The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …

associated with the X-factor in a price/revenue cap regulation and cost of capital, whilst at the same time increasing overall …

Regulatory authorities in the European electricity sector use benchmarking techniques to determine the cost …-efficient production level for an incentive regulation of distribution system operators (DSOs). With nearly 900 DSOs operating in the … German electricity sector, of which 200 subject to incentive regulation, the issue of heterogeneity of DSOs has to be …

with the welfare-maximum benchmark and cases of Transco with cost-plus regulation and no regulation. In all tested cases …

regulator Ofgem replaced its approach to energy network price control and incentive regulation with a Revenue … regulation model that be revised by the regulator. The lessons of experience from the RIIO models are also relevant for … regulators in other countries and can inform their design of incentive regulation of energy networks. …

In the context of yardstick regulation with long-lived assets, the influence of investment cycles and thereof resulting … problems of capital-recovery under an efficient firm standard yardstick regulation based on historic (straight …

To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …

subject to a lower powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …

used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly …

subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …