Nowadays, an important increment in the integration of renewable generation to the energy matrix has been established to decarbonize the power sector. However, as renewables are generally located far from load centers, ...

This article focuses on investment on capacity expansion in a deregulated electric industry, under conditions of uncertainty. Particularly, it describes a framework for the application of the concepts of stochastic dominance ...

A proposal is made to analyze the problem of investments under uncertainty in electric power generation through the development of a methodology that uses real options and electric prices modeling. A trinomial tree numerical ...

This paper explains the way in which the current U.S. electric system contains insufficient incentives for long-term investments in transmission. Moreover, it highlights some key issues that should be considered to improve ...

This paper examines the incentives that generation firms have in restructured electricity markets for supporting long-term transmission investments. In particular, we study whether generation firms, which arguably play a ...

The implementation of auctions of long-term electricity contracts is arising as an alternative to ensure generation investment and therefore achieve a reliable electricity supply. The aim is to reconcile generation adequacy ...

Under the need for anticipatory efficient investment in transmission, several problems arise at the regulation and incentives level; economies of scale justify carrying out larger initial transmission investments that ...

In the new environmental era, electricity markets change rapidly, requiring dynamic strategic responses from market agents and regulators. In this paper, we study the intertemporal dimension of the network planner decision ...

This article analyses the impact of public investment on private investment. Apart from purely ideological aspects, two opposing interpretations may be distinguished with regard to the relationship between these variables. ...