This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a … network industries like telecommunications, electricity and railways and has sparked off a controversy in the literature. The …. The insights are applied to the electricity supply industry in Germany. …

This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The … upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously … Transco funds its transmission investment costs by collecting merchandising surplus and charging a fixed fee to consumers. The …

This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a … network industries like telecommunications, electricity and railways and has sparked off a controversy in the literature. The …. The insights are applied to the electricity supply industry in Germany. …

The increasing share of renewables in the electricity system results in congestion on all network levels. To address …

interests considered by utilities and regulators will not solve other problems embedded in traditional utility regulation, a …

Real life applications of yardstick regulation frequently refer to historical cost data. While yardstick regulation … profit through abstinence from slack in (infinitely) many periods arises. A ratchet effect that yardstick regulation was …

Real life applications of Yardstick Regulation frequently refer to historical cost data. While Yardstick Regulation … Yardstick Regulation was meant to overcome can occur and firms can realize positive rents because of the use of historical cost …

This paper shows how scale economies affect welfare-maximizing regulation and regulated firms' investment behavior … economies of scale, and above them otherwise. Despite quantity regulation raising the average cost of building capacity, price …