Regulatory issues for transmission and distribution grids

Transmission Grid Design The transmission grid (which operates at very high voltage) is designed to offset the deficits and surpluses between generation and demand in different areas of a country, or between neighbouring countries, and paves the way for establishing national or even international markets. This ensures that the most efficient generation is dispatched, globally […]

Regulatory Tools

Regulators may choose from a number of regulatory tools in order to achieve efficiency objectives. The most important of these approaches is the regulation of the revenue from electricity sales that each company is allowed to earn. The revenue must be sufficient to enable the utility company to cover its operating costs and make any […]