Template-Type: ReDIF-Article 1.0
Author-Name:  Thomas-Olivier Leautier
Title:  Regulation of an Electric Power Transmission Company
Classification-JEL: F0
Pages:  61-92
Volume:  Volume21
Issue:  Number 4
Year:  2000
Abstract:  Designing regulatory contracts for the operators of power transmission networks has become a critical policy issue in the United States. In this paper, a regulatory contract is proposed that induces network operators to optimally expand the grid, which is crucial for the emergence of efficient wholesale power markets, while also satisfying the other traditional regulatory objectives. The proposed mechanism is readily implementable, since it builds on a contract currently in place in England and Wales.
Handle: RePEc:aen:journl:2000v21-04-a03
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1351
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