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- W1571928647 abstract "In this paper, financial transmission rights (FTRs) are introduced. First, the basics of FTRs are presented; second, different markets of FTRs are described, namely: i) one-period, ii) multi-period and iii) multi-round, for both forwards and options. Finally, the interaction of FTRs and strategic bidding of generators is studied. It is shown how FTRs can exacerbate market power. Based on a DC-network approximation, a three-node system is used for illustrative purposes." @default.
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- W1571928647 date "2006-08-03" @default.
- W1571928647 modified "2023-09-26" @default.
- W1571928647 title "Financial Transmission Rights in Electricity Markets (Invited Paper)" @default.
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- W1571928647 doi "https://doi.org/10.1109/melcon.2006.1653251" @default.
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