1. Introduction -- 2. Electricity distribution networks and decentralisation paradigm -- 3. The evolving role of distribution networks: from network operator to system operator to platform provider -- 4. Regulated charges for access to and utilisation of networks -- 5. Improving efficiency:...

Performance-based regulation (PBR) is influenced by the Bayesian and non-Bayesian incentive mechanisms. While Bayesian incentives are impractical, the insights from their properties can be combined with practical non-ayesian mechanisms for application to transmission pricing. This combination...

We examine the performance attributes of a merchant transmission investment framework that relies on market driven' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent set of assumptions, the merchant investment model...