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How to rationalize the debate about 'EU Energy Third Package'? Revisiting criteria to compare electricity transmission organizations
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1028-3625
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EUI RSCAS; 2009/15; Loyola de Palacio Programme on Energy Policy
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LÉVÊQUE, François, GLACHANT, Jean-Michel, SAGUAN, Marcelo, DE MUIZON, Gildas, How to rationalize the debate about ‘EU Energy Third Package’? Revisiting criteria to compare electricity transmission organizations, EUI RSCAS, 2009/15, Loyola de Palacio Programme on Energy Policy - https://hdl.handle.net/1814/11028
Abstract
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.