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We apply a merchant transmission model to the trilateral market coupling (TLC) arrangement among the Netherlands, Belgium and France as a generic example, and note that it can be applied to any general market splitting or coupling of Europe's different national power markets. In this merchant...
Persistent link: https://www.econbiz.de/10013141041
Electricity transmission pricing and transmission grid expansion have received increasing regulatory and analytical attention in recent years. Since electricity transmission is a very special service with unusual characteristics, such as loop flows, the approaches have been largely tailor-made...
Persistent link: https://www.econbiz.de/10013141078
The European Commission's proposal to unbundle electricity transmission network encouraged a great debate among involved players. Mainstream economists suggest that unbundling of both the transmission (TX) network and the interconnections (ICX) can be seen as a structural solution to the problem...
Persistent link: https://www.econbiz.de/10013142394
The traditional approaches to “access to justice” obscure the current distribution of economic, social, and political power, and how that distribution favors those who have power and burdens those who do not. Consequently, the traditional approaches foreclose possibilities for a truly just...
Persistent link: https://www.econbiz.de/10012895351
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set of providers. We find that these...
Persistent link: https://www.econbiz.de/10014240487
This article presents an approach to minimize the outage costs during power supply disruptions and, thus, to incentivize efficient resilience investment by network users. The central problem to be solved is the information asymmetry between network operators and network users on outage and...
Persistent link: https://www.econbiz.de/10014346000
Our study concerns the interconnected European Electricity and Gas transmission grid where we address two important issues of these interdependent critical infrastructures. First we assessed the response under seismic hazard for each independent network; then we analysed the increased...
Persistent link: https://www.econbiz.de/10015310709
Persistent link: https://www.econbiz.de/10003990450
We apply a merchant transmission model to the trilateral market coupling (TLC) arrangement among the Netherlands, Belgium and France as a generic example, and note that it can be applied to any general market splitting or coupling of Europe's different national power markets. In this merchant...
Persistent link: https://www.econbiz.de/10009129976
Electricity transmission pricing and transmission grid expansion have received increasing regulatory and analytical attention in recent years. Since electricity transmission is a very special service with unusual characteristics, such as loop flows, the approaches have been largely tailor-made...
Persistent link: https://www.econbiz.de/10009129981