Showing 1 - 10 of 128
This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a …
Persistent link: https://www.econbiz.de/10010492296
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with both cost-plus and revenue-cap regulations. After reviewing international experiences on transmission investment, we first make a qualitative assessment of the overall German...
Persistent link: https://www.econbiz.de/10011292834
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/10011436037
In diesem Aufsatz wird ein netzökonomisch fundiertes Konzept zur Entbünde-lung entwickelt, mit dem Ziel den verbleibenden Regulierungsbedarf in den geöffneten Netzsektoren aufzuzeigen. Dreh- und Angelpunkt der Entbündelung als regulatorisches Konzept ist die Schaffung einer transparenten...
Persistent link: https://www.econbiz.de/10003842048
Despite monopolistic networks and in contrast to all other EUmember states, the electricity supply industry in Germany is not ex ante regulated. Control of the sector is left to the cartel agency, which can apply the essential- facilities doctrine as an ex-post instrument. This paper analyses...
Persistent link: https://www.econbiz.de/10010490021
's implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional … specific heterogeneity. It should further include all institutional aspects of incentive regulation to design incentives that …
Persistent link: https://www.econbiz.de/10011373911
A shift from zonal pricing to smaller zones and nodal pricing improves efficiency and security of system operation. Resulting price changes do however also shift profits and surplus between and across generation and load. As individual actorscan lose, they might oppose any reform. We explore how...
Persistent link: https://www.econbiz.de/10010417445
market power on the remaining unbundling regulation is analyzed. Finally, the phasing-out potentials of unbundling regulation … provides particularly interesting insights for studying regulatory unbundling. Based on the theory of monopolistic bottle …-necks the fallacies of overregulation by undue unbundling obligations are indicated. Neither the promotion of infrastructure …
Persistent link: https://www.econbiz.de/10009157194
We discuss the implications of two price zones, i.e. one northern and southern bidding area, on the German electricity market. In the northern zone, continuous capacity additions with low variable costs cause large regional supply surpluses in the market dispatch while conventional capacity...
Persistent link: https://www.econbiz.de/10010479927
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10011553026