actorscan lose, they might oppose any reform. We explore how free allocation of financial transmission rights to generation and …

actorscan lose, they might oppose any reform. We explore how free allocation of financial transmission rights to generation and …

actorscan lose, they might oppose any reform. We explore how free allocation of financial transmission rights to generation and …

transmission network. We study three hypotheses: the long-term financial-transmission-right hypothesis; the incentive …-regulation hypothesis; and the market-power hypothesis. The first approach derives optimal transmission expansion through auctions of long …-term financial transmission rights by an independent system operator. The second provides a Transco with incentives to expand the …

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 … Transco funds its transmission investment costs by collecting merchandising surplus and charging a fixed fee to consumers. The …

electricity transmission network expansion in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico … Interconectado Nacional). The HRV mechanism combines the merchant and regulatory approaches to promote investment into transmission … pricing. The expansion of the network is carried out through the sale of Financial Transmission Rights (FTR's) for the …

This paper presents the application of a mechanism that provides incentives to promote transmission network expansion … pricing. The expansion of the network is carried out through auctions of financial transmission rights for congested links …. The mechanism is tested for a simplified transmission grid with ten interconnected zones, ten nodes, eleven lines and …