气候变化领域集成服务门户(CCPortal): Estimating the marginal cost of improving services quality in electricity distribution utilities of Pakistan

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DOI	10.1016/j.enpol.2022.113061
	Estimating the marginal cost of improving services quality in electricity distribution utilities of Pakistan
	Mirza, Faisal Mehmood; Mushtaq, Iqra
发表日期	2022
ISSN	0301-4215
EISSN	1873-6777
卷号	167 页码:15
英文摘要	Services quality of electricity distribution utilities has become an issue of prime importance for policymakers since the introduction of incentive-based regulation in electricity markets around the globe. Incentives-based regulatory scheme rewards distribution utilities for cost-savings as well as for improving services quality, creating a conflict in reaching optimal services quality. Therefore, regulators have now started to design regu-latory mechanisms by incorporating services quality in their incentive structures. In this regard, it is important for regulators to know about the cost of improving services quality for electricity distribution utilities. Thus, objective of this study is to present a comprehensive econometric framework to estimate the marginal cost of improving services quality associated with losses and interruptions. This study has used panel data for eight distribution utilities from 2006 to 2018. Results of One step system GMM indicate that distribution utilities exhibit diseconomies of scale which are higher than economies of density. Our results suggest that marginal cost of reducing distribution losses is Rs 44/kWh while the marginal cost of reducing 1 min interruption is Rs 0.02. We therefore suggest regulators to use the estimated marginal costs as a benchmark for designing effective incentives-based regulatory framework for distribution utilities in Pakistan.
英文关键词	Marginal cost; Distribution utilities; Services quality; Customer minutes lost; Distribution losses; Incentives-based regulation
学科领域	Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种	英语
WOS研究方向	Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号	WOS:000814754900004
来源期刊	ENERGY POLICY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/272312
作者单位	University of Gujrat
推荐引用方式 GB/T 7714	Mirza, Faisal Mehmood,Mushtaq, Iqra. Estimating the marginal cost of improving services quality in electricity distribution utilities of Pakistan[J],2022,167:15.
APA	Mirza, Faisal Mehmood,&Mushtaq, Iqra.(2022).Estimating the marginal cost of improving services quality in electricity distribution utilities of Pakistan.ENERGY POLICY,167,15.
MLA	Mirza, Faisal Mehmood,et al."Estimating the marginal cost of improving services quality in electricity distribution utilities of Pakistan".ENERGY POLICY 167(2022):15.