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with the welfare-maximum benchmark and cases of Transco with cost-plus regulation and no regulation. In all tested cases …
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-world applicability of results compared to previous analyses. We show that a combined merchant-regulatory regulation, which draws upon a …
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settings. We find that incentive regulation may perform better than cost-based regulation but only when appropriate weights are …. Thus, our analysis provides motivation for further research in order to characterize optimal regulation for transmission …
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In the context of yardstick regulation with long-lived assets, the influence of heterogeneous investment cycles on the …
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dynamic generation settings. Through application in a stylized two-node network, we find that incentive regulation may perform … motivates further research aimed to characterize optimal regulation for transmission expansion in the context of renewable …
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