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settings. We find that incentive regulation may perform better than cost-based regulation but only when appropriate weights are …. Thus, our analysis provides motivation for further research in order to characterize optimal regulation for transmission …
Persistent link: https://www.econbiz.de/10011885485
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
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with both cost-plus and revenue-cap regulations. After reviewing international experiences on transmission investment, we first make a qualitative assessment of the overall German...
Persistent link: https://www.econbiz.de/10011292834
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …
Persistent link: https://www.econbiz.de/10011746784
settings. We find that incentive regulation may perform better than cost-based regulation but only when appropriate weights are …. Thus, our analysis provides motivation for further research in order to characterize optimal regulation for transmission …
Persistent link: https://www.econbiz.de/10011376028
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
-world applicability of results compared to previous analyses. We show that a combined merchant-regulatory regulation, which draws upon a …
Persistent link: https://www.econbiz.de/10011427575
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
-world transmission expansion. -- Electricity transmission ; cost function ; incentive regulation ; merchant investment ; congestion …
Persistent link: https://www.econbiz.de/10003975635
Persistent link: https://www.econbiz.de/10011325809