It is puzzling today to explain both the diversity and the rationale of regulators' practice vis-à-vis network monopolies. We argue that two fundamental characteristics should be considered when defining the most appropriate regulatory tools. First, it is the bounded endowment of regulators set...

This paper proposes a support mechanism for energy storage devices for island power systems where intermittent renewable generation is rapidly growing. We base our proposal on the maturity level of storage devices (Chen and al., 2009) and on the linear model for the development of innovations...

The introduction of competition into the electricity industry, organized a long time around a vertical integrated monopoly reveals problems of coordination which it is possible to treat by the appropriate combination of economic tools. The stake in terms of coordination of the electricity...

This paper evaluates the opportunity and efficiency to introduce a two-part tariff to coordinate the location of power plants with lumpy transmission investments. Nodal pricing sends the short run component of such a two-part tariff and we study the case where the average participation tariff...

This paper first reviews some of the main contributions of the new institutional economics to the analysis of the process of competitive transformation of network industries. It shows that neoinstitutional analysis is complementary to the microeconomics of rational pricing, since it accounts for...

This paper analyses the organisation of coordination between generation and transmission in a liberalized power system. We rely on a modular analysis framework in order to split in distinct modules the coordination mechanisms. In a logic of institutional complementarities, the governance...

Our article presents the dynamics of the work of North between 1990 and 2005. We show that, taking into account bounded rationality and ideologies, his last work introduces cognition into the institutional analysis and opens a new research agenda aiming to better determining the behaviour of the...

This paper evaluates the opportunity and efficiency to introduce a two-part tariff to coordinate the location of power plants with lumpy transmission investments. Nodal pricing sends the short run component of such a two-part tariff and we study the case where the average participation tariff...

It is puzzling today to explain both the diversity and the rationale of regulators' practice vis-à-vis network monopolies. We argue that two fundamental characteristics should be considered when defining the most appropriate regulatory tools. First, it is the bounded endowment of regulators set...