Increasing complexity in electricity regulation: to whose benefit?

Risultato della ricerca: Contributo in rivistaArticolo in rivistapeer review

Abstract

After a short description of the evolution of incentive regulation, this paper explores some of the issues that have arisen with its implementation in the electricity sector both in the UK and Italy. It illustrates the challenge facing a regulator in implementing an incentive mechanism under imperfect information, and focuses on some distortions emerging as a result of the design of the incentive scheme itself.
Lingua originaleEnglish
pagine (da-a)1-23
Numero di pagine23
RivistaEUROPEAN REVIEW OF INDUSTRIAL ECONOMICS AND POLICY
Volume2011/2
Stato di pubblicazionePubblicato - 2011

Keywords

  • electricity
  • regulation

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