Incentive regulation in theory and practice : electricity distribution and transmission networks

Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed. General issues associated with applying these principles in practice are identified. Examples of the actual application of incentive regulation mechanisms to the regulation of prices and...

Full description

Bibliographic Details
Main Author: Joskow, Paul L.
Other Authors: Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
Format: Working Paper
Published: MIT Center for Energy and Environmental Policy Research 2009
Online Access:http://hdl.handle.net/1721.1/45044
_version_ 1826208829009821696
author Joskow, Paul L.
author2 Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
author_facet Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
Joskow, Paul L.
author_sort Joskow, Paul L.
collection MIT
description Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed. General issues associated with applying these principles in practice are identified. Examples of the actual application of incentive regulation mechanisms to the regulation of prices and service quality for "unbundled" transmission and distribution networks are presented and discussed. Evidence regarding the performance of incentive regulation in practice for electric distribution and transmission networks is reviewed. Issues for future research are identified.
first_indexed 2024-09-23T14:13:17Z
format Working Paper
id mit-1721.1/45044
institution Massachusetts Institute of Technology
last_indexed 2024-09-23T14:13:17Z
publishDate 2009
publisher MIT Center for Energy and Environmental Policy Research
record_format dspace
spelling mit-1721.1/450442019-04-12T09:56:14Z Incentive regulation in theory and practice : electricity distribution and transmission networks Joskow, Paul L. Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed. General issues associated with applying these principles in practice are identified. Examples of the actual application of incentive regulation mechanisms to the regulation of prices and service quality for "unbundled" transmission and distribution networks are presented and discussed. Evidence regarding the performance of incentive regulation in practice for electric distribution and transmission networks is reviewed. Issues for future research are identified. 2009-04-03T17:06:58Z 2009-04-03T17:06:58Z 2005 Working Paper 2005-014 http://hdl.handle.net/1721.1/45044 68717169 MIT-CEEPR (Series) ; 05-014WP. 94 p application/pdf MIT Center for Energy and Environmental Policy Research
spellingShingle Joskow, Paul L.
Incentive regulation in theory and practice : electricity distribution and transmission networks
title Incentive regulation in theory and practice : electricity distribution and transmission networks
title_full Incentive regulation in theory and practice : electricity distribution and transmission networks
title_fullStr Incentive regulation in theory and practice : electricity distribution and transmission networks
title_full_unstemmed Incentive regulation in theory and practice : electricity distribution and transmission networks
title_short Incentive regulation in theory and practice : electricity distribution and transmission networks
title_sort incentive regulation in theory and practice electricity distribution and transmission networks
url http://hdl.handle.net/1721.1/45044
work_keys_str_mv AT joskowpaull incentiveregulationintheoryandpracticeelectricitydistributionandtransmissionnetworks