How to rationalize the debate about 'EU Energy Third Package'? Revisiting criteria to compare electricity transmission organizations
This article develops a theoretical framework to rank different electricity transmission organizations according five criteria (transaction cost saving, performance based regulation implementation, conflicts of interest, non-discriminatory access and benefits from regional integration). We demonstrate that ITSO is not always the first-best arrangement when taking into account the benefits from regional integration.
|Date of creation:||25 Feb 2009|
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