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

See all articles by Simona Benedettini

Simona Benedettini

University of Siena - Department of Economics

Clara Poletti

Bocconi University - IEFE

Federico Pontoni

Bocconi University - IEFE Centre for Research on Energy and Environmental Economics and Policy

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

Benedettini, Simona and Poletti, Clara and Pontoni, Federico, Electricity Distribution Investments: No Country for Old Rules? A Critical Overview of UK and Italian Regulations (May 23, 2012). Center for Research on Energy and Environmental Economics and Policy at Bocconi University Working Paper No. 50, Available at SSRN: https://ssrn.com/abstract=2065319 or http://dx.doi.org/10.2139/ssrn.2065319

Simona Benedettini (Contact Author)

University of Siena - Department of Economics ( email )

Piazza San Francesco 7
Siena, 53100
Italy

Clara Poletti

Bocconi University - IEFE ( email )

viale Filippetti, 9
Milan, 20122
Italy

Federico Pontoni

Bocconi University - IEFE Centre for Research on Energy and Environmental Economics and Policy ( email )

viale Filippetti, 9
Milan, 20122
Italy

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