Abstract
Current regulatory policy distinguishes transmission investments that have primarily economic benefits from those that primarily enhance reliability. But no such dichotomy exists; congestion and reliability are inter-related in complex ways. Thus, solving the transmission investment problem is more complex than "fixing" merchant transmission; investment in the grid must be treated as a systems problem.
Original language | English (US) |
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Pages (from-to) | 9-19 |
Number of pages | 11 |
Journal | Electricity Journal |
Volume | 21 |
Issue number | 2 |
DOIs | |
State | Published - Mar 2008 |
All Science Journal Classification (ASJC) codes
- Business and International Management
- Energy (miscellaneous)
- Management of Technology and Innovation
- Law