Assessing the Cost of Capital for a Standalone Transmission Company
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...
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Published in | The Electricity journal Vol. 14; no. 1; pp. 80 - 88 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Elsevier Inc
2001
Elsevier |
Series | The Electricity Journal |
Online Access | Get full text |
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Summary: | 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. |
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ISSN: | 1040-6190 1873-6874 |
DOI: | 10.1016/S1040-6190(00)00177-9 |