Flow-Based Transmission Rights and Congestion Management

By Hung-Po Chao, S. Peck, Shmuel S. Oren, Robert B. Wilson. 2000

199 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering, Safety, Risk, Reliability and Quality

View Paper: https://www.semanticscholar.org/paper/6eb22d8020d3a75c788d8321db07a9238304d4e1

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In Electrical and Electronic Engineering

In Safety, Risk, Reliability and Quality

Citations in the corpus

Dispatchable transmission in RTO markets (2005, unknown): “[13], Hogan [14], [15], and Ruff [16]).”
Inefficiencies in European congestion management proposals (2005, background): “Node quantity nodal price Line flow on line 1 300 25 ( 1-6 ) 200”
Securing the public interest in electricity generation markets. The myths of the invisible hand and the copper plate (2004, background): “This way the capacity of the network is used more efficiently, while the market still has the benefits of a simple auction procedure (Chao et al., 2000).”
Large-Scale Integration of Deferrable Demand and Renewable Energy Sources (2014, background): “charges that the aggregator can hedge by buying financial transmission rights (FTRs) [35].”
Electricity derivatives and risk management (2006, background): “There are two major proposals for using financial instruments as transmission rights in US: (a) the point-to-point financial transmission rights (FTRs) [22–24]; and (b) the flowgate rights (FGRs) [25,26], as outlined in the Standard Market Design (SMD) put forth by the Federal Energy Regulatory Comm”
A Reinforcement Learning Algorithm for Market Participants in FTR Auctions (2007, background): “A FGR of these links is practically firm, but there is always a risk that the uncovered links might become congested [6].”
Market-Based Coordination of Transmission and Generation Capacity Planning (2007, background): “A dispatchable flowgate is a transmission capacity for which bids are submitted to the market [4] and [5].”
Transmission investment and expansion planning in a restructured electricity market (2006, background): “Two types of financial transmission rights have been proposed and implemented: point-to-point financial transmission rights (FTR) [16] and financial flowgate rights (FGR) [17].”
Cost-Optimal Power System Extension under Flow-Based Market Coupling (2014, methodology): “2The aggregation was done due to very long computational times 3For a general discussion of flow-based transmission rights and congestion management see [16].”