Data/hora: 13/06/2024 07:05:46

Provedor de dados: 	31	
País: 	United States	
Título: 	Alleged Transmission Undersupply: Is Restructuring the Cure or the Cause?	
Autores: 	Brennan,   Timothy J.	
Data: 	2006-02-13	
Ano: 	2005	
Palavras-chave: 	Electricity transmission; Regulation; Deregulation; Vertical integration; Environmental Economics and Policy; L94; L51; L22.	
Resumo: 	Widespread concern over transmission capacity requires theoretical support to infer inadequacy from observed trends indicating reductions in the ratio of transmission to generation capacity over time. If integrated utilities had been regulated with allowed returns exceeding capital costs, transmission generation ratios would have been excessive, and observed trends might be a correction. However, numerous commentators claim that post-restructuring transmission rates have been too low, with NIMBY also discouraging investment. We model the possibility that inadequate separation between generation and transmission may result in reduced investment, in order to preserve incumbent market power in generation. However, consideration of transmission price caps and coordinated generation investment support other analyses that conclude that vertical separation itself may be a culprit.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	19958

http://purl.umn.edu/10723	
Editor: 	AgEcon Search	
Relação: 	Resources for the Future&gt;Discussion Papers

Discussion Paper 05-50	
Formato: 	24

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