A European Regulatory Perspective
Jamasb, T.; Pollitt, M.G.; Triebs, T. - Faculty of Economics, University of Cambridge - 2008
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 incentive regulation complemented by market integration. We study the impact of …
Persistent link: https://www.econbiz.de/10005207828
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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
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Does Weather Have an Impact on Electricity Distribution Efficiency? Evidence from South America
Anaya, Karim L.; Pollitt, Michael G. - Faculty of Economics, University of Cambridge - 2014
This paper analyses the influence of weather variables on the efficiency of electricity distribution utilities in Argentina, Brazil, Chile and Peru. The data covers 82 firms that operate in the previously mentioned countries which represent more than 90 per cent of the distribution market of...
Persistent link: https://www.econbiz.de/10010949352
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The Process of Negotiating Settlements at FERC
Littlechild, S. - Faculty of Economics, University of Cambridge - 2011
Interstate gas pipelines and their customers presently settle about 90% of the rate cases set for hearing before the Federal Energy Regulatory Commission (FERC). In recent years, the median time for negotiating settlements and having them approved is about 11 months, compared to several years to...
Persistent link: https://www.econbiz.de/10009024908
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The Hunter Valley Access Undertaking: elements of a negotiated settlement
Bordignon, S.; Littlechild, S. - Faculty of Economics, University of Cambridge - 2012
On 29 June 2011 the Australian Competition and Consumer Commission (ACCC) accepted an access undertaking from Australian Rail Track Corporation (ARTC) in relation to the Hunter Valley rail network. The ACCC encouraged ARTC and its users (principally coal producers) to discuss and negotiate the...
Persistent link: https://www.econbiz.de/10010699823
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Determinants of Investment under Incentive Regulation: The Case of Norwegian Electricity Distribution Networks
Poudineh, R.; Jamasb, T. - Faculty of Economics, University of Cambridge - 2013
under incentive regulation. This study analyses the determinants of investment in Norwegian electricity distribution …
Persistent link: https://www.econbiz.de/10010729016