• Corpus ID: 248721694

Welfare compensation in international transmission expansion planning under uncertainty

@inproceedings{Beesten2022WelfareCI,
  title={Welfare compensation in international transmission expansion planning under uncertainty},
  author={E. Ruben van Beesten and Ole Kristian rAdnanes and Hrakon Morken Linde and Paolo Pisciella and Asgeir Tomasgard},
  year={2022}
}
In transmission expansion planning, situations can arise in which an expansion plan that is optimal for the system as a whole is detrimental to a specific country in terms of its expected economic welfare. If this country is one of the countries hosting the planned capacity expansion, it has the power to veto the plan and thus, undermine the system-wide social optimum. To solve this issue, welfare compensation mechanisms may be constructed that compensate suffering countries and make them willing… 

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