Proactive transmission investment in competitive power systems

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dc.catalogadorgrr
dc.contributor.authorSauma, Enzo E.
dc.contributor.authorOren, Shmuel S.
dc.date.accessioned2024-05-29T14:30:40Z
dc.date.available2024-05-29T14:30:40Z
dc.date.issued2006
dc.description.abstractWe formulate a three-period model for studying how the exercise of local market power by generation firms affects the equilibrium investment between the generation and the transmission sectors. Using a 30-bus network example, we compare the transmission investment decisions made by a "proactive" network planner (who proactively plans transmission investments to induce a more socia By -efficient equilibrium of generation investments) with both those made by an integrated-resources planner (who jointly plans generation and transmission expansions) and those made by a "reactive' network planner (who plans transmission investments only considering the currently installed generation capacities). We show that, although a proactive network planner cannot do better (in terms of social welfare) than an integrated -resources planner, it can recoup some of the lost welfare due to the separation of generation and transmission planning by proactively expanding transmission capacity. Conversely, a reactive network planner, who ignores the interrelationship between the transmission and the generation investments, foregoes this opportunity.
dc.description.funderCenter for Electric Reliability Technology Solutions (CERTS) through a grant from the Department of Energy
dc.format.extent2 páginas
dc.fuente.origenWOS
dc.identifier.isbn978-1424404926
dc.identifier.issn1932-5517
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/85946
dc.identifier.urichrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://oren.ieor.berkeley.edu/pubs/I.B.145.pdf
dc.identifier.wosidWOS:000247080003037
dc.language.isoen
dc.nota.accesocontenido completo
dc.pagina.inicio2710
dc.publisherIEEE
dc.relation.isformatofGeneral Meeting of the Power-Engineering-Society, JUN 18-22, 2006, Montreal, CANADA
dc.rightsacceso abierto
dc.subjectCournot-Nash equilibrium
dc.subjectmarket power
dc.subjectmathematical programming
dc.subjectmathematical program with equilibrium constraints
dc.subjectnetwork expansion planning
dc.subjectpower system economics
dc.subjectMARKET POWER
dc.subjectRIGHTS
dc.subjectNETWORKS
dc.subject.ods07 Affordable and clean energy
dc.subject.odspa07 Energía asequible y no contaminante
dc.titleProactive transmission investment in competitive power systems
dc.typecomunicación de congreso
sipa.trazabilidadWOS;05-06-2021
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