Showing 1 - 9 of 9
This paper provides an overview of the development of electric power transmission access, pricing and investment …-liberalisation transmission access and pricing policies, the prevailing basic transmission access and pricing rules contained in Orders 888 and … Standard Market Design (SMD) proposal. PJM’s market rules and transmission pricing, planning and investment policies are …
Persistent link: https://www.econbiz.de/10005489323
Driven by fear of underinvestment in network assets, merchant investment in electricity transmission networks (MTI) is now legally allowed. Given that MTI is a real possibility, regulators face a new set of questions. After classifying different types of MTI, the paper raises and analyses...
Persistent link: https://www.econbiz.de/10005489362
The 1990s witnessed a worldwide trend toward electricity sector reforms in developed and developing economies. These reforms have generally been based on private participation, regulatory reform, and competition in the sector. This paper reviews and draws lessons from the reform experience in...
Persistent link: https://www.econbiz.de/10005272588
. Inadequate regulation or political control lead to low prices that undermine the finance of investment and give poor incentives … for management and operation. The paper argues that regulation must be carefully designed to provide efficient incentives …
Persistent link: https://www.econbiz.de/10005113808
The world-wide electricity sector reforms have led to a search for alternative and innovative approaches to regulation … regulation models based on efficiency benchmarking of the electricity network utilities. While most regulators have opted adopted … used in regulation of distribution networks in Sweden and compares these with those of frontier-based benchmarking methods …
Persistent link: https://www.econbiz.de/10005647375
Electricity transmission has emerged as critical for successfully liberalising power markets. This paper surveys the issues currently under discussion and provides a framework for the remaining papers in this issue. We conclude that signalling the efficient location of generation investment...
Persistent link: https://www.econbiz.de/10005647407
some aspects of market design and regulation that are crucial for dynamic performance of a single European market. …
Persistent link: https://www.econbiz.de/10005647417
This paper reviews the recent experience of the UK electricity distribution sector under incentive regulation. The UK … has a significant and transparent history in implementing incentive regulation in the period since 1990. We demonstrate … incentive regulation of networks within the wider reform context, the required legislative framework, the need for appropriate …
Persistent link: https://www.econbiz.de/10005647450
The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing definitions, strategies and methods of mitigating market power we examine the various methods of detecting market power that have been employed...
Persistent link: https://www.econbiz.de/10005647499