Title :
The economic analysis of transmission investment policies
Author :
Hesamzadeh, M.R.
Author_Institution :
Sch. of Electr. Eng., R. Inst. of Technol. (KTH), Stockholm, Sweden
Abstract :
This paper defines and discusses three types of benefits for economic analysis of transmission investment policies. These benefits are termed (1) The Efficiency Benefit, (2) The Static Competition Benefit, and (3) The Dynamic Competition Benefit. To provide more insights to these benefits, an example system is studied. The results show that a transmission network service provider can and should use the transmission investment policies to improve the competition (static and dynamic) in the supply electricity industry. Further research is necessary to model the static and dynamic competition benefit in the process of transmission expansion planning.
Keywords :
electricity supply industry; government policies; power markets; power transmission economics; power transmission planning; dynamic competition benefit; economic analysis; efficiency benefit; static competition benefit; supply electricity industry; transmission expansion planning; transmission investment policies; transmission network service provider; Electricity; Electricity supply industry; Generators; Investments; Planning; Power system dynamics;
Conference_Titel :
Energy Market (EEM), 2011 8th International Conference on the European
Conference_Location :
Zagreb
Print_ISBN :
978-1-61284-285-1
Electronic_ISBN :
978-1-61284-284-4
DOI :
10.1109/EEM.2011.5953063