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Erschienen in:
2009 | OriginalPaper | Buchkapitel
Network Regulation
Erschienen in: Innovation for Sustainable Electricity Systems
Verlag: Physica-Verlag HD
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This chapter focuses on an innovation process in the realm of regulatory practices and institutions. It deals with the development of new forms of network regulation in electricity systems. This comprises methods and institutional arrangements for the operation of the network infrastructure. A key challenge in liberalized electricity markets is that network services are still natural monopolies and must be provided to all market participants on equal conditions in order to make competition work. The central position of networks within the system, however, gives rise to much broader repercussions within the sector. Recent developments in network regulation are therefore closely linked to the sustainable development of electricity systems as a whole.