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Conference Paper: Transmission Investment and Planning in Deregulated Market Environment: A Literature Survey (Part 2)

TitleTransmission Investment and Planning in Deregulated Market Environment: A Literature Survey (Part 2)
Authors
Issue Date2005
PublisherActa Press
Citation
IASTED International Conference on Energy and Power Systems, Krabi, Thailand, 18-20 April 2005, p. 235-244 How to Cite?
AbstractThis paper is the second half of a 2-part paper that provided details of a comprehensive survey of issues related to transmission investment and expansion planning in the electricity market. Results of the survey suggested that transmission regulation is needed to provide a fair playing field for competition and to ensure that transmission networks are optimally expanded while also meeting reliability constraints. Regulations will create further incentives for cost reduction while ensuring that regulated firms have assurance of cost recovery. Transmission planning should be controlled or monitored by a government organization or regulator. Legislation is needed to ensure that regulatory authorities can enforce reliability criteria. Mandatory reliability standards and metrics for reliability services should be implemented. The economic benefits of transmission expansion in a deregulated market should be modelled using non-deterministic approaches. It was concluded that transmission expansion plans should be able to meet future transmission capacity requirements, secure returns on investment, and ensure reliability levels for customers. Various international transmission expansion plans were also provided.
Persistent Identifierhttp://hdl.handle.net/10722/99046
ISBN
ISSN

 

DC FieldValueLanguage
dc.contributor.authorWen, Fen_HK
dc.contributor.authorWu, FFen_HK
dc.date.accessioned2010-09-25T18:13:39Z-
dc.date.available2010-09-25T18:13:39Z-
dc.date.issued2005en_HK
dc.identifier.citationIASTED International Conference on Energy and Power Systems, Krabi, Thailand, 18-20 April 2005, p. 235-244-
dc.identifier.isbn0-88986-494-2-
dc.identifier.issn1482-7891-
dc.identifier.urihttp://hdl.handle.net/10722/99046-
dc.description.abstractThis paper is the second half of a 2-part paper that provided details of a comprehensive survey of issues related to transmission investment and expansion planning in the electricity market. Results of the survey suggested that transmission regulation is needed to provide a fair playing field for competition and to ensure that transmission networks are optimally expanded while also meeting reliability constraints. Regulations will create further incentives for cost reduction while ensuring that regulated firms have assurance of cost recovery. Transmission planning should be controlled or monitored by a government organization or regulator. Legislation is needed to ensure that regulatory authorities can enforce reliability criteria. Mandatory reliability standards and metrics for reliability services should be implemented. The economic benefits of transmission expansion in a deregulated market should be modelled using non-deterministic approaches. It was concluded that transmission expansion plans should be able to meet future transmission capacity requirements, secure returns on investment, and ensure reliability levels for customers. Various international transmission expansion plans were also provided.-
dc.languageengen_HK
dc.publisherActa Press-
dc.relation.ispartofIASTED International Conference on Energy and Power Systemsen_HK
dc.titleTransmission Investment and Planning in Deregulated Market Environment: A Literature Survey (Part 2)en_HK
dc.typeConference_Paperen_HK
dc.identifier.emailZheng, F: fl_zh@163.comen_HK
dc.identifier.emailWen, F: wenfs@hotmail.comen_HK
dc.identifier.emailWu, FF: ffwu@eee.hku.hken_HK
dc.identifier.authorityWu, FF=rp00194en_HK
dc.identifier.hkuros101577en_HK

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