Nätnyttomodellens regleringsprincip – En kritisk analys med fokus på samhällsekonomisk effektivitet på kort och lång sikt

Björn Lantz
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Björn Lantz: Department of Business Administration, School of Economics and Commercial Law, Göteborg University, Postal: Box 640, SE 405 30 Göteborg, Sweden

No 2003-398, FE rapport from University of Gothenburg, Department of Business Administration

Abstract: The Swedish Energy Agency is currently developing a performance assessment model for grid companies. The model relates total revenue to a standard cost based on a fictitious grid. This paper discusses a major theoretical disadvantage of this regulation principle, i.e. that the short and long term perspective is mixed. The result may be that a regulated actor compensates short term inefficiency with long term inefficiency. By measuring short and long term efficiency separately, this paper shows how this disadvantage easily can be eliminated.

Keywords: Electricity distribution; regulation theory; efficiency (search for similar items in EconPapers)
Pages: 22 pages
Date: 2003-05-02
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