How to rationalize the debate about 'EU Energy Third Package'? Revisiting criteria to compare electricity transmission organizations
Title: How to rationalize the debate about 'EU Energy Third Package'? Revisiting criteria to compare electricity transmission organizations
Series/Number: EUI RSCAS; 2009/15; Loyola de Palacio Programme on Energy Policy
This article develops a theoretical framework to rank different electricity transmission organizations according five criteria (transaction cost saving, performance based regulation implementation, conflicts of interest, non-discriminatory access and benefits from regional integration). We demonstrate that ITSO is not always the first-best arrangement when taking into account the benefits from regional integration.
Subject: ownership unbundling; EU Energy Internal Market; Energy Third Package; Transmission system operators
Type of Access: openAccess