Title :
Benchmarking investments under price-cap regulation
Author :
Ajodhia, V.S. ; Olmos, L. ; Hakvoort, R.A.
Author_Institution :
Delft Univ. of Technol.
Abstract :
This paper develops a new methodology for evaluating the combined price and quality performance of new electricity network investments under price-cap regulation. The basic idea is to simulate a large number of possible network configurations and use these as the benchmark for evaluating the distribution firm´s own investment proposal. The results of a case study indicate that the network simulation tool may provide the regulator with valuable information regarding the preferred network characteristics for the given supply area
Keywords :
benchmark testing; investment; power distribution economics; pricing; distribution firms; electricity network investments; investment benchmarking; network simulation tool; price-cap regulation; Algorithm design and analysis; Appraisal; Cost function; Investments; Member and Geographic Activities Board committees; Power generation economics; Proposals; Regulators; Software tools; Timing; Economic regulation; benchmarking; investments; optimal networks; reliability;
Conference_Titel :
Future Power Systems, 2005 International Conference on
Conference_Location :
Amsterdam
Print_ISBN :
90-78205-02-4
DOI :
10.1109/FPS.2005.204264
