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How to rationalize the debate about 'EU Energy Third Package'? Revisiting criteria to compare electricity transmission organizations


  • François Lévêque
  • Jean-Michel Glachant
  • Marcelo Saguan
  • Gildas de Muizon


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.

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  • François Lévêque & Jean-Michel Glachant & Marcelo Saguan & Gildas de Muizon, 2009. "How to rationalize the debate about 'EU Energy Third Package'? Revisiting criteria to compare electricity transmission organizations," RSCAS Working Papers 2009/15, European University Institute.
  • Handle: RePEc:rsc:rsceui:2009/15

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    Cited by:

    1. Adrien de Hauteclocque & Vincent Rious, 2009. "Reconsidering the Regulation of Merchant Transmission Investment in the Light of the Third Energy Package: The Role of Dominant Generators," RSCAS Working Papers 2009/59, European University Institute.

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    energy policy;

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