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terms of financial transmission rights. Our mechanism applies the incentive-regulation logic of rebalancing a two …
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transmission network. We study three hypotheses: the long-term financial-transmission-right hypothesis; the incentive-regulation …
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We present experimental results from a series of sessions organized using the Power Market simulator; a software designed to realistically replicate the Spanish Electricity Market. In the experiments reported here we compare the status quo to two alternative treatments which represent...
Persistent link: https://www.econbiz.de/10014048243
more specific but still general incentive regulation literature. An exception has been Vogelsang (2001), who postulated … the incentive-regulation hypothesis (regulatory approach). An independent system operator (ISO) could handle the actual … dispatch and operational pricing. The transmission firm is regulated through benchmark or price regulation to provide long …
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