Proactive planning and valuation of transmission investments in restructured electricity markets
Proactive planning and valuation of transmission investments in restructured electricity markets
复制标题
重组电力市场中输电投资的主动规划和评估
DOI:
10.1007/s11149-006-9012-x
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发表时间:
2006
影响因子:
1.1
通讯作者:
S. Oren
中科院分区:
文献类型:
--
作者:
E. Sauma;S. Oren
Traditional methods of evaluating transmission expansions focus on the social impact of the investments based on the current generation stock which may include firm generation expansion plans. In this paper, we evaluate the social welfare implications of transmission investments based on equilibrium models characterizing the competitive interaction among generation firms whose decisions in generation capacity investments and production are affected by both the transmission investments and the congestion management protocols of the transmission system operator. Our analysis shows that both the magnitude of the welfare gains associated with transmission investments and the location of the best transmission expansions may change when the generation expansion response is taken into consideration. We illustrate our results using a 30-bus network example.