In several recent utility rate cases, regulators have disallowed portions of utility compensation expenses, on the basis that difficult local economic conditions justify pay cuts. However, when...
Europe: Picture of a Stalled Competitive Model
- that will integrate Spain and Portugal. The market structure will closely resemble that of Spain. The power pool will be called MIBEL, and there will also be a bilateral market. However, this market was due to start operations in April 2004, and it is still not in place. No new starting date has been set.
- TSO-Auction BV, subsidiary of TenneT (the organization that manages the auction of the interconnector capacity); All prices for Dutch interconnection auctions available at www.tso-auction.org.
- Commission of the European Communities, "DG TREN Draft Working Paper: Third Benchmarking, EU Report on status of the Internal Market in Electricity and Gas," Brussels, March 2004.
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