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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Correia, Pedro F. Contreras, Javier Garcia, Reinaldo C. |
| Copyright Year | 2007 |
| Description | Author affiliation: Member, IEEE, Instituto Superior Técnico, Technical University of Lisbon, 1049-001, Lisbon, Portugal. e-mail: pfcorreia@ist.utl.pt (Correia, Pedro F.) || Senior Member, IEEE, Escuela Técnica Superior de Ingenieros Industriales, University of Castilla - La Mancha, 13071 Ciudad Real, Spain. e-mail: Javier.Contreras@uclm.es (Contreras, Javier) || Consultant, PNUD Program (United Nations Program for Education, Science and Culture), 70000 Brasilia DF, Brazil. e-mail: rcgar@yahoo.com (Garcia, Reinaldo C.) |
| Abstract | The need for investment in the improvement and expansion of the electric transmission grid has not been met in the new competitive environment. Investment in transmission assets poses demanding challenges: multiplicity of players, market imperfections, among others. The integration of financial instruments poses also an additional level of complication, because investors wish to ensure steady long-term returns and to withstand short-term market volatility. This paper presents a specific contract as an example of model for valuation of transmission assets. The model is applied to the IEEE 14-bus RTS showing the approach capabilities as a decision-aid tool for transmission investors. |
| Starting Page | 2122 |
| Ending Page | 2127 |
| File Size | 452377 |
| Page Count | 6 |
| File Format | |
| ISBN | 9781424421893 |
| DOI | 10.1109/PCT.2007.4538646 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2007-07-01 |
| Publisher Place | Switzerland |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Investments Contracts Stochastic processes Costs Power generation economics Regulators Uncertainty Electricity supply industry Instruments Electricity supply industry deregulation Monte Carlo simulation Transmission investment electricity markets stochastic process |
| Content Type | Text |
| Resource Type | Article |
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