Transmission network investment across national borders : the liberalized electricity market

Lars Persson and Thomas Tangerås

The world's first multinational electricity market was formed with the creation of the Nordic power exchange, Nord Pool. We analyze the incentives to undertake transmission network investment in the context of the liberalized Nordic electricity market. Welfare improving investment in a multinational electricity market requires accounting for the cross-border effects of capacity expansion. We propose methods to increase voluntary cooperation on international infrastructure projects, with an aim to increase aggregate efficiency and achieve equitable distribution of the gains from market integration.

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Year of publication:	October 17, 2018
Authors:	Persson, Lars ; Tangerås, Thomas P.
Publisher:	Stockholm, Sweden : Research Institute of Industrial Economics
Subject:	Coalition formation \| Cross-border transmission investment \| Multilateral bargaining \| Nordic electricity market \| Shapley Value \| Elektrizitätswirtschaft \| Electric power industry \| Deregulierung \| Deregulation \| Elektrizitätsversorgung \| Electricity supply \| Nordeuropa \| Northern Europe \| Investition \| Investment \| Shapley-Wert \| Shapley value \| Koalition \| Coalition \| Verhandlungstheorie \| Bargaining theory \| Netzregulierung \| Access regulation

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Extent:	1 Online-Ressource (circa 37 Seiten) Illustrationen
Series:	IFN working paper. - Stockholm, ZDB-ID 2483275-3. - Vol. no. 1242 (2018)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/210883 [Handle]
Classification:	C71 - Cooperative Games ; F15 - Economic Integration ; L43 - Legal Monopolies and Regulation or Deregulation ; L94 - Electric Utilities
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011926087