DocumentCode :
3092535
Title :
Portfolio Optimization in Transmission Investment in Deregulated Market
Author :
Lee, C.W. ; Ng, Simon K K ; Zhong, J.
Author_Institution :
Dept. of Electr. & Electron. Eng., Univ. of Hong Kong, Hong Kong
fYear :
2007
fDate :
24-28 June 2007
Firstpage :
1
Lastpage :
8
Abstract :
Transmission expansion planning (TEP) has faced a significant change since the deregulation of power systems. In the past decade, transmission investment has slowed down due to the increased conflicting objectives and uncertainties. In this paper, transmission investment is proposed to be open to public with merchant and regulated transmission investment pattern in either risk-free or risky investing environment. With the use of portfolio theory, risk in investing transmission expansion project is reduced. The proposed model makes merchant and regulated transmission investment be more attractive to both transmission company and public investors.
Keywords :
investment; power markets; power system economics; power system management; power system planning; power transmission lines; deregulated market; portfolio optimization; portfolio theory; transmission expansion planning; transmission investment; Bioreactors; Electricity supply industry deregulation; Finance; Investments; Monopoly; Portfolios; Power system planning; Power transmission lines; Privatization; Uncertainty; deregulation; portfolio optimization; transmission expansion planning; transmission investment; transmission planning;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Power Engineering Society General Meeting, 2007. IEEE
Conference_Location :
Tampa, FL
ISSN :
1932-5517
Print_ISBN :
1-4244-1296-X
Electronic_ISBN :
1932-5517
Type :
conf
DOI :
10.1109/PES.2007.385478
Filename :
4275360
Link To Document :
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