Showing 1 - 10 of 118
This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry restructuring. Restructuring programs adopted by many U.S. states made utilities residual claimants to cost savings and increased their exposure to competitive markets. We...
Persistent link: https://www.econbiz.de/10005647381
Investment in electricity networks, as regulated natural monopolies, is among the highest regulatory and energy policy … under incentive regulation. This study analyses the determinants of investment in Norwegian electricity distribution …
Persistent link: https://www.econbiz.de/10010729016
Stabilization Plans holding incumbent utility prices below cost since 2006. In the Ohio gas sector, rate regulation has not …
Persistent link: https://www.econbiz.de/10005113881
The need for investment in capital intensive electricity networks is on the rise in many countries. A major advantage of distributed resources is their potential for deferring investments in distribution network capacity. However, utilizing the full benefits of these resources requires...
Persistent link: https://www.econbiz.de/10010737344
Efficiency and productivity analysis is a central concept in incentive-based regulation of network utilities. However … adjustment of capital stock or production capacity, is problematic under incentive regulation with ex-post regulatory treatment …
Persistent link: https://www.econbiz.de/10010949354
In 2003, the UK `liberalised' its telephone directory enquiries service with the aim of introducing competition so as to improve quality and lower costs. Unfortunately the results did not match expectations. Proliferation of numbers led to consumer confusion and high price firms with no...
Persistent link: https://www.econbiz.de/10005647421
In order to achieve overall economic efficiency, incentive regulation of electricity distribution utilities must … signals to generation and load connected to the network. This paper is concerned with the latter aspect of regulation. The …
Persistent link: https://www.econbiz.de/10005647483
the potential for cost efficiency improvement in the networks through incentive regulation aided by benchmarking and … between investments and cost efficiency in the context of incentive regulation with ex-post regulatory treatment of … impact efficiency” as a revenue-neutral efficiency effect of investment under incentive regulation which makes a firm …
Persistent link: https://www.econbiz.de/10010700211
increasing number of countries are also adopting incentive regulation to promote efficiency improvement in the natural monopoly … activities - transmission and distribution. Incentive regulation almost invariably involves benchmarking or comparison of actual … vs. some reference performance. This paper reviews the main approaches to incentive regulation and discusses various …
Persistent link: https://www.econbiz.de/10005113770
The paper looks at the development of the industry in the post-Soviet Russia, starting from the early 1990s. The main focus is on the last reform 2003-11 and the relationship of cost, prices and investment. In particular, the author examines the new designs for the electricity and capacity...
Persistent link: https://www.econbiz.de/10010737346