The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …" to "fat legal unbundling"; additional steps beyond that are small, both in benefits and in costs. Second, the benefits of …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … empirical evidence that unbundling eliminates economies of vertical integration while empirical evidence on price reducing …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … empirical evidence that unbundling eliminates economies of vertical integration while empirical evidence on price reducing …

application of antitrust law to industries under the scope of sectoral regulation. Second, the preferred unbundling method … promote and protect competition in electricity and gas markets. This is done by imposing rules regarding the ‘unbundling’: the … imposed TPA and the different unbundling models. The contribution shows that both regimes have pursued a similar policy …

involved players. Mainstream economists suggest that unbundling of both the transmission (TX) network and the interconnections … compared to costs of unbundling (Kaserman and Mayo, 1991; Kwoka, 2002). Recent literature underlines that net effect is … empirical analysis to evaluate whether, and to what extent, unbundling measures are related to the increase of grid investments …

utilities (VIUs) on the introduction of ownership unbundling, suggesting three different interpretative keys: the “pure pro …

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 …

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 …

This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a …