Transmission Network Investment in Liberalized Power Markets

Thisbookprovidesa systematic overview of transmission network investment in liberalized power markets.Recentgovernment policies to increase the share of intermittent renewable powergeneration and other technological innovationspresentnew theoretical as well as practical challenges for transmission investments. Written by experts with a background in botheconomics and engineering, the book examines the economic and technical fundamentals of regulated and merchant transmission investment,and includescase studies of transmission investment ina number ofcountries. Thebook is dividedinto four parts: Part 1 introduces the basic economics and engineering of transmission network investment, while Part 2discussesmerchant investment inthetransmission network.Part 3 then examinestransmission investment coordination and smart grids,and lastly, Part 4 describespractical experiencesoftransmission network investment in power market in various countries.