DocumentCode
502571
Title
Investment incentives in the context of revenue cap regulation
Author
Maeding, Sandra
Author_Institution
Vattenfall Europe Distribution Berlin GmbH/ Technical University of Clausthal- Germany
fYear
2009
fDate
8-11 June 2009
Firstpage
1
Lastpage
4
Abstract
In this paper an evaluation of investments in the context of revenue cap regulation is presented. The influence of a pure RPI-X regulation on the internal rate of return (IRR) is analysed in a first model. A second approach considers the impact of the behaviour of other market participants by means of game theory. Both methods show several negative effects on the IRR and increasing constraints on investments in case of uncertainty.
fLanguage
English
Publisher
iet
Conference_Titel
Electricity Distribution - Part 1, 2009. CIRED 2009. 20th International Conference and Exhibition on
Conference_Location
Prague, Czech Republic
ISSN
0537-9989
Print_ISBN
978-1-84919126-5
Type
conf
Filename
5256055
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