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dc.contributor.authorRuiz, Erixen
dc.contributor.authorRosellón, Juanen
dc.date.accessioned2012-08-24-
dc.date.accessioned2012-08-24T14:08:55Z-
dc.date.available2012-08-24T14:08:55Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/61313-
dc.description.abstractThis research presents an application of the Hogan, Rosellón and Vogelsang (2010) (HRV) mechanism to promote electricity transmission network expansion in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico Interconectado Nacional). The HRV mechanism combines the merchant and regulatory approaches to promote investment into transmission grids. This mechanism gives incentives for efficient investment in expansion of the network by the rebalancing over time of the fixed and variable charges of a two-part tariff in the framework of a wholesale electricity market with locational pricing. The expansion of the network is carried out through the sale of Financial Transmission Rights (FTR's) for the congested lines. The mechanism is applied for 103 nodes of the SEIN using detailed characteristics of generators, nodes and transmission lines. Under Laspeyres weights and linear cost of expansion of transmission capacity, it is shown that prices converge to lower levels as a result of increased transmission capacity.en
dc.language.isoengen
dc.publisher|aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlinen
dc.relation.ispartofseries|aDIW Discussion Papers |x1171en
dc.subject.jelL51en
dc.subject.jelL91en
dc.subject.jelL94en
dc.subject.jelQ40en
dc.subject.ddc330en
dc.subject.keywordElectricity transmission expansionen
dc.subject.keywordincentive regulationen
dc.subject.keywordPeruen
dc.subject.keywordcongestion managementen
dc.titleTransmission investment in the Peruvian electricity market: Theory and applications-
dc.typeWorking Paperen
dc.identifier.ppn722227663en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:diw:diwwpp:dp1171en

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