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Main Title: FTR allocations to ease transition to nodal pricing: An application to the German power system
Author(s): Kunz, Friedrich
Neuhoff, Karsten
Rosellón, Juan
Type: Article
Abstract: A shift from zonal to nodal pricing improves the efficiency of system operation. However, resulting price changes also shift surplus across generation and loads at different locations. As individual actors can lose, they might oppose any reform. We explore how allocation of financial transmission rights can be used to mitigate the distributional impact. The fundamental effects with regard to reference node/hub for FTRs, the share of FTRs to be freely allocated and the metric to determine the proportion of rights allocated are explored. We test the results in a setting based on the hourly modeling of the German power system at nodal representation.
Subject(s): financial transmission rights
nodal prices
congestion management
Issue Date: 23-Sep-2016
Date Available: 19-Nov-2020
Language Code: en
DDC Class: 330 Wirtschaft
Sponsor/Funder: BMWi, 03MAP316, SEEE - Sektorkopplung und Europäische Integration für Entwicklungspfade des Energiesystems
BMWi, 03MAP274, Umsetzung der EU-Richtlinie Erneuerbare Energien vor dem Hintergrund der Diskussion um ein europäisches Marktdesign mit Blick auf die Integration der Erneuerbaren Energien
Journal Title: Energy Economics
Publisher: Elsevier
Volume: 60
Publisher DOI: 10.1016/j.eneco.2016.09.018
Page Start: 176
Page End: 185
EISSN: 1873-6181
ISSN: 0140-9883
TU Affiliation(s): Fak. 5 Verkehrs- und Maschinensysteme » Inst. Land- und Seeverkehr (ILS) » FG Kraftfahrzeuge
Appears in Collections:Technische Universität Berlin » Publications

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