• DocumentCode
    2385558
  • Title

    Impact of Market Prices on the Economic Feasibility of Transmission Expansions

  • Author

    Toolson, Eric ; Sheffrin, Anjali

  • fYear
    2006
  • fDate
    21-24 May 2006
  • Firstpage
    1359
  • Lastpage
    1362
  • Abstract
    The economic viability of transmission expansion is a function of market prices throughout the impacted region. Various methods have been utilized to simulate market prices. This article summarizes an empirical approach developed by the California Independent System Operators (CAISO) using dynamic bids that change hourly based on system conditions and the relative influence of critical suppliers
  • Keywords
    power markets; power transmission economics; pricing; CAISO; California Independent System Operators; critical suppliers; economic feasibility; market prices; transmission expansions; Analytical models; Costs; Councils; Economic forecasting; ISO; Power generation economics; Predictive models; Production; Project management; Transmission lines;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Transmission and Distribution Conference and Exhibition, 2005/2006 IEEE PES
  • Conference_Location
    Dallas, TX
  • Print_ISBN
    0-7803-9194-2
  • Type

    conf

  • DOI
    10.1109/TDC.2006.1668712
  • Filename
    1668712