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Optimal transmission switching: economic efficiency and market implications

Author

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  • Kory Hedman
  • Shmuel Oren
  • Richard O’Neill

Abstract

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Suggested Citation

  • Kory Hedman & Shmuel Oren & Richard O’Neill, 2011. "Optimal transmission switching: economic efficiency and market implications," Journal of Regulatory Economics, Springer, vol. 40(2), pages 111-140, October.
    • Handle: RePEc:kap:regeco:v:40:y:2011:i:2:p:111-140
    DOI: 10.1007/s11149-011-9158-z
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    References listed on IDEAS

    as
    1. Hogan, William W, 1992. "Contract Networks for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 4(3), pages 211-242, September.
    2. O'Neill, Richard P. & Sotkiewicz, Paul M. & Hobbs, Benjamin F. & Rothkopf, Michael H. & Stewart, William R., 2005. "Efficient market-clearing prices in markets with nonconvexities," European Journal of Operational Research, Elsevier, vol. 164(1), pages 269-285, July.
    3. Seth Blumsack & Lester B. Lave & Marija Ilic, 2007. "A Quantitative Analysis of the Relationship Between Congestion and Reliability in Electric Power Networks," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 73-100.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Sahraei-Ardakani, Mostafa, 2018. "Merchant power flow controllers," Energy Economics, Elsevier, vol. 74(C), pages 878-885.
    2. Fang, Yiping & Sansavini, Giovanni, 2017. "Optimizing power system investments and resilience against attacks," Reliability Engineering and System Safety, Elsevier, vol. 159(C), pages 161-173.
    3. Atkinson, Travis R. & Preckel, Paul V. & Gotham, Douglas, 2021. "Long-term investment planning for the electricity sector in Small Island Developing States: Case study for Jamaica," Energy, Elsevier, vol. 228(C).

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    More about this item

    Keywords

    Optimal transmission switching; Financial transmission rights; Power generation dispatch; Power system economics; Power transmission economics; Revenue adequacy; L94;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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