Using market simulations for economic assessment of transmission upgrades: Application of the California ISO approach
ML Awad, KE Casey, AS Geevarghese… - Restructured Electric …, 2010 - Wiley Online Library
ML Awad, KE Casey, AS Geevarghese, JC Miller, AF Rahimi, AY Sheffrin, M Zhang…
Restructured Electric Power Systems, 2010•Wiley Online Library… This chapter summarizes the elements of the TEAM methodology for assessing the
economic benefits of transmission expansions for wholesale market environments (Section
7.2). To illustrate its use, we summarize its application to a proposed transmission upgrade (Palo
Verde-Devers 2, PVD2)(Section 7.3). We describe particular modeling procedures we used
for the risk and market power analyses, which are new in transmission planning practice.
We also summarize some issues that arise in …
economic benefits of transmission expansions for wholesale market environments (Section
7.2). To illustrate its use, we summarize its application to a proposed transmission upgrade (Palo
Verde-Devers 2, PVD2)(Section 7.3). We describe particular modeling procedures we used
for the risk and market power analyses, which are new in transmission planning practice.
We also summarize some issues that arise in …
The need for new transmission planning processes that respond to the demands of a restructured power industry is widely acknowledged [1–10]:
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