Efficiency and restructuring in regulated energy networks: evidence from Germany and the US [Elektronische Ressource] / vorgelegt von Borge Hess

Efficiency and Restructuring in Regulated Energy Networks: Evidence from Germany and the US Dissertation vorgelegt von Dipl.-Volkswirt Borge Hess (geb. 02. Juni 1977) am 26. Februar 2008 an der Fakultät Wirtschaftswissenschaften der Technischen Universität Dresden zur Erlangung des akademischen Grades Doctor rerum politicarum (Dr. rer. pol.) Verteidigt am 10. Dezember 2009 Betreuender Hochschullehrer / 1. Gutachter: Prof. Dr. Christian von Hirschhausen (TU Dresden) Gutachter: Prof. Dr. Bernhard Wieland (TU Dresden) Prof. Dr. Andreas Stephan (Jönköping International Business School) Abstract Although the German framework of incentive-based energy regulation appears to be well-defined because it draws from international experience and eliminates several present drawbacks existing with revenue-cap regulation doubts of industry and politicians concerning the application of benchmarking techniques and more importantly, the future industry structure, remain. The regulation scheme is based on experience with energy sector reforms in the US due to it being a precursor in this regard, e.g. by introducing incentive-based regulation as early as 1994 and publishing the relevant data in a very detailed way.