Similar Search Results

Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion

Hogan, William W. - 2010

more specific but still general incentive regulation literature. An exception has been Vogelsang (2001), who postulated … the incentive-regulation hypothesis (regulatory approach). An independent system operator (ISO) could handle the actual … dispatch and operational pricing. The transmission firm is regulated through benchmark or price regulation to provide long …

Persistent link: https://www.econbiz.de/10013141078

An Exploration of Factors Influencing Cost Inefficiency in Swedish Electricity Distribution using Stochastic Frontier Analysis

Söderberg, Magnus - 2008

Benchmarks based on cost frontiers have become increasingly popular as a way to regulate electricity distribution utilities. There has been an extensive research focus on how to estimate the level of inefficiency, but only limited investigation of which factors influence inefficiency. If the...

Persistent link: https://www.econbiz.de/10014222743

Unbundling of electricity transmission system operators in Germany : an experience report

Brunekreeft, Gert; Goto, Mika; Meyer, Roland; Maruyama, … - 2014

The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our research mainly relies on in-depth interviews with sector-experts from the German utilities. We will discuss both short-term changes and the long-term impact on competition in the...

Persistent link: https://www.econbiz.de/10010423531

On the role of international benchmarking of electricity transmission system operators facing significant investment requirements

Brunekreeft, Gert - 2012

requirements, (international) benchmarking is not an adequate tool for the regulation of transmission system operators (TSO … high. The paper discusses options to reduce the weight of benchmarking in TSO regulation and options that do not rely on …

Persistent link: https://www.econbiz.de/10010423684

Inefficiency persistence and heterogeneity in Colombian electricity distribution utilities

Galán, Jorge E.; Pollitt, Michael G. - Faculty of Economics, University of Cambridge - 2014

The electricity reform in Colombia has exhibited gains in terms of reliability but its effects on firms efficiency and service quality have not been clear. Previous studies evaluating the performance of distribution companies after the reform have not found evidence of improvements, although...

Persistent link: https://www.econbiz.de/10010817474

Inefficiency persistence and heterogeneity in Colombian electricity utilities

Galán, Jorge E.; Pollitt, Michael G. - In: Energy Economics 46 (2014) C, pp. 31-44

The electricity reform in Colombia has exhibited gains in terms of reliability but its effects on firm efficiency and service quality have not been clear. Previous studies evaluating the performance of distribution companies after the reform have not found evidence of improvements, although...

Persistent link: https://www.econbiz.de/10011115884

Foreign investment regulation and firm productivity : granular evidence from Indonesia

Genthner, Robert; Kis-Katos, Krisztina - 2018

regulation, we find robust evidence of declining foreign capital shares in sectors subject to restrictions on foreign direct … spillovers of regulation that propagate throughout the value chain. …

Persistent link: https://www.econbiz.de/10011821048

Monopoly regulation through cost-based revenue caps employing a base year approach

Gräper, Gerrit; Mankat, Fabian - 2024

costs in a so-called base year. Such regulation is employed, among others, to govern electricity distribution operators in …. A connected set of price caps exists so that a hybrid regulation consisting of any element in this set and the cost …

Persistent link: https://www.econbiz.de/10014476154

Optimal Sliding Scale Regulation: An Application to Regional Electricity Distribution in England and Wales

Hawdon, David; Hunt, Lester; Levine, Paul L; Rickman, Neil - C.E.P.R. Discussion Papers - 2005

This paper examines optimal price (i.e. ‘sliding scale’) regulation of a monopoly when efficiency and managerial effort … are not observed. We show how to operationalize this model of incentive regulation and use actual data from electricity … distribution in England and Wales to make welfare comparisons of sliding scale regulation with a price cap regime and the First …

Persistent link: https://www.econbiz.de/10005792004

Optimal sliding scale regulation: An application to regional electricity distribution in England and Wales

Hawdon, David; Hunt, Lester C; Levine, Paul; Rickman, Neil - Surrey Energy Economics Centre (SEEC), School of Economics - 2005

This paper examines optimal price (i.e. ‘sliding scale’) regulation of a monopoly when productivity and managerial … effort are not observed. We show how to operationalise this model of incentive regulation and use actual data from … electricity distribution in England and Wales to make welfare comparisons of sliding scale regulation with a stylised price cap …

Persistent link: https://www.econbiz.de/10005557912