analyses, which were based on simplifying assumptions. We show that a combined merchant-regulatory regulation, which draws on a …

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

settings. We find that incentive regulation may perform better than cost-based regulation but only when appropriate weights are …. Thus, our analysis provides motivation for further research in order to characterize optimal regulation for transmission …

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 …

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 …

analyses, which were based on simplifying assumptions. We show that a combined merchant-regulatory regulation, which draws on a … out to be relatively large compared to extension costs. -- Electricity ; Regulation ; Transmission Expansion ; Wind Power …

settings. We find that incentive regulation may perform better than cost-based regulation but only when appropriate weights are …. Thus, our analysis provides motivation for further research in order to characterize optimal regulation for transmission …

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