resources such as electricity and gas that are not captured by market prices. Washington State possesses diverse resources that …

Driven by fear of underinvestment in network assets, merchant investment in electricity transmission networks (MTI) is …

This paper introduces strategic behavior of the electricity network operator in a congested network with imperfect … competition for generation. It models a two stage Stackelberg game. First, the network operator sets transmission prices, then … are compared numerically. The calibration of the numerical model is based on data of the Belgian electricity market. …

Abstract: This paper derives the socially optimal transmission prices in a congested electricity network when there is … illustrated with a numerical model based on the Belgian electricity data. …

Electricity transmission has emerged as critical for successfully liberalising power markets. This paper surveys the …

theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) pile up more costs in the year … used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly …

decisions of 109 electricity distribution companies operating in Germany in 2006-2012. We hypothesize that Germany …'s implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional …

In the EU electricity industry, many Vertically Integrated Utilities (VIUs) have ownership both of electricity … generators and of transmission, hence VIU-owned or allied generators often are bidders in auctions for VIU-owned transmission. In … more aggressive bidding by the allied bidder and that it does not make a difference whether transmission is legally …

-in-differences analysis, I show that U.S. states that adopt electricity market liberalization laws are subsequently fifteen to forty …

theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) incur higher costs when … subject to a lower powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …