• DocumentCode
    1030870
  • Title

    The rights to fight price volatility

  • Author

    Alsaç, O. ; Bright, J.M. ; Brignone, S. ; Prais, M. ; Silva, C. ; Stott, B. ; Vempati, N.

  • Author_Institution
    Power Applications Comput. Div., Nexant Inc., San Francisco, CA, USA
  • Volume
    2
  • Issue
    4
  • fYear
    2004
  • Firstpage
    47
  • Lastpage
    57
  • Abstract
    This article summarizes the basics of financial transmission rights (FTR) and the main market features and outlines current FTR issues and future prospects. This applies to any locational marginal pricing (LMP)-based markets, but specific references are made only to the experience and perspectives acquired so far in North America.
  • Keywords
    power markets; power transmission economics; pricing; LMP-based market; North America; congestion cost volatility; congestion price volatility; energy markets; financial transmission rights; independent system operator; online technologies; price volatility; Costs; ISO; Instruments; Load flow; North America; Power system modeling; Power systems; Power transmission lines; Pricing; Profitability;
  • fLanguage
    English
  • Journal_Title
    Power and Energy Magazine, IEEE
  • Publisher
    ieee
  • ISSN
    1540-7977
  • Type

    jour

  • DOI
    10.1109/MPAE.2004.1310873
  • Filename
    1310873
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=1030870