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...

Full description

Saved in:
Bibliographic Details
Published inThe Electricity journal Vol. 14; no. 1; pp. 80 - 88
Main Authors Cragg, Michael, Lehr, William, Rudkin, Ron
Format Journal Article
LanguageEnglish
Published Elsevier Inc 2001
Elsevier
SeriesThe Electricity Journal
Online AccessGet full text

Cover

More Information
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.
ISSN:1040-6190
1873-6874
DOI:10.1016/S1040-6190(00)00177-9