IDEAS home Printed from https://ideas.repec.org/a/eee/jelect/v22y2009i9p47-57.html
   My bibliography  Save this article

Efficiency and Profit in the NYISO Transmission Congestion Contract Market

Author

Listed:
  • Hadsell, Lester
  • Shawky, Hany A.

Abstract

Evidence of speculator profit and TCC price less than congestion charges suggests that additional competition in the TCC auction should be encouraged as a way to increase efficiency and lower the price of this "insurance" for hedgers.

Suggested Citation

  • Hadsell, Lester & Shawky, Hany A., 2009. "Efficiency and Profit in the NYISO Transmission Congestion Contract Market," The Electricity Journal, Elsevier, vol. 22(9), pages 47-57, November.
    • Handle: RePEc:eee:jelect:v:22:y:2009:i:9:p:47-57
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1040-6190(09)00252-8
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gauthier, Geneviève & Godin, Frédéric & Trudeau, Gabrielle, 2023. "Pricing inconsistency between the futures and Financial Transmission Right markets in North America," Energy Economics, Elsevier, vol. 126(C).
    2. Adamson, Seabron & Noe, Thomas & Parker, Geoffrey, 2010. "Efficiency of financial transmission rights markets in centrally coordinated periodic auctions," Energy Economics, Elsevier, vol. 32(4), pages 771-778, July.
    3. Leslie, Gordon W., 2021. "Who benefits from ratepayer-funded auctions of transmission congestion contracts? Evidence from New York," Energy Economics, Elsevier, vol. 93(C).
    4. Mount, Timothy D. & Ju, Jaeuk, 2014. "An econometric framework for evaluating the efficiency of a market for transmission congestion contracts," Energy Economics, Elsevier, vol. 46(C), pages 176-185.
    5. Newbery, David & Pollitt, Michael G. & Ritz, Robert A. & Strielkowski, Wadim, 2018. "Market design for a high-renewables European electricity system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 91(C), pages 695-707.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jelect:v:22:y:2009:i:9:p:47-57. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600875/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.