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• W2024502857 abstract "This paper investigates the long-run effects of average revenue regulation on an electricity transmission monopolist who applies a two-part tariff comprising a variable congestion price and a non-negative fixed access fee. A binding constraint on the monopolist's expected average revenue lowers the access fee, promotes transmission investment, and improves consumer surplus. In a case of any linear or log-linear electricity demand function with a positive probability that no congestion occurs, average revenue regulation is allocatively more efficient than a Coasian two-part tariff if the level of capacity under average revenue regulation is higher than that under a Coasian two-part tariff." @default.
• W2024502857 created "2016-06-24" @default.
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• W2024502857 date "2008-05-01" @default.
• W2024502857 modified "2023-09-24" @default.
• W2024502857 title "The effects of average revenue regulation on electricity transmission investment and pricing" @default.
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• W2024502857 doi "https://doi.org/10.1016/j.eneco.2007.07.006" @default.
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