Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10488026 | Utilities Policy | 2005 | 12 Pages |
Abstract
Merchant investment in electricity transmission networks (MTI) is now legally allowed. Predominantly driven by the fear of underinvestment, regulators examine this possibility and given that MTI is a possibility, the regulators face a new set of questions. This paper raises and examines regulatory questions especially from a European institutional framework. The regulatory issues concern the competition effect, the ownership, access regime and the must-offer provision. The paper argues to leave light-handed unregulated MTI light handed and refrain from additional measures. In most cases, it is justified to refrain from sector-specific arrangements because competition law, if necessary at all, will suffice. However, details matter.
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Gert Brunekreeft,