The current pan European transmission network planning and investment mechanism comes from the requirements of Third Energy Package. Countries participate in the pan European cross-border network investments by sharing the same planning methodology and investment process. However, energy mix...

In the wake of recent energy crisis, the importance of stable prices from long-term cross-border markets for consumers and instruments for market players to hedge against spot market volatility is greater still. This research proposes the Joint Energy and Transmission Right Auction (JETRA)...