Similar Search Results

Power market design beyond 2020 : time to revisit key elements?

Neuhoff, Karsten; Rüster, Sophia; Schwenen, Sebastian - 2015

We revisit key elements of European power market design with respect to both short term operation and longer-term investment and re-investment choices. For short term markets, the European policy debate focuses on the definition of common interfaces, like for example gate closure time. We argue...

Persistent link: https://www.econbiz.de/10010488271

On distributive effects of optimal regulation for power grid expansion

Herrera, Luis Ángel; Rosellón, Juan - 2013

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

Power system transformation towards renewables : an evaluation of regulatory approaches for network expansion

Egerer, Jonas; Rosellón, Juan; Schill, Wolf-Peter - 2013

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

A welfare analysis of the electricity transmission regulatory regime in Germany

Kemfert, Claudia; Kunz, Friedrich; Rosellón, Juan - 2015

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

Regulation and investment incentives in electricity distribution : an empirical assessment

Cullmann, Astrid; Nieswand, Maria - 2015

'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 profit-maximizing approach for transmission expansion planning using a revenue-cap incentive mechanism

Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2015

with the welfare-maximum benchmark and cases of Transco with cost-plus regulation and no regulation. In all tested cases …

Persistent link: https://www.econbiz.de/10010519927

Financing power : impacts of energy policies in changing regulatory environments

May, Nils; Neuhoff, Karsten - 2017

Power systems with increasing shares of wind and solar power generation have higher capital and lower operational costs than traditional technologies. This increases the importance of the cost of finance for total system cost. We quantify how renewable policy design can influence cost of finance...

Persistent link: https://www.econbiz.de/10011746525

A simple regulatory incentive mechanism applied to electricity transmission pricing and investment

Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2017

The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …

Persistent link: https://www.econbiz.de/10011746784

Industrial demand response : how network tariffs and regulation do (not) impact flexibility provision in electricity markets and reserves

Richstein, Jörn C.; Hosseinioun, Seyed Saeed - 2020

demand response in these markets. We also model the effect of network tariffs and regulation on endogenous investment into …

Persistent link: https://www.econbiz.de/10012180829

Regulatory reform in the energy industry of post-Soviet countries : same name, different content

Wälde, Thomas W.; Hirschhausen, Christian R. von - 1997

This paper analyses the issues of regulatory reform in the energy industry of post- Soviet countries. We identify the characteristics of the transformation that these countries go through: it is the introduction of a) a new legal culture and b) a capitalist rationality of production in societies...

Persistent link: https://www.econbiz.de/10009668140