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International comparisons can be used to study relative efficiency of decision-making units in an industry in a wider context. In particular, cross-country comparisons can, help regulators of natural monopoly firms to assess the relative performance of their regulation regime and national firms...
Persistent link: https://www.econbiz.de/10005647510
Quality of service has emerged as an important issue in post-reform regulation of electricity distribution networks. Regulators have employed partial incentive schemes to promote cost saving, investment efficiency, and service quality. This paper presents a quality-incorporated benchmarking...
Persistent link: https://www.econbiz.de/10005650529
This paper studies the impact of divestiture on the efficiency and costs of electric utilities. The empirical literature shows that there exist economies of scope for electric utilities and that divestiture decreases distribution efficiency but increases generation efficiency. This paper is to...
Persistent link: https://www.econbiz.de/10008673578
The main aim of this paper is to develop an econometric approach to estimation of marginal costs of improving quality of service. We implement this methodology by way of applying it to the case of the UK electricity distribution networks. The estimated marginal costs allow us to shed light on...
Persistent link: https://www.econbiz.de/10008673579
This paper discusses some of the new and continuing ways in which the public sector is involved in the electricity / energy sector around the world. This involvement continues to be significant in spite of the longrunning trend towards privatisation, competition and independent regulation in the...
Persistent link: https://www.econbiz.de/10008673583
As global fuel reserves are depleted, alternative and more efficient forms of energy generation and delivery will be required. Combined Heat and Power with District Heating (CHP-DH) provides an alternative energy production and delivery mechanism that is less resource intensive, more energy...
Persistent link: https://www.econbiz.de/10008558553
The paper examines the financial costs of energy-efficiency and environmental policies that directly affect domestic electricity and gas bills in the UK over time. It also attempts for the first time to work out the current distributional impacts of these policies and others that act as income...
Persistent link: https://www.econbiz.de/10010699811
Benchmarking of electricity networks has a key role in sharing the benefits of efficiency improvements with consumers and ensuring regulated companies earn a fair return on their investments. This paper analyses the theory and practice of international benchmarking of electricity transmission by...
Persistent link: https://www.econbiz.de/10010699817
In recent years, a number of empirical studies and energy regulators have applied benchmarking techniques to measure the efficiency and performance of network utilities. An important issue has been the extent to which such results are influenced by contextual factors. Among these, weather...
Persistent link: https://www.econbiz.de/10005783779
Persistent link: https://www.econbiz.de/10005783821