The Impact of Transmission Pricing in Network Industries
作者： Dominic Ruderer
DOI: 10.17863/CAM.1035
关键词:
摘要: The allocation of scarce transmission resources has a considerable impact on investment incentives in network industries. We study the long term effects two common management regimes production and facilities. In one case constraints are directly taken into account through locationally differentiated market prices (simultaneous clearing). other case, uniform price is implemented resolved subsequent congestion (sequential While simultaneous clearing produces efficient outcome, sequential leads to overinvestment generation capacity, as we show. These findings contribute debate electricity pricing.
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