Network Access in the Deregulated European Electricity Market: Negotiated Third-Party Access vs. Single Buyer
The question of third-party access to the networks has become central to the debate around the liberalisation of the European electricity markets due to the natural monopoly characteristic of the transmission network. The European Union?s electricity directive provides three institutional options for the organisation of network access: the single buyer procedure, the negotiated third-party access and the regulated third-party access. This paper analyses these regimes in a framework of an imperfect decision-making regulation authority which can commit errors when supervising the transmission tariffs. It will be shown that the equivalence of the systems required in the directive is usually not achieved. In addition, conditions for deciding between the three systems are derived under social welfare considerations.
|Date of creation:||1999|
|Date of revision:|
|Contact details of provider:|| Postal: Postfach 151150, 66041 Saarbrücken|
Phone: *49(0)681-302 2132
Fax: *49(0)681-302 3591
Web page: http://www.uni-saarland.de/fak1/fr12/csle/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:zbw:csledp:9906. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics)
If references are entirely missing, you can add them using this form.