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Managing Transmission Curtailment Risk in Wholesale Power Markets

Mathew J. Morey and Laurence D. Kirsch

The Electricity Journal, 2009, vol. 22, issue 9, 26-37

Abstract: Risk resulting from transmission loading relief calls made by transmission system operators can be managed with information estimated by a statistical model capable of predicting one day in advance the probability that a particular wholesale power transaction might be curtailed. The model predicts this probability with a reasonable degree of accuracy using information on variables that can be obtained publicly.

Date: 2009
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