Market-based valuation of transmission network expansion. A heuristic application in GB

Transmission investments are currently needed to meet an increasing electricity demand, to address security of supply concerns, and to reach carbon emissions targets. A key issue when assessing the benefits from an expanded grid concerns the valuation of the uncertain cash flows that result from the...

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Bibliographic Details
Main Authors: Chamorro, Jose M., Abadie, Luis M., de Neufville, Richard, Ilic, Marija
Format: Working Paper
Language:en_US
Published: Massachusetts Institute of Technology. Engineering Systems Division 2016
Online Access:http://hdl.handle.net/1721.1/102834

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