Electricity Distribution Investments: No Country for Old Rules? A Critical Overview of UK and Italian Regulations
Center for Research on Energy and Environmental Economics and Policy at Bocconi University Working Paper No. 50
31 Pages Posted: 24 May 2012
Date Written: May 23, 2012
Abstract
The increase in distributed generation and the increasingly pro-active role of mass consumers demand “smart” distribution networks. To this aim, regulation too must innovate, in order to promote innovative and additional infrastructural investments.
This paper develops, first, a methodological framework addressing the relevant drivers for the regulation of distribution network investments. In the light of this framework, we then perform a critical overview of the British and Italian regulatory approach to distribution network investments. Finally, we discuss some policy insights for the Italian regulator.
Keywords: electricity distribution network, investments, regulation
JEL Classification: L94, L98
Suggested Citation: Suggested Citation
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