Showing 1 - 10 of 4,247
'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
The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our research mainly relies on in-depth interviews with sector-experts from the German utilities. We will discuss both short-term changes and the long-term impact on competition in the...
Persistent link: https://www.econbiz.de/10010423531
Accounting for network operators' heterogeneity is of crucial importance for regulators. In contrast to observed heterogeneity, the consideration of unobserved differences is far more challenging. Most estimation models try to account for unobserved factors that impact the network operators'...
Persistent link: https://www.econbiz.de/10012628860
incentive regulation and efficiency benchmarking in electricity distribution industries and provides valuable insights for …
Persistent link: https://www.econbiz.de/10012423420
This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a …
Persistent link: https://www.econbiz.de/10010492296
subject to a lower powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …
Persistent link: https://www.econbiz.de/10012899944
45 %. -- Electricity ; Balancing Power ; Regulation …
Persistent link: https://www.econbiz.de/10009356428
-world applicability of results compared to previous analyses. We show that a combined merchant-regulatory regulation, which draws upon a …
Persistent link: https://www.econbiz.de/10011427575
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
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/10013018268