This review is motivated by our recognition that an adequate and reliable electricity supply is
a critical element in economic growth. From a customer's perspective, electricity has several …

In this paper, the main contributions to congestion management and electricity pricing, ie,
nodal, zonal, and uniform electricity pricing, are surveyed. The key electricity market …

The unbundling of the electricity industry introduced new uncertainties and escalated the
existing ones in transmission expansion planning. In this paper, a multi-stage transmission …

This viewpoint reviews renewable energy development in 14 markets that differ in market
structure (restructured vs. not restructured), use of feed-in-tariff (FIT)(yes vs. no) …

Integration of renewable energy resources into the power system has increased the financial
and technical concerns for the market-based transmission expansion planning. This paper …

Electricity market models, implemented as dynamic programming problems, have been
applied widely to identify possible pathways towards a cost-optimal and low carbon …

Power system operational uncertainties of load fluctuation, and unplanned outage of
generating units, or lines are normally handled by reserve generation or transmission …

The integration of markets may improve efficiency by lowering costs or reducing local market
power. India, seeking to reduce electricity shortages, set up a new power market, in which …

We develop a tri-level model of transmission and generation expansion planning in a
deregulated power market environment. Due to long planning/construction lead times and …

This paper proposes a transmission planning framework in a market environment in which
only the generation sector is deregulated. The proposed framework is based on modeling …