A Welfare Analysis of the Electricity Transmission Regulatory Regime in Germany
A Welfare Analysis of the Electricity Transmission Regulatory Regime in Germany
复制标题
德国输电监管制度的福利分析
DOI:
10.2139/ssrn.2639116
复制
发表时间:
2015
期刊:
影响因子:
--
通讯作者:
Juan Rosellón
中科院分区:
文献类型:
--
作者:
C. Kemfert;F. Kunz;Juan Rosellón
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with both cost-plus and revenue-cap regulations. After reviewing international experiences on transmission investment, we first make a qualitative assessment of the overall German regime. The German TSOs have in general incentives to overinvest and inefficiently inflate costs. We further develop two models to analyze the transmission planning process. In the first model there is no trade-off between transmission expansion and generation dispatch. This is a modeling set-up similar to the one actually used in the German transmission planning (Netzentwicklungsplan). A second model alternatively allows for such a trade-off, and thus represents an optimal way of transmission network planning. Simulations with the two models are carried out and compared so as to illustrate the amount of excessive transmission capacity investment and welfare losses associated with the current regime.