Summary

In the restructured electricity markets networks remain regulated while generation is exposed to competition. In the first case the incentives for capital investments are function of the regulation imposed by the regulatory authorities. Differently in the case of generation no explicit price control applies, however the regulators may monitor generation adequacy and establish additional market and tariff based incentives to encourage new investments in the sector. The report provides conceptual framework, describes experiences in several countries and derives practical conclusions in relation to regulatory arrangements to encourage investments in network infrastructure and electricity generation. The conceptual work is supported by an empiric survey for several countries from different continents using a questionnaire.

Additional informations

Publication type Technical Brochures
Reference 565
Publication year 2014
Publisher CIGRE
Study committees Electricity markets and regulation (C5)
Working groups WG C5.10
File size 2 MB
Pages number 118
Price for non member 220 €
Price for member Free
REGULATORY INCENTIVES FOR  CAPITAL INVESTMENTS IN ELECTRICITY SYSTEMS
REGULATORY INCENTIVES FOR CAPITAL INVESTMENTS IN ELECTRICITY SYSTEMS