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It is puzzling today to explain diversity and imperfection of actual transmission monopoly designs in competitive electricity markets. We argue that transmission monopoly in competitive electricity markets has to be analyzed within a [Wilson, R, 2002. Architecture of the power markets....
Persistent link: https://www.econbiz.de/10005114850
Power generation and transmission are complementary activities that must be coordinated to ensure an optimal use and development of the transmission network. This coordination is today more difficult in a liberalized system, because of unbundling and the freedom for investors to choose their...
Persistent link: https://www.econbiz.de/10014619192
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This paper proposes a support mechanism for energy storage devices for island power systems where intermittent renewable generation is rapidly growing. We base our proposal on the maturity level of storage devices (Chen et al., 2009 [7]) and on the linear model for the development of innovations...
Persistent link: https://www.econbiz.de/10010719440
The regulation of merchant transmission investment (MTI) has become an important issue in the EU electricity sector, subsequent to the granting of authorizations by European authorities to five merchant projects: BritNed, Estlink, the East West Cables, NorGer and recently a merchant line...
Persistent link: https://www.econbiz.de/10010572771
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From 1998 to 2005, the German transmission grid has been put under a self-regulated arrangement. It seems hard to believe that transmission lines can be opened to "third-party access" only with a "negotiated access regime" and no regulator supervision. It seems contradictory with the notion of...
Persistent link: https://www.econbiz.de/10005255075
In the early 1990s, Pablo Spiller worked on North and Williamson's application of the New Institutional Economics, on the conditions of credible network reforms. Credibility is defined as the capacity to provide reform commitments. This work, started from a Positive Political Economics Veto...
Persistent link: https://www.econbiz.de/10010668982
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