A simplified financial transmission rights auction in the context of the New Zealand electricity grid

Geoffrey Pritchard, W Sweatman, Ghazaleh Mohammadian, P Kirby

    Research output: Contribution to journalArticle

    1 Citation (Scopus)

    Abstract

    This article considers the use of financial transmission rights for managing electricity provision on a power grid. The use of a subgrid 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.

    Original languageEnglish
    Pages (from-to)83-104
    Number of pages22
    JournalJournal of the Australian Mathematical Society
    Volume54
    Issue numberSUPPL
    Publication statusPublished - 2012

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