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The role of efficiency estimates in regulatory price reviews: Ofgem's approach to benchmarking electricity networks

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  • Pollitt, Michael

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  • Pollitt, Michael, 2005. "The role of efficiency estimates in regulatory price reviews: Ofgem's approach to benchmarking electricity networks," Utilities Policy, Elsevier, vol. 13(4), pages 279-288, December.
  • Handle: RePEc:eee:juipol:v:13:y:2005:i:4:p:279-288
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    References listed on IDEAS

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    1. Jamasb, Tooraj & Nillesen, Paul & Pollitt, Michael, 2004. "Strategic behaviour under regulatory benchmarking," Energy Economics, Elsevier, vol. 26(5), pages 825-843, September.
    2. Andrei Shleifer, 1985. "A Theory of Yardstick Competition," RAND Journal of Economics, The RAND Corporation, vol. 16(3), pages 319-327, Autumn.
    3. Giannakis, Dimitrios & Jamasb, Tooraj & Pollitt, Michael, 2005. "Benchmarking and incentive regulation of quality of service: an application to the UK electricity distribution networks," Energy Policy, Elsevier, vol. 33(17), pages 2256-2271, November.
    4. Bauer, Paul W. & Berger, Allen N. & Ferrier, Gary D. & Humphrey, David B., 1998. "Consistency Conditions for Regulatory Analysis of Financial Institutions: A Comparison of Frontier Efficiency Methods," Journal of Economics and Business, Elsevier, vol. 50(2), pages 85-114, March.
    5. Oliver E. Williamson, 1976. "Franchise Bidding for Natural Monopolies -- in General and with Respect to CATV," Bell Journal of Economics, The RAND Corporation, vol. 7(1), pages 73-104, Spring.
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    Citations

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    Cited by:

    1. Shaw, Rita & Attree, Mike & Jackson, Tim, 2010. "Developing electricity distribution networks and their regulation to support sustainable energy," Energy Policy, Elsevier, vol. 38(10), pages 5927-5937, October.
    2. repec:kap:pubcho:v:173:y:2017:i:1:d:10.1007_s11127-017-0473-5 is not listed on IDEAS
    3. Jamasb, Tooraj & Pollitt, Michael, 2008. "Reference models and incentive regulation of electricity distribution networks: An evaluation of Sweden's Network Performance Assessment Model (NPAM)," Energy Policy, Elsevier, vol. 36(5), pages 1788-1801, May.
    4. Mehdi Farsi & Aurelio Fetz & Massimo Filippini, 2007. "Benchmarking and Regulation in the Electricity Distribution Sector," CEPE Working paper series 07-54, CEPE Center for Energy Policy and Economics, ETH Zurich.
    5. Jamasb, Tooraj & Pollitt, Michael, 2007. "Incentive regulation of electricity distribution networks: Lessons of experience from Britain," Energy Policy, Elsevier, vol. 35(12), pages 6163-6187, December.
    6. Paul Nillesen & Michael Pollitt, 2007. "The 2001-3 electricity distribution price control review in the Netherlands: regulatory process and consumer welfare," Journal of Regulatory Economics, Springer, vol. 31(3), pages 261-287, June.
    7. Lowry, Mark Newton & Getachew, Lullit, 2009. "Statistical benchmarking in utility regulation: Role, standards and methods," Energy Policy, Elsevier, vol. 37(4), pages 1323-1330, April.
    8. Steele Santos, Paulo E. & Coradi Leme, Rafael & Galvão, Leandro, 2012. "On the electrical two-part tariff—The Brazilian perspective," Energy Policy, Elsevier, vol. 40(C), pages 123-130.
    9. repec:eee:enepol:v:108:y:2017:i:c:p:606-616 is not listed on IDEAS
    10. repec:aen:journl:ej38-5-lien is not listed on IDEAS
    11. Reneses, Javier & Gómez, Tomás & Rivier, Juan & Angarita, Jorge L., 2011. "Electricity tariff design for transition economies: Application to the Libyan power system," Energy Economics, Elsevier, vol. 33(1), pages 33-43, January.
    12. Hess, Borge & Cullmann, Astrid, 2007. "Efficiency analysis of East and West German electricity distribution companies - Do the "Ossis" really beat the "Wessis"?," Utilities Policy, Elsevier, vol. 15(3), pages 206-214, September.
    13. Janda, Karel & Krska, Stepan, 2014. "Benchmarking Methods in the Regulation of Electricity Distribution System Operators," MPRA Paper 59442, University Library of Munich, Germany.
    14. Li, Hong-Zhou & Tian, Xian-Liang & Zou, Tao, 2015. "Impact analysis of coal-electricity pricing linkage scheme in China based on stochastic frontier cost function," Applied Energy, Elsevier, vol. 151(C), pages 296-305.
    15. Laurens Cherchye & Bram De Rock & Pieter Jan Kerstens, 2016. " Production with storable and durable inputs: nonparametric analysis of intertemporal efficiency," Working Papers Department of Economics 549617, KU Leuven, Faculty of Economics and Business, Department of Economics.
    16. Haney, Aoife Brophy & Pollitt, Michael G., 2013. "International benchmarking of electricity transmission by regulators: A contrast between theory and practice?," Energy Policy, Elsevier, vol. 62(C), pages 267-281.
    17. Saastamoinen, Antti & Kuosmanen, Timo, 2016. "Quality frontier of electricity distribution: Supply security, best practices, and underground cabling in Finland," Energy Economics, Elsevier, vol. 53(C), pages 281-292.

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