Revenue adequacy, shortfall allocation and transmission performance incentives in FTR/FGR markets

2010 IREP Symposium - Bulk Power System Dynamics and Control - VIII, IREP2010

Volumn , Issue , 2010, Pages

  Oren, Shmuel S ^a   Hedman, Kory W ^a  

^a UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

Financial Transmission Rights (FTR); Flowgate Right (FGR); Performance incentives; Revenue adequacy; Transmission investment

Indexed keywords

FINANCIAL TRANSMISSION RIGHT; FLOWGATE RIGHTS; PERFORMANCE INCENTIVES; REVENUE ADEQUACY; TRANSMISSION INVESTMENT;

COMMERCE; INVESTMENTS; SYSTEM THEORY;

ECONOMICS;

EID: 77958028609     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/IREP.2010.5563297     Document Type: Conference Paper

References (6)

1. Hogan, W.W., "Contract networks for electric power transmission," Journal of Regulatory Economics Vol. 4 (1992) pp. 211-242.
2. Chao H-P and S. Peck, "A Market Mechanism for Electric Power Transmission, Journal of Regulatory Economics, Vol 10, No 1 (1996) pp 25-59
3. Chao, H-P, S. Peck, S.S. Oren and R. B. Wilson, "Flow-Based Transmission Rights and Congestion Management" The Electricity Journal, Vol. 13, No. 8, (2000) pp. 38-58
4. Ruff, L.E., "Flowgates, Contingency-Constrained Dispatch, and Transmission Rights" The Electricity Journal, Vol. 14, No. 1, ( 2001), pp. 34-55.
5. O'Neill, R.P., U. Helman, B.F. Hobbs, W.R. Stewart, and M.H. Rothkopf, "A Joint Energy and Transmission Rights Auction: Proposal and Properties," IEEE Trans. Power Systems, 17(4), ( 2002), 1058-1067.
6. Hedman K., S.S. Oren and O'Neill, R.P., "Optimal Transmission Switching: When Economic Efficiency and FTR Markets Collide", Proceedings of the IDEI Conference on the Economics of Energy Markets, Toulouse France, January 28-29, 2010.