Options for Electricity Transmission Regulation in Australia

Options for Electricity Transmission Regulation in Australia
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澳大利亚电力传输监管的选择

DOI:
10.1111/1467-8462.00144
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发表时间:
2000
影响因子:
1
通讯作者:
Stephen P. King
Stephen P. King
中科院分区:
经济学4区
文献类型:
--
作者:
J. Gans;Stephen P. King

文献摘要

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目前正在审查澳大利亚电力传输网络的上网定价。已经提出了几种选择,包括基于节点定价和输电权合同分配的选择。由于输电的大部分边际成本都是通过批发电价来收回的,因此我们关注监管和投资激励这一关键问题。我们发现,目前的选择是不太可能是足够的,在鼓励社会最佳水平和新的传输投资的时间。作为替代方案,我们提出了一个监管计划,根据Sappington和Sibley的相关想法,可以克服这个问题。我们的计划可能会产生第一个最好的结果,并随时适用于目前的体制结构,在澳大利亚的电力市场。
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.