Improvement and expansion of the transmission grid is still an unresolved issue in the new competitive environment. In current electricity markets, transmission lines have become assets that need financial instruments for investors who wish to ensure steady long-term returns and to withstand...

How does financial performance risk affect investments in low-carbon electricity-generating technologies to achieve climate policy targets? A detailed risk simulation of price formation in the Great Britain wholesale power market is used to show that the increasing replacement of fossil...

California has long recognized the potential for applying electronic and other transportation systems technologies to address the significant mobility and economic challenges in the state,and the rest of the nation.Through an aggressive Advanced Transportation Systems Program,Intelligent...

This dissertation describes a strategy which makes all commuters better off (i.e. a Pareto efficient strategy) for the time-dependent morning commute problem, even if the collected revenues are not returned to the population of commuters. The proposed strategy will apply road pricing as a tool...

Consider an electricity market populated by competitive agents using thermal generating units. Such generation involves the emission of pollutants, on which a regulator might impose constraints. Transmission capacities for sending energy may naturally be restricted by the grid facilities. Both...

This article presents a model for investing in renewable energies in the framework of the Spanish electricity market in a way that risk is minimised for the investor while returns are maximised. The model outlined here is based on an economic model for calculating cash flows intended to obtain...

Consider an electricity market populated by competitive agents using thermal generating units. Generation often emits pollution which a planner may wish to constrain through regulation. Furthermore, generators’ ability to transmit energy may be naturally restricted by the grid’s facilities....