Peak-load Pricing for Electric Power Transmission

  title={Peak-load Pricing for Electric Power Transmission},
  author={Benoit S. Lecinq and Marija D. Ilie},
This paper provides a basic theoretical formulation of a peak-load pricing fo r transmission access charge. The cost of investment is explicitly taken into account in the objective function, to model the trade-off between network expansion and use of inexpensive generation. This approach introduces incentives f o r network expansion at the locations most beneficial to the customers. I n a well-defined open access environment, characterized by a single transmission service to all, this approach… CONTINUE READING
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