traditions and is shown to apply well to electricity transmission pricing and investment. In particular, it induces immediately …

We examine the performance attributes of a merchant transmission investment framework that relies on market driven …' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent … monopoly problem traditionally associated with electricity transmission networks. We extend the merchant investment model to …

market power in wholesale electricity markets, lumpiness in transmission investment opportunities, stochastic attributes of …We examine the performance attributes of a merchant transmission investment framework that relies on 'market driven …' investment to increase transmission network capacity needed to support competitive wholesale markets for electricity. Under a …

We examine the performance attributes of a merchant transmission investment framework that relies on market driven …' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent … monopoly problem traditionally associated with electricity transmission networks. We extend the merchant investment model to …