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How to deal with a CAPEX-bias: fixed-OPEX-CAPEX-share (FOCS)

  • Forschung | Regulierung und Marktdesign
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Zeitschrift für Energiewirtschaft Aims and scope Submit manuscript

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Fig. 1 /

© Adapted from Oxera (2019)

Notes

  1. To be accurate, we note that the ordinance has been changed recently. Section 23 still exists formally, but is no longer activated, as it has been replaced by another section arranging an annual CAPEX-true-up.

  2. In the end, the AEMC decided not to proceed to a regulatory reform for the time being due to other reform priorities.

  3. This expression could be slightly refined. Under FOCS, OPEX and CAPEX go into TOTEX; afterwards these are changed into operating costs and capital costs. For capital, expenditure and costs are not the same. We ignore this refinement

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Authors and Affiliations

  1. Oxera Consulting, Berlin, Germany

    Carlotta von Bebenburg

  2. Constructor University Bremen, Bremen, Germany

    Gert Brunekreeft

  3. Compass Lexecon, Berlin, Germany

    Anton Burger

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  1. Carlotta von Bebenburg
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  2. Gert Brunekreeft
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  3. Anton Burger
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von Bebenburg, C., Brunekreeft, G. & Burger, A. How to deal with a CAPEX-bias: fixed-OPEX-CAPEX-share (FOCS). Z Energiewirtsch 47, 54–63 (2023). https://doi.org/10.1007/s12398-023-0906-4

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  • DOI: https://doi.org/10.1007/s12398-023-0906-4

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