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Title: Estimating the Economic 'Trade' Value of Increased Transmission Capability

Abstract

The authors offer a new method of estimating the potential gains achievable via transmission expansion in moving power from lower-priced to higher-priced regions. Rather than relying on simulation approaches, where electricity is dispatched based on specific assumptions regarding market-bidding behavior, plant generating costs, and plant availability, this technique instead relies on actual market data to estimate this source of economic value. (author)

Authors:
;
Publication Date:
OSTI Identifier:
20700745
Resource Type:
Journal Article
Resource Relation:
Journal Name: Electricity Journal; Journal Volume: 19; Journal Issue: 2; Other Information: Elsevier Ltd. All rights reserved
Country of Publication:
United States
Language:
English
Subject:
24 POWER TRANSMISSION AND DISTRIBUTION; 29 ENERGY PLANNING, POLICY AND ECONOMY; POWER TRANSMISSION; MARKET; PROFITS; TRADE; ECONOMICS; CALCULATION METHODS

Citation Formats

Kleit, Andrew N., and Reitzes, James D. Estimating the Economic 'Trade' Value of Increased Transmission Capability. United States: N. p., 2006. Web. doi:10.1016/j.tej.2005.12.009.
Kleit, Andrew N., & Reitzes, James D. Estimating the Economic 'Trade' Value of Increased Transmission Capability. United States. doi:10.1016/j.tej.2005.12.009.
Kleit, Andrew N., and Reitzes, James D. Wed . "Estimating the Economic 'Trade' Value of Increased Transmission Capability". United States. doi:10.1016/j.tej.2005.12.009.
@article{osti_20700745,
title = {Estimating the Economic 'Trade' Value of Increased Transmission Capability},
author = {Kleit, Andrew N. and Reitzes, James D.},
abstractNote = {The authors offer a new method of estimating the potential gains achievable via transmission expansion in moving power from lower-priced to higher-priced regions. Rather than relying on simulation approaches, where electricity is dispatched based on specific assumptions regarding market-bidding behavior, plant generating costs, and plant availability, this technique instead relies on actual market data to estimate this source of economic value. (author)},
doi = {10.1016/j.tej.2005.12.009},
journal = {Electricity Journal},
number = 2,
volume = 19,
place = {United States},
year = {Wed Mar 01 00:00:00 EST 2006},
month = {Wed Mar 01 00:00:00 EST 2006}
}