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This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment....
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We employ a detailed two-stage model to simulate the operation of the Central Eastern European electricity market and …
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We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with …
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In current power markets, the bulk of electricity is sold wholesale and transported to consumers via long … compete. Collectively, our results present a set of positive efficiency results for peer-to-peer electricity markets. …
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