Important practical considerations in designing an FTR market

2005 IEEE Russia Power Tech, PowerTech

Volumn , Issue , 2005, Pages

  Treinen, Roger ^a   Papalexopoulos, Alex ^a  

^a ECCO International   (United States)

Author keywords

FTR allocation; Hedging; Locational marginal pricing; Optimization; Point to point FTRs; Transmission rights; Wholesale electricity markets

Indexed keywords

CURVE FITTING;

FTR ALLOCATION; HEDGING; LOCATIONAL MARGINAL PRICING; OPTIMIZATION; POINT-TO-POINT FTRS; TRANSMISSION RIGHTS; WHOLESALE ELECTRICITY MARKETS;

MARKETING;

EID: 51549095380     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/PTC.2005.4524807     Document Type: Conference Paper

References (8)

1. Hung-po Chao, and Stephen Peck, "A Market Mechanism for Electric Power Transmission," Journal of Regulatory Economics, 10:1, 25-59, 1996.
2. Shmuel Oren, "Economic Inefficiency of Passive Transmission Rights in Congested Electricity Systems with Competitive generation," Energy Journal, 18(1): 63-84, January 1997.
3. Charles W. Richter, Jr., Avnaesh Jayantilal, Jayant Kumar, "Improving Market Participant Strategies with FTR Options," presented at the 2001 IEEE Winter Power Meeting.
4. Scott Harvey, William Hogan and Susan Pope, "Transmission Capacity Reservations and Transmission Congestion Contracts" Harvard University, 1996.
5. Robert Wilson, "Market Architecture," Presidential speech at the annual meeting of Econometrica Society.
6. Alex Papalexopoulos, Roger Treinen, "Transmission Rights Alternatives," presented at the 3rd Mediterranean Conference and Exhibition on Power Generation, Transmission, Distribution and Energy Conversion, Athens, Greece, 4-6, November 2002.
7. William Hogan, "Financial Transmission Rights Formulations" Harvard University, March 2002
8. Richard O'Neill, Udi Helman, Ross Baldick,William Stewart and Michael Rothkopf", "Contingent Transmission Rights in the Standard Market Design", IEEE Transactions on Power Systems, Vol. 18, Num. 4, November 2003, pages,1331-1337