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Efficiency and productivity analysis is a central concept in incentive-based regulation of network utilities. However … adjustment of capital stock or production capacity, is problematic under incentive regulation with ex-post regulatory treatment …, regulated revenue. This paper analyses the dynamic behaviour of inefficiency for a balanced panel of 128 Norwegian electricity …
Persistent link: https://www.econbiz.de/10010949354
The absence of one broadly accepted design template for liberalised electricity markets induces regulatory competition … accelerate or impede the move to one standard market design in the electricity sector. It reveals that market design convergence … the Florence School of Regulation. In contrast, the United States' Federal Energy Regulatory Commission lacks support …
Persistent link: https://www.econbiz.de/10005212024
In order to achieve overall economic efficiency, incentive regulation of electricity distribution utilities must … signals to generation and load connected to the network. This paper is concerned with the latter aspect of regulation. The …
Persistent link: https://www.econbiz.de/10005647483
issues and lessons for best practice implementation of benchmarking in electricity regulation. …Since the early 1980’s, many countries have implemented electricity sector reform, many of which have bundled … increasing number of countries are also adopting incentive regulation to promote efficiency improvement in the natural monopoly …
Persistent link: https://www.econbiz.de/10005113770
This paper aims at highlighting the Commission's approach towards the relation between sector specific regulation and … relation between sector regulation and competition law. Our intention is to offer a basis for comparison and counterarguments … American- and open to third parties, system for access to facilities. Futhermore, we note that recent regulation - Third Energy …
Persistent link: https://www.econbiz.de/10013069619
Die Zunahme von Netzengpässen durch dezentrale Erzeuger erfordert eine aktive regulatorische Beanreizung von Maßnahmen des Engpassmanagements (EPM) als Alternative zum konventionellen Netzausbau. Gleichzeitig soll der Kostenanstieg mittels Effizienzanreizen begrenzt werden. Für die geplante...
Persistent link: https://www.econbiz.de/10012671208
Persistent link: https://www.econbiz.de/10011689933
could not find any evidence that (ownership) unbundling and incentive regulation affect R&D expenditures of the utilities. …&D spending of electricity utilities. Building on a panel data set including the biggest European utilities from eight EU … of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and …
Persistent link: https://www.econbiz.de/10010337284
sector regulation and objectives as a context within the process of implementation of competition law in the energy sector … and third, we will investigate how sector regulation in energy sector incorporates competition law principles and affirms … combined with the need for effectiveness and focus on other than competition objectives of sector regulation and we will result …
Persistent link: https://www.econbiz.de/10013134857
In the EU electricity industry, many Vertically Integrated Utilities (VIUs) have ownership both of electricity …
Persistent link: https://www.econbiz.de/10012724805