CEER Report on Investment Conditions in European Countries

This report provides a general overview of the regulatory regimes applied in 2016, 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. Other important, individual parameters and new incentive mechanisms presented in this study have to be interpreted in the context of a whole country-specific regulatory regime. Some figures only reflect an ex ante approach for 2016, while ex post calculations still are to be executed.