Showing 1 - 10 of 201
dynamic generation settings. Through application in a stylized two-node network, we find that incentive regulation may perform … motivates further research aimed to characterize optimal regulation for transmission expansion in the context of renewable …
Persistent link: https://www.econbiz.de/10009771877
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
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …
Persistent link: https://www.econbiz.de/10011746784
Persistent link: https://www.econbiz.de/10001568931
To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …
Persistent link: https://www.econbiz.de/10010189844
This paper analyzes a merger of large manufacturers with divestiture in the French coffee market. In contrast to previous approaches used to study the effects of upstream divestitures on prices and welfare, we model the vertical market structure. First, our results show that the standard policy...
Persistent link: https://www.econbiz.de/10014561412
terms of financial transmission rights. Our mechanism applies the incentive-regulation logic of rebalancing a two … transmission expansion ; incentive regulation …
Persistent link: https://www.econbiz.de/10003975634
-world transmission expansion. -- Electricity transmission ; cost function ; incentive regulation ; merchant investment ; congestion …
Persistent link: https://www.econbiz.de/10003975635
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