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

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CIRED 2019 - 756.pdf (613.4 KB)

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

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.

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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