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    Improving the regulatory framework in order to increase the efficiency of electricity distribution and supply

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    CIRED 2019 - 756.pdf (613.4Kb)
    Paper number
    756
    Conference name
    CIRED 2019
    Conference date
    3-6 June 2019
    Conference location
    Madrid, Spain
    Peer-reviewed
    Yes
    Metadata
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    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
    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.
    Publisher
    AIM
    Date
    2019-06-03
    Published in
    • CIRED 2019 Conference
    Permanent link to this record
    https://cired-repository.org/handle/20.500.12455/139
    http://dx.doi.org/10.34890/274
    ISSN
    2032-9644
    ISBN
    978-2-9602415-0-1

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