Seven outstanding issues in energy network regulation

Darryl Biggar

Energy Economics, 2022, vol. 115, issue C

Abstract: Despite many decades of experience with the theory and practice of energy network regulation, a number of outstanding issues remain to be resolved. This paper sets out a list of outstanding issues and suggests a possible way forward for each. The issues canvassed include matters related to distribution network pricing, the economic foundation of public utility regulation, the regulation of non-commercial enterprises, the coordination of transmission and generation investment, the handling of uncertainty in the regulatory process, the estimation of cost of capital, and the design of incentive mechanisms. It is hoped this list of issues will inspire a new generation of researchers to tackle important questions in public utility regulation.

Keywords: Distribution LMP; Sunk investment; Non-commercial enterprises; Building block model; Regulation under uncertainty; WACC (search for similar items in EconPapers)
JEL-codes: K23 L51 L94 L95 L97 L98 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:115:y:2022:i:c:s0140988322004807

DOI: 10.1016/j.eneco.2022.106351

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