Price Regulation for Independent Transmission Companies
Price Regulation for Independent Transmission Companies
复制标题
独立输电公司的价格监管
DOI:
10.1023/a:1011103328722
复制
发表时间:
2001
影响因子:
1.1
通讯作者:
I. Vogelsang
中科院分区:
文献类型:
--
作者:
I. Vogelsang
This paper considers methods of price structure regulation of electricity transmission in the context of an independent transmission company (TRANSCO). The focus is on two-part tariffs where the variable part would reflect congestion charges (and ancillary services) while the fixed part would reflect capacity costs. The two-part tariffs form a price-cap index, and the firm could rebalance prices, as long as the index satisfies the price-cap constraint. The firm would then have incentives to trade off congestion against capacity expansion in such a way that it becomes profitable to expand, whenever the costs of congestion on average exceed the costs of expansion. However, with chained Laspeyres weights in the price-cap index expansion may be suboptimal. We therefore discuss ways to improve the expansion factor. Implementing the regulatory schemes considered suggests a hybrid approach combining a TRANSCO with an independent system operator (ISO).