coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …

policy debate on interconnector expansion and studies two particular points. First, the effects of network regulation on the …

challenges not only huge investment in grid expansion and smart grid technologies is required, but also the network regulation … period, X-factor, and allowed rate of return. We conclude that in the era of smart grids, incentive regulation requires a … and smart grid technologies. To do so, incentive regulation should be supplemented by more innovative, investment …