This article considers the use of financial transmission rights for managing electricity provision on a power grid. The use of a sub-grid of hubs for dealing in these products is explored. Some suitable approaches to this practice are outlined. These identify the feasible size of sub-grid and locate additional constraints. References W. W. Hogan, Contract networks for electric power transmission, J. Regulatory Economics 4 (1992), 211--242. doi:10.1007/BF00133621 A. B. Philpott and G. Pritchard, Financial transmission rights in convex pool markets, Oper. Res. Letters, 32 (2004), 109--113. doi:10.1016/j.orl.2003.06.002
@article{6221, title = {A simplified financial transmission rights auction in the context of the New Zealand electricity grid}, journal = {ANZIAM Journal}, volume = {53}, year = {2013}, doi = {10.21914/anziamj.v54i0.6221}, language = {EN}, url = {http://dml.mathdoc.fr/item/6221} }
Pritchard, Geoffrey; Sweatman, Winston LeMay; Mohammadian, Ghazaleh; Kilby, Philip. A simplified financial transmission rights auction in the context of the New Zealand electricity grid. ANZIAM Journal, Tome 53 (2013) . doi : 10.21914/anziamj.v54i0.6221. http://gdmltest.u-ga.fr/item/6221/