Incentive regulation for networks has been an important part of the reform agenda in a number of countries. As part of this regulatory process, incentives are put in place to improve the cost efficiency of network companies by rewarding good performance relative to a pre-defined benchmark. The...

This paper examines the choice, in electricity and gas systems, between having an independent system operator (ISO) and an independent transmission system operator (ITSO). Both optimise the operation of the system in real time. However ISOs do not own any electricity transmission wires or gas...

The aim of this paper is to discuss the period of energy privatisation and liberalisation which began in the 1980s within its wider historical context. The key issues are what has been learned from this recent period, and how significant is it in the light of an energy transition to low carbon...

Benchmarking of electricity networks has a key role in sharing the benefits of efficiency improvements with consumers and ensuring regulated companies earn a fair return on their investments. This paper analyses and contrasts the theory and practice of international benchmarking of electricity...

In this paper we use a best practice index constructed from the survey responses of regulators in 40 countries to explore the determinants of the methods used in electricity network regulation. Drawing from the incentive regulation and institutional economics literature, we construct an...

This study explores different practices for accelerating the integration of generating facilities to the electricity network using smart solutions. Case studies from Great Britain, Republic of Ireland and Northern Ireland, and the Unites States of America were selected. The paper assesses and...