Financial Transmission Rights Analysis, Experiences and Prospects /

• Corporate Author: SpringerLink (Online service)
• Other Authors: Rosellón, Juan (Editor), Kristiansen, Tarjei (Editor)
• Format: Electronic eBook
• Language: English
• Published: London : Springer London : Imprint: Springer, 2013.
• Series: Lecture Notes in Energy, 7
• Subjects: Energy.; Energy policy.; Energy and state.; Energy industries.; Industrial organization.; Energy Policy, Economics and Management.; Energy Economics.; Industrial Organization.

Whilst financial rights have appeared as a successful ingredient in North-American power markets, they have their shortcomings both theoretically and in practice. Financial Transmission Rights: Analysis, Experiences and Prospects present a systematic and comprehensive overview of financial transmiss...

Table of Contents:

• 1.Financial Transmission Rights: Point-to Point Formulations
• 2.Transmission Pricing
• 3.Point to Point and Flow-based Financial Transmission Rights: Revenue Adequacy and Performance Incentives
• 4.A Joint Energy and Transmission Rights Auction on a Network with Nonlinear Constraints: Design, Pricing and Revenue Adequacy
• 5.Generator Ownership of Financial Transmission Rights and Market Power
• 6.A Merchant Mechanism for Electricity Transmission Expansion
• 7.Mechanisms for the Optimal Expansion of Electricity Transmission Networks
• 8.Long Term Financial Transportation Rights: An Experiment
• 9.FTR Properties: Advantages and Disadvantages
• 10.FTRs and Revenue Adequacy
• 11.Trading FTRs: Real Life Challenges
• 12.Participation and Efficiency in the New York Financial Transmission Rights Markets
• 13.Experience with FTRs and Related Concepts in Australia and New Zealand
• 14.Transmission Rights in the European Market Coupling System: An Analysis of Current Proposals
• 15.Incentives for Transmission Investment in the PJM Electricity Market: FTRs or Regulation (or both?).