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. …

. Regulation, however, that adversely affects the incumbent directly, like ownership unbundling, decreases aggregate investment … trade-off between vertical economies and competition in a regulated industry, the electricity industry. We show for 16 … European countries over the period 1998–2008 that higher electricity end-user prices in a country subsequently lead to larger …

This paper examines the regulation of distribution system operators (DSOs) focused on the Czech electricity market. It …

We develop a theoretical model of long-run investment decisions on capacity in the context of a liberalized electricity … absence of any regulation, private investment decisions on capacity unambiguously lead to a socially sub-optimal outcome, and …

The German energy industries will be subjected to regulation of network access enforced by a sector-specific regulator …. Whereas the gas industry broke the regime of negotiated third party access, in electricity nTPA ‘worked’, although it clearly … resulted in a margin squeeze. The government currently discusses whether to use rate-of-return or incentive regulation, to …

aftermath of the energy sector inquiry. Most of them have already been settled under Article 9 of the EC Regulation 1/2003 and … price manipulation in the German electricity wholesale market. In spite of no convincing evidence and flaws in the …

industries, notably electricity and gas, have lagged behind schedule. Price distortions and the absence of independent ... …