Eff Regulation and Measuring Cost iciency with Panel Data Models: Application to Electricity Distribution Utilities

Forthcoming in the Review of Industrial Organization, 2004. REGULATION AND MEASURING COST EFFICIENCY WITH PANEL DATA MODELS: APPLICATION TO ELECTRICITY DISTRIBUTION UTILITIES

Yardstick Regulation of Electricity Distribution Utilities Based on the Estimation of an Average Cost Function

In this paper we estimate an average-cost function for a panel of 45 Swiss electricity distribution utilities as a basis for yardstick regulation of the distribution-network access prices. Unlike the existing literature, we separate the electricity sales function of utilities from the network operation function. Several exogenous variables measuring the heterogeneity of the service areas were i...

Application of Big Data Analytics in Power Distribution Network

Smart grid enhances optimization in generation, distribution and consumption of the electricity by integrating information and communication technologies into the grid. Today, utilities are moving towards smart grid applications, most common one being deployment of smart meters in advanced metering infrastructure, and the first technical challenge they face is the huge volume of data generated ...

THE ESTIMATION OF AN AVERAGE COST FRONTIER TO CALCULATE BENCHMARK TARIFFS FOR ELECTRICITY DISTRIBUTION by

In this paper we have examined the scale and cost inefficiency of a sample of Swiss electricity distribution utilities. To do so, we have considered estimation of a stochastic frontier average cost model using the approach suggested by Schmidt and Sickles (1984) for panel data. A translog cost function was estimated using panel data for a sample of 30 municipal utilities over the period 1992-19...

The Estimation of an Average Cost Frontier to Calculate Benchmark Tariffs for Electricity Distribution

In this paper we have examined the scale and cost inefficiency of a sample of Swiss electricity distribution utilities. To do so, we have considered estimation of a stochastic frontier average cost model using the approach suggested by Schmidt and Sickles (1984) for panel data. A translog cost function was estimated using panel data for a sample of 30 municipal utilities over the period 1992-19...