In the context of yardstick regulation with long-lived assets, the influence of investment cycles and thereof resulting … problems of capital-recovery under an efficient firm standard yardstick regulation based on historic (straight …

To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …

analyses, which were based on simplifying assumptions. We show that a combined merchant-regulatory regulation, which draws on a … out to be relatively large compared to extension costs. -- Electricity ; Regulation ; Transmission Expansion ; Wind Power …

the real-time market. The paper also characterizes a regulation that implements the efficient outcome. …

Electricity distribution operators are regulated as monopolies around the world. Incentive regulation is further … applied to relate their allowed revenues (revenue cap) to cost efficiency and investment. Incentive regulation varies cross … distributors by incentive regulation. Using the long time series data, we evaluated the impact of the Norwegian regulation regimes …

analyses, which were based on simplifying assumptions. We show that a combined merchant-regulatory regulation, which draws on a …

To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …

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 …

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 …