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Auctions to gas transmission access: The British experience
McDaniel, Tanga; Neuhoff, K. - Faculty of Economics, University of Cambridge - 2002
conclude that where there is competition at entry terminals auctions have been successful with respect to anticipating spot … prices, capturing producer rents and reducing the costs of alleviating network constraints. Moreover, auctions are more …
Persistent link: https://www.econbiz.de/10005783790
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Auctions and trading in energy markets -- an economic analysis
Newbery, D.; McDaniel, Tanga - Faculty of Economics, University of Cambridge - 2002
Auctions are playing an increasingly prominent role in the planning and operation of energy markets. Comparing the New … of using auctions to replace regulation by market solutions for managing the natural monopolies in energy markets. …
Persistent link: https://www.econbiz.de/10005783778
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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 …-term auctions for transmission capacity are not necessarily preferable to regulatory approved capacity expansion. …
Persistent link: https://www.econbiz.de/10005113889
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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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Distributed Generation versus Centralised Supply: a Social Cost-Benefit Analysis
Gullì, F. - Faculty of Economics, University of Cambridge - 2003
This paper attempts to verify whether we are moving towards a new paradigm of the network energy industry (electricity and natural gas), based on a wide decentralisation of the energy supply. We do this by comparing the social benefits of decentralised and centralised models, simulating...
Persistent link: https://www.econbiz.de/10005783767
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The bird in hand: stipulated settlements and electricity regulation in Florida
Littlechild, S. - Faculty of Economics, University of Cambridge - 2007
In the last two decades many major regulatory issues in Florida have been resolved by means of stipulated settlements between the utilities and interested parties, notably the Office of Public Counsel, instead of by the traditional method of hearings and litigation before the Public Services...
Persistent link: https://www.econbiz.de/10005489325
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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...
Persistent link: https://www.econbiz.de/10005207828
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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 the activities of consumer advocates. This paper presents evidence from Florida. During 1976-2002, over 30 per cent of earnings reviews were settled by stipulations involving the...
Persistent link: https://www.econbiz.de/10005647373
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Negotiated Settlements: The development of economic and legal thinking
Doucet, J.; Littlechild, S. - Faculty of Economics, University of Cambridge - 2006
The Federal Power Commission pioneered the use of negotiated settlements in the early 1960s as a means of coping with an increased workload and backlog. Legal scholars have emphasized the importance of settlements in coping with the regulatory load, and in saving time and money, albeit with some...
Persistent link: https://www.econbiz.de/10005650531
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Antitrust Analysis for the Internet Upstream Market: a BGP Approach
D’Ignazio, A.; Giovannetti, E. - Faculty of Economics, University of Cambridge - 2005
In this paper we study concentration in the European Internet upstream access market. Measurement of market concentration depends on correctly defining the market, but this is not always possible as Antitrust authorities often lack reliable pricing and traffic data. We present an alternative...
Persistent link: https://www.econbiz.de/10005647379