A Scheme For Incentivizing Investment in Transmission Enhancements

Javier Contreras

No 19077, Working Paper Series from Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation

Abstract: Providing the right incentives for investment continues to be a major source of concern in the New Zealand electricity sector. This seminar outlines a decentralised incentive mechanism designed to encourage transmission investment within a competitive market environment based on a system that rewards investors according to the additional social welfare they create. This mechanism is then compared with a centralised system in which all decisions are made by a single transmission planner.To read the paper this presentation is based on click here.

Keywords: electricity; transmisson (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcsr:19077

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