The European Union is attempting to develop a common energy policy, despite many difficulties in the past and current uncertainties. This book examines the evolution of energy policy in a number of European states, analysing the similarities and differences in approach across the Union. In...

In this discussion paper I review and discuss the main economic and technical issues affecting the Regulatory WACC assessment in the sector of regulated utilities. I focus on three main compelling issues (the estimation of the risk-free rate, the treatment of risky debt, the calculation of the...