Showing 1 - 10 of 94
Electricity systems are increasingly characterized by distributed generation technologies, e.g. rooftop photovoltaic systems, which are used by end consumers to directly produce electricity. Additionally, empirical evidence suggests that electricity retailers exercise market power in many...
Persistent link: https://www.econbiz.de/10011860186
. -- natural gas ; networks ; regulation ; ownership unbundling ; panel data … empirically analyse the effect of ownership unbundling of gas transmission networks as the strongest form of vertical separation … avoid the endogeneity problem and to estimate the long-run effects of regulation. We introduce a set of regulatory …
Persistent link: https://www.econbiz.de/10009743234
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
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
Liberalization of network industries frequently separates the network from the other parts of the industry. This is important in particular for the electricity industry where private firms invest into generation facilities, while network investments usually are controlled by regulators. We...
Persistent link: https://www.econbiz.de/10010190802
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …
Persistent link: https://www.econbiz.de/10011746784
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
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
Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. This work proposes a three-stage...
Persistent link: https://www.econbiz.de/10010349254