This paper studies the pricing incentives of a monopolist constrained by a revenue cap endogenously determined by her costs in a so-called base year. Such regulation is employed, among others, to govern electricity distribution operators in Germany. We show that the revenue cap may incentivize...

Adequate extension of electricity transmission networks is required for integrating fluctuating renewable energy sources, such as wind power, into electricity systems. We study the performance of different regulatory approaches for network expansion in the context of realistic demand patterns...

We analyze various regulatory regimes for electricity transmission investment in the context of a transformation of the power system towards renewable energy. We study distinctive developments of the generation mix with different implications on network congestion, assuming that a shift from...

Contents -- Introduction -- Part I Incentive regulation: aligning the interests of the operators with the interests of their customers -- 1. The British reference model / Vincent Rious and Nicolò Rossetto -- 2. Continental incentive regulation / Vincent Rious and Nicolò Rossetto -- Part II...