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Designing regulatory frameworks for merchant transmission investments by real options analysis
2014
Energy Policy
In deregulated electricity markets, the transmission network is a key infrastructure for enabling competition in the generation sector. A deficient expansion of the transmission grid prevents the realization of the benefits in terms of efficiency associated with market mechanisms. Consequently, it is essential to provide clear investment policies and economic signals to attract timely and efficient transmission investments in order to develop the system at minimum cost meeting the requirements
doi:10.1016/j.enpol.2013.12.034
fatcat:sngfzxga5rhjbk3lvnstcr32sa