This paper discusses unregulated market-based electricity transmission investment by third parties as opposed to … regulated investment by designated transmission system operators. The analysis is set against a European and Australian …, market power, detrimental investment and risks. The analysis argues for restricting market-based investment to controllable …

sector regulation and objectives as a context within the process of implementation of competition law in the energy sector … and third, we will investigate how sector regulation in energy sector incorporates competition law principles and affirms … combined with the need for effectiveness and focus on other than competition objectives of sector regulation and we will result …

successful liberalised and private-sector led electricity markets, events such as: (i) the California electricity crisis of 2000 … electricity market.The variables include competition, regulatory transparency and certainty, an apolitical and independent … regulator, access to information, efficient cost and price regulation, customer engagement and protection and third party access …

This paper introduces strategic behavior of the electricity network operator in a congested network with imperfect … competition for generation. It models a two stage Stackelberg game. First, the network operator sets transmission prices, then … are compared numerically. The calibration of the numerical model is based on data of the Belgian electricity market. …

Abstract: This paper derives the socially optimal transmission prices in a congested electricity network when there is … illustrated with a numerical model based on the Belgian electricity data. …

Electricity transmission has emerged as critical for successfully liberalising power markets. This paper surveys the … signalling the efficient location of generation investment might require even a competitive LMP system to be complemented with … integrated system of market coupling, possibly evolving by voluntary participation, should have high priority. Merchant investors …

addressed in most of the investment appraisals has been: “is this investment the least cost way to supply the electricity … an existing electricity transmission system. First, the analysis is done in an integrated fashion where the financial … of electricity would provide the quantity of energy demanded at an acceptable level of reliability. The question …

This paper provides an overview of the development of electric power transmission access, pricing and investment … Standard Market Design (SMD) proposal. PJM’s market rules and transmission pricing, planning and investment policies are …-liberalisation transmission access and pricing policies, the prevailing basic transmission access and pricing rules contained in Orders 888 and …

original reform led to less investment in major transmission lines but more intensive use of existing lines. Competition to …Argentina’s 1992 transmission expansion policy was subsequently modified by, for example, including provision for … transmission companies and proposing quality and substation expansions. There have been several such expansions, and no lack of …

From 1992 to 2002, major expansions of the Argentine electricity transmission sector depended on users proposing … could not be trusted to deliver more efficient transmission investment decisions. The delay to the Fourth Line was short …. It indicated a need to reappraise transmission investment policy because the availability of gas had made it more …