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We present a hybrid mechanism application for the electrical system network expansion in Mexico, United States and Canada. The application is based on redefining the transmission output in terms of "point-to-point" transactions or financial transmission rights (FTRs); rebalancing the fixed and...
Persistent link: https://www.econbiz.de/10008695085
This paper presents an application of a mechanism that provides incentives to promote transmission network expansion in the electricity system of the Ontario province. Such a mechanism combines a merchant approach with a regulatory approach. It is based on the rebalancing of a two-part tariff...
Persistent link: https://www.econbiz.de/10008695099
Electricity transmission has become the pivotal industry segment for electricity restructuring. Yet, little is known about the shape of transmission cost functions. Reasons for this can be a lack of consensus about the definition of transmission output and the complexitity of the relationship...
Persistent link: https://www.econbiz.de/10008533246
This paper examines the Hogan-Rosellón-Vogelsang (2007) (HRV) incentive mechanism for transmission expansion, and tests it for different network topologies. This new mechanism is based upon redefining transmission output in terms of point-to-point transactions or financial transmission rights...
Persistent link: https://www.econbiz.de/10008533254
We study the impact of different regulatory contracts of electricity companies on their dividend policy. Using a panel of 106 publicly traded European electric utilities in the period 1986-2011 we link dividend pay-out and smoothing ratios to the implementation of different regulatory mechanisms...
Persistent link: https://www.econbiz.de/10011112738
Fixed telephony has long been a fundamentally important market for European telecommunications operators. The …
Persistent link: https://www.econbiz.de/10011259890
Many companies have reduced greenhouse gas emissions and gone paperless, shrunk packaging and eliminated hazardous substances from their products. They also have dramatically reduced the amount of water and energy they consume and the amount of waste they produce. They have attracted highly...
Persistent link: https://www.econbiz.de/10011265901
To select one of several products (or to buy nothing) is a daily decision. Its foundations vary from one person to another and are based on perceptions, preferences, and other criteria. The standard theoretical perspective conveys that people choose options with the highest net benefit. However,...
Persistent link: https://www.econbiz.de/10009223361
One of the consequences of major regulatory reform of the telecommunications sector from the end of the 1970s … former national telecommunications monopolies to expand internationally. From the 1990s, a number of these firms … explores how the regulatory framework within which telecommunications incumbents evolved over the long-term helped shape their …
Persistent link: https://www.econbiz.de/10009283796
This essay concerns the ways in which public services – particularly household services such as communications, energy, water and transportation – have been regulated and deregulated, and analyses what consequences this has for users and citizens. Much of the deregulation of public services...
Persistent link: https://www.econbiz.de/10009283800