Assessing the Cost of Capital for a Standalone Transmission Company

Autor: Michael Cragg, William Lehr, Ron Rudkin
Rok vydání: 2001
Předmět:
Zdroj: The Electricity Journal. 14:80-88
ISSN: 1040-6190
DOI: 10.1016/s1040-6190(00)00177-9
Popis: It is exactly in the early stages of restructuring the market that the risks from inadequate transmission investment are greatest. The social costs of setting return on equity for standalone transmission companies too low are likely to be greater than the social costs of setting return on equity too high.
Databáze: OpenAIRE