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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/18838
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Vogelsang, Ingo | | en_US |
| dc.date.accessioned | | 2009-01-28T15:53:14Z | | - |
| dc.date.available | | 2009-01-28T15:53:14Z | | - |
| dc.date.issued | | 2005 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/18838 | | - |
| dc.description.abstract | | Performance-based regulation (PBR) is influenced by the Bayesian and non-Bayesian incentive mechanisms. While Bayesian incentives are impractical, the insights from their properties can be combined with practical non-Bayesian mechanisms for application to transmission pricing. This combination suggests an approach based on the distinction between ultra-short, short and long periods. Ultra-short periods are marked by real-time pricing of point-to-point transmission services. Pricing in short periods involves fixed fees and adjustments via price-cap formulas or profit sharing. Productivity-enhancing incentives have to be tempered by long-term commitment considerations, so that profit sharing may dominate pure price caps. Investment incentives require long-term adjustments based on rate-of-return regulation with a ?used and useful? criterion. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | CESifo working papers 1474 | | en_US |
| dc.subject.jel | | L5 | | en_US |
| dc.subject.jel | | L9 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.stw | | Stromtarif | | en_US |
| dc.subject.stw | | Stromnetz | | en_US |
| dc.subject.stw | | Netzzugang | | en_US |
| dc.subject.stw | | Unternehmensregulierung | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Electricity transmission pricing and performance-based regulation | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 488945666 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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