Literature Overview of Utility Regulation: Water Pricing Models
in Europe

D 2020

Literature Overview of Utility Regulation: Water Pricing Models in Europe

GYÖNYÖROVÁ, Lucie and Filip HAMPL

Basic information

Original name

Literature Overview of Utility Regulation: Water Pricing Models in Europe

Authors

GYÖNYÖROVÁ, Lucie (203 Czech Republic, belonging to the institution) and Filip HAMPL (203 Czech Republic, belonging to the institution)

Edition

1. vydání. Ostrava, Proceedings of the International Scientific Conference Economic and Social Policy: Economic and Social Challenges for European Economy, p. 70-84, 15 pp. 2020

Publisher

Vysoká škola PRIGO

Other information

Language

English

Type of outcome

Proceedings paper

Field of Study

50206 Finance

Country of publisher

Czech Republic

Confidentiality degree

is not subject to a state or trade secret

Publication form

printed version "print"

References:

URL

RIV identification code

RIV/00216224:14560/20:00116088

Organization unit

Faculty of Economics and Administration

ISBN

978-80-87291-27-6

ISSN

Keywords in English

cap regulation; cost-of-service; rationales; water pricing; water regulation

Abstract

In the original language

Water issues are drawing major attention concentrating on water scarcity and water regulation. Water pricing regulation may serve as a one-of-a-kind multi-dimensional tool to achieve an effective demand-supply equilibrium in the context of natural monopoly while incorporating the water scarcity and water stress factors and motivating the innovative approach to water management. Thus, the aim of the paper is to provide a comprehensive literature overview of water pricing models and their rationales and to establish their ordered systematisation. Besides, the aim is extended to classify and to qualitatively assess (with respect to the rationales) water pricing regulation approaches of the selected member states of the European Union and the United Kingdom (England and Wales). Three common elements of the applied approaches/models were identified in the selected states: (1st) the hybrid model application, (2nd) the cost recovery principle and (3rd) the importance of water affordability. Extensive heterogeneity of models defends the general conclusion about the assessment of the model suitability in the context of the individual country environment. Still, the obsolescence of traditional cost-of-service regulation is detected as well as the importance of national characteristics to water pricing model success.

Links

MUNI/A/1031/2019, interní kód MU

Name: Finanční trhy: Racionální a behaviorální faktory investičního rozhodování (Acronym: FITR)

Investor: Masaryk University, Category A

Cite

GYÖNYÖROVÁ, Lucie and Filip HAMPL. Literature Overview of Utility Regulation: Water Pricing Models in Europe. In Veronika Nálepová, Natalie Uhrová (eds.). Proceedings of the International Scientific Conference Economic and Social Policy: Economic and Social Challenges for European Economy. 1. vydání. Ostrava: Vysoká škola PRIGO, 2020, p. 70-84. ISBN 978-80-87291-27-6.

@inproceedings{1672159,
   author = {Gyönyörová, Lucie and Hampl, Filip},
   address = {Ostrava},
   booktitle = {Proceedings of the International Scientific Conference Economic and Social Policy: Economic and Social Challenges for European Economy},
   edition = {1. vydání},
   editor = {Veronika Nálepová, Natalie Uhrová (eds.)},
   keywords = {cap regulation; cost-of-service; rationales; water pricing; water regulation},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Ostrava},
   isbn = {978-80-87291-27-6},
   pages = {70-84},
   publisher = {Vysoká škola PRIGO},
   title = {Literature Overview of Utility Regulation: Water Pricing Models in Europe},
   url = {https://www.narodacek.cz/conference-proceedings-2020/},
   year = {2020}
}

TY  - CONF
ID  - 1672159
AU  - Gyönyörová, Lucie - Hampl, Filip
PY  - 2020
TI  - Literature Overview of Utility Regulation: Water Pricing Models in Europe
PB  - Vysoká škola PRIGO
CY  - Ostrava
SN  - 9788087291276
KW  - cap regulation
KW  - cost-of-service
KW  - rationales
KW  - water pricing
KW  - water regulation
UR  - https://www.narodacek.cz/conference-proceedings-2020/
N2  - Water issues are drawing major attention concentrating on water scarcity and water regulation. Water pricing regulation may serve as a one-of-a-kind multi-dimensional tool to achieve an effective demand-supply equilibrium in the context of natural monopoly while incorporating the water scarcity and water stress factors and motivating the innovative approach to water management. Thus, the aim of the paper is to provide a comprehensive literature overview of water pricing models and their rationales and to establish their ordered systematisation. Besides, the aim is extended to classify and to qualitatively assess (with respect to the rationales) water pricing regulation approaches of the selected member states of the European Union and the United Kingdom (England and Wales). Three common elements of the applied approaches/models were identified in the selected states: (1st) the hybrid model application, (2nd) the cost recovery principle and (3rd) the importance of water affordability. Extensive heterogeneity of models defends the general conclusion about the assessment of the model suitability in the context of the individual country environment. Still, the obsolescence of traditional cost-of-service regulation is detected as well as the importance of national characteristics to water pricing model success.
ER  -

GYÖNYÖROVÁ, Lucie and Filip HAMPL. Literature Overview of Utility Regulation: Water Pricing Models in Europe. In Veronika Nálepová, Natalie Uhrová (eds.). \textit{Proceedings of the International Scientific Conference Economic and Social Policy: Economic and Social Challenges for European Economy}. 1. vydání. Ostrava: Vysoká škola PRIGO, 2020, p.~70-84. ISBN~978-80-87291-27-6.

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