Power Transmission Network Investment as an Anticipation Problem

摘要: Power generation and transmission are complementary activities that must be coordinated to ensure an optimal use development of the network. This coordination is today more difficult in a liberalized system, because unbundling freedom for investors choose their technologies (Joskow, 2006). Shorter investment time between network create uncertainty planning congestions. In economic literature, efficiency anticipating has been under-evaluated assuming it cost free activity. Our model evaluates effect anticipation costs defines which cases previous results by Sauma Oren (2006, 2007) could still hold.