Robust transmission planning is critical for ensuring well-functioning electricity markets. This is particularly true in Alberta, which has a single market clearing price system and significant uncertainty in future load and generation growth. The authors find that a proposed north-south transmission expansion project in Alberta has the potential to reduce customer costs and mitigate the asymmetric risk of transmission shortages. Copyright © 2012 Elsevier Inc. All rights reserved.
|Publication status||Published - 2012|