Analysis of market power in electricity markets is relevant for understanding the competitive development of the industry's restructuring and liberalization process. Because the existing literature lacks adequate consideration of line transmission congestion, this paper sets forth a new approach...

A considerable literature has extolled the virtues of transitioning away from rate-of-return regulation for infrastructure-intensive industries. I find that for a large-scale transmission network like the U.S. natural gas pipeline system, transmission capacity under rate-of-return regulation may...

The United Nations' objective to provide electricity to the 1.3 billion people without access in developing countries comes at high costs. Little evidence exists on socioeconomic impacts of electrification. This paper rigorously investigates effects of a large grid extension program in Rwanda on...

Electricity markets are becoming more integrated around the world. However, the knowledge of the effects of different auction formats on suppliers' strategies in the presence of transmission constraints and transmission costs is still very limited. In this paper, I analyze the performance of...

The integration of electricity markets around the world has increased the importance of congestion between countries/states and has initiated a discussion of how to harmonize network tariffs. This paper analyzes how the transmission capacity and the transmission cost, such as a transmission...

This paper investigates how the relationships between congestion, reliability, and uncertainty affect how electrical grid users value transmission system upgrades. The role that uncertainty plays in grid users' valuations of many of the congestion and reliability benefits of upgrades is...

Transmission investment faces multifaceted problems. Not only do transmission lines face NIMBY or BANANAs (Build Absolutely Nothing Anywhere Near Anything) opposition, they are also resisted by those who face economic disbenefits other than those arising from proximity to the project (e.g.,...

This report investigates the effect of increasing the number of wind turbine generators on transmission line congestion in the Australian National Electricity Market’s (NEM) existing transmission grid from 2014 to 2025. This reports answers urgent questions concerning the capability of the...

More than 1.3 billion people lack access to electricity. The UN have proclaimed the goal of providing electricity to all by 2030. In recent years, Pico-Photovoltaic kits have become a lower cost alternative to investment intensive grid electrification. Using a randomized controlled trial we...

Cost allocation for transmission expansion is a particularly thorny problem, especially in the case where a new line crosses state boundaries. As Sauma and Oren (2007) note, sometimes there are misalignments between costs and benefits associated with investments in transmission, because payments...