DocumentCode
3488831
Title
Alternative valuation objectives for transmission investment in deregulated electricity markets
Author
Oren, Shmuel S. ; Sauma, Enzo
Author_Institution
Univ. of California at Berkeley, Berkeley
fYear
2005
fDate
27-30 June 2005
Firstpage
1
Lastpage
1
Abstract
Summary form only given. In a centralized market social welfare is the desired goal for investment and optimizing this objective will result in Pareto efficiency, assuming ";adequate and costless"; transfers among market participants. However, this principle is not always true in deregulated electricity systems, where such transfers are not always feasible due to jurisdictional constraints and market structure and even when attempted they are subject to many imperfections.
Keywords
electricity supply industry deregulation; investment; power transmission economics; Pareto efficiency; deregulated electricity markets; jurisdictional constraints; market structure; network expansion policy; optimization objectives; transmission investment; Cost accounting; Electricity supply industry; Electricity supply industry deregulation; Industrial power systems; Investments; Pareto optimization; Power engineering and energy; Power system reliability; Production; Reliability engineering;
fLanguage
English
Publisher
ieee
Conference_Titel
Power Tech, 2005 IEEE Russia
Conference_Location
St. Petersburg
Print_ISBN
978-5-93208-034-4
Electronic_ISBN
978-5-93208-034-4
Type
conf
DOI
10.1109/PTC.2005.4524802
Filename
4524802
Link To Document