Construct · 1 fields · 1 citations

prudence review: a standalone construct

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prudencereview1 CONSTRUCTPrudence reviewLYON · ENERGY ECONOMICS

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Energy economics

a regulatory review that allows a utility to recover only investment costs judged prudent at the time decisions were made, studied for plant cost disallowances.

In energy economics, prudence review refers to a regulatory review that allows a utility to recover only investment costs judged prudent at the time decisions were made, studied for plant cost disallowances. This meaning comes from Lyon (1991) in The RAND Journal of Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructsenergy5 fields · 10 citationsjingle · one word, five constructsinvestment2 fields · 2 citationsjingle · one word, two constructs

References

  1. Lyon, T. P. (1991). Regulation with 20-20 Hindsight: "Heads I Win, Tails You Lose"? The RAND Journal of Economics, 22(4), 581. https://doi.org/10.2307/2600991

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