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System Planning under Competition

  • Raymond Coxe
  • Marija Ilić
Chapter
Part of the The Springer International Series in Engineering and Computer Science book series (PEPS)

Abstract

Having discussed the operation of electric systems under competition, we now consider the planning of electric systems in such environments. While the introduction of competition can significantly change the operation of an interconnected electric system in the near-term, the long-term effects on system planning may be even greater. In this chapter, we consider how the introduction of competition into an electric market affects the process of planning new generation and transmission investments.

Keywords

Electric Market Spot Market High Voltage Direct Current Transmission Price Transmission Constraint 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 1998

Authors and Affiliations

  • Raymond Coxe
    • 1
  • Marija Ilić
    • 2
  1. 1.NEES Global Transmission, Inc.WestboroughUSA
  2. 2.Department of Electrical Engineering and Computer ScienceMassachusetts Institute of TechnologyCambridgeUSA

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