In the context of yardstick regulation with long-lived assets, the influence of heterogeneous investment cycles on the ability to recover capital is found to be important. The application of efficient firm standards based on historic (straight-line) depreciation given heterogeneous investment...

In the context of yardstick regulation with long-lived assets, the influence of investment cycles and thereof resulting heterogeneous capital structures on the ability to recover capital is quite important. Investment decisions are based on whole investment cycles of the infrastructure. It is...

In the second half of the 1980s, several electricity companies in developed countries incorporated the automation of the reads of the consumption meters installed in their customers' premises. Adoption of that approach was driven in all the cases by the need to lower the significant costs of...

The rapid increase in South African electricity prices in the past eight years has been overseen by a proactive, policy-oriented regulator, NERSA. Regulatory governance theory proposes that regulation is most effective when the roles of different organisations are clearly defined. While the laws...