An efficient grid infrastructure is a prerequisite for speeding up the integration of renewable energies into the electricity supply. As such, the German government's energy concept agreed in autumn 2010 is pursuing the right approach. However, while the establishment of a European supergrid is...

The informationally simple approach to incentive regulation applies mechanisms that translate the regulator's objective function into the firm's profit-maximizing objective. These mechanisms come in two forms, one based on subsidies/taxes, the other based on constraints/price caps. In spite of a...

Self-supply can destabilize the finance of a distribution network. This paper analyses under which circumstances the tariff structure of a distribution network is stable or unstable under pressure of self-supply and provides recommendation how to change the tariff structure to restore stability...