Options for Electricity Transmission Regulation in Australia
Options for Electricity Transmission Regulation in Australia
复制标题
澳大利亚电力传输监管的选择
DOI:
10.1111/1467-8462.00144
复制
发表时间:
2000
影响因子:
1
通讯作者:
Stephen P. King
中科院分区:
文献类型:
--
作者:
J. Gans;Stephen P. King
The pricing of access to electricity transmission networks in Australia is currently under review. Several options have been proposed including those based on nodal pricing and the assignment of transmission rights contracts. As most of the marginal costs of transmission are recovered through wholesale electricity prices we focus on the key issue of regulation and investment incentives. We find that current options are unlikely to be adequate in terms of encouraging socially optimal levels and timing of new transmission investment. As an alternative, we propose a regulatory scheme, based on a related idea by Sappington and Sibley that can overcome this problem. Our scheme can potentially generate first best results and is readily applicable given the current institutional structure of electricity markets in Australia.