CEER Report on Investment Conditions in European Countries in 2015

This report provides a general overview of the regulatory regimes, the required efficiency developments and analyses the overall determination of capital costs in EU Member States and Norway. A major focus is placed on the calculation of an adequate rate of return, the determination of the regulatory asset base (RAB) and the depreciation of assets in the different regulatory regimes. Importantly, individual parameters presented in this study have to be interpreted in the context of a whole country-specific regulatory regime. The data collection, covering investments in 2015, took place in summer 2015.