WACC for Electric Power Transmission System Operators: The Case of Colombia

In emerging countries, energy service users generally pay high rates of return to transmission system operators (TSOs). One of the causes of this situation is the application of the CAPM with the comparable beta method when estimating the cost of equity in the WACC. The purpose of this article is to...

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Bibliographic Details
Main Authors: Jorge Armando Bedoya-Cadavid, Ángela María Lanzas-Duque, Harold Salazar
Format: Article
Language:English
Published: MDPI AG 2023-01-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/2/964