theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) pile up more costs in the year … used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly …

theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) incur higher costs when … subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …

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 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 …

of market power may lead to increased markups. We use a detailed dataset on electricity transactions to investigate the … impact of market-based deregulation in the context of the U.S. electricity sector. We find that the increase in markups …

buildings, among others.In developed countries, electricity is increasingly important for small end-consumers as their … consumption per capita is several-folder higher than developing countries2. Consequently, the final price of electricity is a … most vulnerable consumers. Lastly, many countries consider electricity as an essential good and have specific rules aimed …

We estimate the welfare implications of a cost-reflective 'Coasian' reform of electricity network tariffs using an …

Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed …

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