Improving the regulatory framework in order to increase the efficiency of electricity distribution and supply
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Paper number
756
Working Group Number
Conference name
CIRED 2019
Conference date
3-6 June 2019
Conference location
Madrid, Spain
Peer-reviewed
Yes
Short title
Convener
Authors
Shiljkut, Vladimir, Public Enterprise “Electric Power Industry of Serbia”, Serbia
Milosavljevic, Jelena, Public Enterprise “Electric Power Industry of Serbia”, Serbia
Mitrusic, Ljiljana, Public Enterprise “Electric Power Industry of Serbia”, Serbia
Milosavljevic, Jelena, Public Enterprise “Electric Power Industry of Serbia”, Serbia
Mitrusic, Ljiljana, Public Enterprise “Electric Power Industry of Serbia”, Serbia
Abstract
The
subject addressed in this paper is the impact of regulatory framework changes
on the efficiency of electricity distribution and supply, in vertically
integrated power companies. The case study of Serbian DSO and public supplier,
integrated into the EPS Group, is presented. The adequacy of the regulatory
formula for the maximum allowed revenues of regulated activities, and tariffs
for determining network fees and prices for guaranteed (public) supply has been
analyzed. The analysis identified the areas of possible regulatory
improvements, with a proposal for establishing a regulatory strategy, whose
implementation could increase the efficiency of EPS Group. A set of measures,
based on the estimated impact on EBITDA, has been proposed. The importance of
creation, updating and the use of the Regulatory Risk Register has been
emphasized, too.
Table of content
Keywords
Publisher
AIM
Date
2019-06-03
Published in
Permanent link to this record
https://cired-repository.org/handle/20.500.12455/139
http://dx.doi.org/10.34890/274
http://dx.doi.org/10.34890/274
ISSN
2032-9644
ISBN
978-2-9602415-0-1