Title :
Regulation in practice: Choice among regulatory Tools for the 11th international conference on the European energy market
Author :
Bougnouch, Mehdi ; Gautier, Axel
Author_Institution :
HEC Manage. Sch., Univ. of Liege (ULg), Liege, Belgium
Abstract :
In the European Union, each Member State has defined its own regulatory framework for electricity distribution. In this paper, we collect data on the regulation of electricity distribution for 24 European countries and we classify their regulatory method along two key dimensions: the cost-reimbursement rule (cost-recovery Vs. incentive regulation) and the cost-estimation rule (budget Vs. benchmark). We then look at the factors influencing the choice of a particular regulatory model.
Keywords :
power distribution; power markets; 11th International Conference; European Union; European countries; European energy market; cost-estimation rule; cost-recovery; cost-reimbursement rule; electricity distribution regulation; incentive regulation; Benchmark testing; Best practices; Economics; Educational institutions; Electricity; Europe; Regulators; Electricity distribution; Electricity market regulation; National energy regulator;
Conference_Titel :
European Energy Market (EEM), 2014 11th International Conference on the
Conference_Location :
Krakow
DOI :
10.1109/EEM.2014.6861244
