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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Ilic, M. |
| Copyright Year | 1999 |
| Description | Author affiliation: MIT, Cambridge, MA, USA (Ilic, M.) |
| Abstract | In today's integrated electricity supply industry, transmission is seen as an (economic) complement to generation. The generation of power and the service of moving it from one node of the grid to another are bundled into a single product called electricity. Transmission and generation resources are planned and operated by a same entity. As a result, transmission costs, mainly consisting of investment costs, are considered common costs and are recovered under the current cost-based regulatory structure through a single bundled price of electricity, which is based on average costs. Transmission pricing is not used as an active signal to shape the generation and consumption of electricity. Here, the author describes how, as the industry is moving toward full open access, the role of transmission has to be redefined and he discusses the objectives of power transmission pricing under open access. |
| Starting Page | 392 |
| Ending Page | 393 |
| File Size | 124954 |
| Page Count | 2 |
| File Format | |
| ISBN | 0780348931 |
| DOI | 10.1109/PESW.1999.747486 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 1999-01-31 |
| Publisher Place | USA |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Pricing Costs Power generation Electricity supply industry Power system economics Power generation economics Mesh generation Investments Signal generators Energy consumption |
| Content Type | Text |
| Resource Type | Article |
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