Showing 1 - 10 of 299
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with …
Persistent link: https://www.econbiz.de/10013018268
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator's objective function into the firm's profit-maximizing objective. These mechanisms come in two forms, one based on subsidies/taxes, the other based on constraints/price caps. In spite of a...
Persistent link: https://www.econbiz.de/10012932120
We apply a merchant transmission model to the trilateral market coupling (TLC) arrangement among the Netherlands, Belgium and France as a generic example, and note that it can be applied to any general market splitting or coupling of Europe's different national power markets. In this merchant...
Persistent link: https://www.econbiz.de/10013141041
Electricity transmission pricing and transmission grid expansion have received increasing regulatory and analytical attention in recent years. Since electricity transmission is a very special service with unusual characteristics, such as loop flows, the approaches have been largely tailor-made...
Persistent link: https://www.econbiz.de/10013141078
We propose a price-cap mechanism for electricity-transmission expansion based on redefining transmission output in terms of financial transmission rights. Our mechanism applies the incentive-regulation logic of rebalancing a two-part tariff. First, we test this mechanism in a three-node network....
Persistent link: https://www.econbiz.de/10014193436
in Germany and Poland. None of the hypotheses on its own can explain the "gridlock". However, while financing has not …
Persistent link: https://www.econbiz.de/10014145728
spill-over from the banking sector to the real economy in Germany …
Persistent link: https://www.econbiz.de/10013158582
discuss selected policy efforts by the United States of America and Germany with a focus on less-developed storage …, and flywheels, Germany has a stronger focus on bulk seasonal storage that may aid the integration of variable renewables …, may provide useful models for Germany. The U.S., on the other hand, may look to Germany's institutions as inspiration for …
Persistent link: https://www.econbiz.de/10013062645
This paper looks into various models that address strategic behavior in the supply of gas by the Mexican monopoly Pemex. The paper has three very strong technical results. First, the netback pricing rule for the price of domestic natural gas (based on a Houston benchmark price) leads to...
Persistent link: https://www.econbiz.de/10014044897
We employ a detailed two-stage model to simulate the operation of the Central Eastern European electricity market and network. Implementing different cases of coordination in congestion management between national transmission system operators, numerical results show the beneficial impact of...
Persistent link: https://www.econbiz.de/10012998816