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Power system transformation towards renewables : an evaluation of regulatory approaches for network expansion
Egerer, Jonas; Rosellón, Juan; Schill, Wolf-Peter - 2013
dynamic generation settings. Through application in a stylized two-node network, we find that incentive regulation may perform … motivates further research aimed to characterize optimal regulation for transmission expansion in the context of renewable …
Persistent link: https://www.econbiz.de/10009771877
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A simple regulatory incentive mechanism applied to electricity transmission pricing and investment
Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2017
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …
Persistent link: https://www.econbiz.de/10011746784
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On distributive effects of optimal regulation for power grid expansion
Herrera, Luis Ángel; Rosellón, Juan - 2013
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 …
Persistent link: https://www.econbiz.de/10010189844
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Merger remedies and bargaining power in the coffee market
Delaprez, Yann; Guignard, Morgane - 2024
This paper analyzes a merger of large manufacturers with divestiture in the French coffee market. In contrast to previous approaches used to study the effects of upstream divestitures on prices and welfare, we model the vertical market structure. First, our results show that the standard policy...
Persistent link: https://www.econbiz.de/10014561412
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A dynamic incentive mechanism for transmission expansion in electricity networks : theory, modeling, and application
Rosellón, Juan; Weigt, Hannes - 2010
terms of financial transmission rights. Our mechanism applies the incentive-regulation logic of rebalancing a two … transmission expansion ; incentive regulation …
Persistent link: https://www.econbiz.de/10003975634
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Long-run cost functions for electricity transmission
Rosellón, Juan; Vogelsang, Ingo; Weigt, Hannes - 2010
-world transmission expansion. -- Electricity transmission ; cost function ; incentive regulation ; merchant investment ; congestion …
Persistent link: https://www.econbiz.de/10003975635
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Network expansion to mitigate market power : how increased integration fosters welfare
Zerrahn, Alexander; Huppmann, Daniel - 2014
Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. This work proposes a three-stage...
Persistent link: https://www.econbiz.de/10010349254
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Network expansion to mitigate market power : how increased integration fosters welfare
Zerrahn, Alexander; Huppmann, Daniel - 2014 - Revised version, August 21, 2014
Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. In this work, we investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. To this end, we...
Persistent link: https://www.econbiz.de/10012041103
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A profit-maximizing approach for transmission expansion planning using a revenue-cap incentive mechanism
Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2015
with the welfare-maximum benchmark and cases of Transco with cost-plus regulation and no regulation. In all tested cases …
Persistent link: https://www.econbiz.de/10010519927
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Mandatory Unbundling and Irreversible Investment in Telecom Networks
Pindyck, Robert S. - 2021
This paper addresses the impact on investment incentives of the network sharing arrangements mandated by the Telecommunications Act of 1996, with a focus on the implications of irreversible investment. Although the goal is to promote competition, the sharing rules now in place reduce incentives...
Persistent link: https://www.econbiz.de/10013247857