traditions and is shown to apply well to electricity transmission pricing and investment. In particular, it induces immediately … optimal pricing/investment but is not based on subsidies. In the transmission application, the H-RG- V approach is based on a …

In the context of yardstick regulation with long-lived assets, the influence of heterogeneous investment cycles on the …-line) depreciation given heterogeneous investment and cost cycles will cause instantaneous yardstick levels below the long …

Electricity networks currently face massive investment requirements. This paper argues that, given the investment …). Errors in the outcomes of benchmarking will likely distort network investment and therefore the costs of doing it wrong are … benchmarking at all. Overall, facing massive investment requirements, it seems desirable to switch to a regulatory system with ex …

In the context of yardstick regulation with long-lived assets, the influence of investment cycles and thereof resulting … heterogeneous capital structures on the ability to recover capital is quite important. Investment decisions are based on whole … investment cycles of the infrastructure. It is shown in this article that variable lifetimes of assets may cause substantial …

In the context of yardstick regulation with long-lived assets, the influence of heterogeneous investment cycles on the …-line) depreciation-given heterogeneous investment and cost cycles will cause instantaneous yardstick levels below the long …

In the context of yardstick regulation with long-lived assets, the influence of investment cycles and thereof resulting … heterogeneous capital structures on the ability to recover capital is quite important. Investment decisions are based on whole … investment cycles of the infrastructure. It is shown in this article that variable lifetimes of assets may cause substantial …