1. Introduction -- 2. Investment : types and characteristics -- 3. Regulation and investment : a framework -- 4. Assessment of investment approaches -- 5. Designing a regulatory system to handle investment.
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SUMMARY OR ABSTRACT
Text of Note
"Drawing on a worldwide series of case studies from across the regulated sectors, this paper illustrates the various approaches to regulating investment and some of the practical implementation problems that are faced. This allows some tentative suggestions for the design of practical investment regimes to be developed, depending upon the circumstances of the situation in hand."--Jacket.
Text of Note
"This paper reviews the common approaches adopted by regulators to: a) the inclusion and valuation of investment in the regulatory asset base, and b) the allocation of costs of investment between different users as well as between connection and usage charges. The former set of issues are key to the creation of incentives for companies to undertake efficient least-cost investment while the latter address the key concern of how revenues are recovered (and the associated risks for the operator). By understanding these issues and how they relate to the investments that are needed in a sector, regulators have an opportunity to better design regimes able to promote necessary investment."
ACQUISITION INFORMATION NOTE
Source for Acquisition/Subscription Address
00028989
OTHER EDITION IN ANOTHER MEDIUM
Title
Regulation of investment in utilities.
TOPICAL NAME USED AS SUBJECT
Infrastructure (Economics)-- Great Britain.
Public utilities-- Great Britain-- Finance.
Public utilities-- Law and legislation-- Great Britain.