Benchmarking and regulation: international electricity experience

摘要: Abstract An increasing number of countries are adopting incentive regulation to promote efficiency improvement in electricity transmission and distribution utilities. Incentive almost invariably involves some form benchmarking or comparison actual versus reference performance. This paper discusses the main methods presents findings a survey used OECD few other countries. We find discuss variety by regulators with notable preference for non-parametric methods. The also outlines outstanding issues lessons best practice implementation regulation.