Estimating the economic "trade" value of increased transmission capability

Andrew N. Kleit; James D. Reitzes

doi:10.1016/j.tej.2005.12.009

Estimating the economic "trade" value of increased transmission capability

Andrew N. Kleit, James D. Reitzes

John and Willie Leone Department of Energy & Mineral Engineering (EME)

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

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.

Original language	English (US)
Pages (from-to)	69-78
Number of pages	10
Journal	Electricity Journal
Volume	19
Issue number	2
DOIs	https://doi.org/10.1016/j.tej.2005.12.009
State	Published - Mar 2006

All Science Journal Classification (ASJC) codes

Business and International Management
Energy (miscellaneous)
Management of Technology and Innovation
Law

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10.1016/j.tej.2005.12.009

Cite this

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Estimating the economic "trade" value of increased transmission capability

Abstract

All Science Journal Classification (ASJC) codes

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