Regulated cross-border transmission investment in Europe
Meeus, Leonardo Purchala, K. Van Hertem, Dirk Belmans, Ronnie
Meeus, Leonardo
Purchala, K.
Van Hertem, Dirk
Belmans, Ronnie
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Publication Type
Journal article with impact factor
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Supervisor
Publication Year
2006
Journal
European Transactions on electrical power
Book
Publication Volume
16
Publication Issue
6
Publication Begin page
591
Publication End page
601
Publication NUmber of pages
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Abstract
In a liberalized market, generation and transmission investment decisions are decoupled, so that more grid is necessary. The European transmission grid is the backbone of the internal electricity market that besides serving the market has to ensure security of supply and to allow connecting renewables. Transmission grid investments are clearly needed, especially to increase the scarcely available cross-border transfer capacities. The regulatory framework in which these investments are to take place is discussed in this paper. The authors evaluate whether the regulation that is already in place will deliver the investments crucial for the success of the liberalization process in Europe
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Keywords
Energy Markets, Investments, Europe, Electricity Supply Industry, Spine, Power Generation, Security, Joining Processes, Power System Economics, International Trade,