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The world's first multinational electricity market was formed with the creation of the Nordic power exchange, Nord Pool. We analyze the incentives to undertake transmission network investment in the context of the liberalized Nordic electricity market. Welfare improving investment in a...
Persistent link: https://www.econbiz.de/10011926087
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
This paper applies parametric and non-parametric and parametric tests to assess the efficiency of electricity distribution companies in Germany. We address traditional issues in electricity sector benchmarking, such as the role of scale effects and optimal utility size, as well as new evidence...
Persistent link: https://www.econbiz.de/10010296794
Deutschland abzuraten. Davon unberührt sollte die Einführung von stärker regionalisierten Preissignalen ("nodal pricing") sowohl … utilization of existing infrastructure applying so called congestion management becomes more important. Regional pricing might … supply and demand. So far, the German energy policy has taken a clear stand against regional pricing and favors the status …
Persistent link: https://www.econbiz.de/10010484691
We analyze the effects of an incentive based regulatory scheme with revenue caps on the investment behaviors and decisions of 109 electricity distribution companies operating in Germany in 2006-2012. We hypothesize that Germany's implementation of incentive regulation in 2009 has a negative...
Persistent link: https://www.econbiz.de/10011372119
utilization of existing infrastructure applying so called congestion management becomes more important. Regional pricing might … supply and demand. So far, the German energy policy has taken a clear stand against regional pricing and favors the status … pricing (i. e. nodal pricing) for Germany as well as Europe should be examined. Im Zug der Energiewende sind in den letzten …
Persistent link: https://www.econbiz.de/10011185740
The construction of a second Baltic Sea natural gas pipeline from Russia to Germany (Nord Stream 2) is very controversial for political, energy economic, and ecological reasons. The project owner and some European energy companies argue that it is a profitable, private-sector investment project...
Persistent link: https://www.econbiz.de/10011874776
Der Bau der zweiten Ostsee-Erdgaspipeline (Nord Stream 2) ist aus politischen, energiewirtschaftlichen und ökologischen Gründen sehr umstritten. Der Projektbetreiber und einige europäische Energieversorgungsunternehmen argumentieren, es handele sich um ein privatwirtschaftlich angelegtes,...
Persistent link: https://www.econbiz.de/10011874922
This paper provides a productivity analysis of German electricity distribution companies. It addresses both traditional issues in electricity sector benchmarking, such as the role of scale effects and optimal utility size, as well as new evidence specific to the situation in Germany. Regarding...
Persistent link: https://www.econbiz.de/10004963944
This paper applies parametric and non-parametric and parametric tests to assess the efficiency of electricity distribution companies in Germany. We address traditional issues in electricity sector benchmarking, such as the role of scale effects and optimal utility size, as well as new evidence...
Persistent link: https://www.econbiz.de/10009226127