{"title":"电力市场中的金融传输权","authors":"V. Quintana, G. Bautista","doi":"10.1109/MELCON.2006.1653251","DOIUrl":null,"url":null,"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","PeriodicalId":299928,"journal":{"name":"MELECON 2006 - 2006 IEEE Mediterranean Electrotechnical Conference","volume":"14 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2006-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"Financial transmission rights in electricity market\",\"authors\":\"V. Quintana, G. Bautista\",\"doi\":\"10.1109/MELCON.2006.1653251\",\"DOIUrl\":null,\"url\":null,\"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\",\"PeriodicalId\":299928,\"journal\":{\"name\":\"MELECON 2006 - 2006 IEEE Mediterranean Electrotechnical Conference\",\"volume\":\"14 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2006-05-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"MELECON 2006 - 2006 IEEE Mediterranean Electrotechnical Conference\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1109/MELCON.2006.1653251\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"MELECON 2006 - 2006 IEEE Mediterranean Electrotechnical Conference","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/MELCON.2006.1653251","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Financial transmission rights in electricity market
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