NDLI: Important practical considerations in designing an FTR market

Content Provider	IEEE Xplore Digital Library
Author	Treinen, R. Papalexopoulos, A.
Copyright Year	2005
Description	Author affiliation: ECCO Int., Inc., San Francisco (Treinen, R.; Papalexopoulos, A.)
Abstract	This paper presents the fundamental elements of a well functioning financial transmission rights (FTR) market that is necessary for supporting wholesale competitive electricity markets. Emphasis is placed on the practical considerations that need to be carefully evaluated in implementing an FTR market. The paper presents an analysis of the FTR procurement alternatives market participants can deploy for procuring financial instruments as part of their hedging strategy. The paper focuses on the FTR allocation approach as a key methodology for procuring FTRs. Two main considerations are presented; the eligibility rules and the validation rules. The paper finally presents various allocation methodologies and an analysis of the incentives of the associated objective formulations. A numerical example is presented to illustrate the market benefits of the simulated auction single round approach over the least squares approach with sequential rounds.
Starting Page	1
Ending Page	8
File Size	1538365
Page Count	8
File Format	PDF
ISBN	9785932080344
DOI	10.1109/PTC.2005.4524807
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2005-06-27
Publisher Place	Russia
Access Restriction	Subscribed
Rights Holder	Energy Systems Institute
Subject Keyword	Instruments Contracts Thermal stability Electricity supply industry IEEE members USA Councils Thermal factors Voltage Load flow Costs FTR Allocation Wholesale electricity markets transmission rights hedging locational marginal pricing optimization point-to-point FTRs
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Congestion revenue rights valuation and procurement-A load serving entity perspective

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Implementation of lossy FTRs for perfect risk hedging under the marginal loss pricing

Nodal price simulation in competitive electricity markets

Blocking Strategies against Financial Transmission Right's Market Power

Designing transmission rights to facilitate hedging

Locational marginal pricing in practice, the New York experience

Important practical considerations in designing an FTR market

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