Managing Uncertainty in Implementation Times of Competitively-Procured Transmission via Risk-Sharing and Winner Selection Functions
Autor: | Carmen L. T. Borges, Luiz Barroso, R. S. Ferreira |
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Rok vydání: | 2018 |
Předmět: |
Transmission (telecommunications)
Operations research Computer science 020209 energy 0202 electrical engineering electronic engineering information engineering Risk sharing Energy Engineering and Power Technology 02 engineering and technology Competitor analysis Electrical and Electronic Engineering Bidding Selection (genetic algorithm) |
Zdroj: | IEEE Transactions on Power Systems. 33:6951-6965 |
ISSN: | 1558-0679 0885-8950 |
DOI: | 10.1109/tpwrs.2018.2837383 |
Popis: | We develop a MILP framework to design risk-sharing and winner-selection mechanisms, applying a principal-agent approach to competitive bidding processes to select transmission agents, with attention to cases where uncertainties in implementation times of transmission facilities are an issue and regulators must deal with uncertain information regarding efficiency and risk-aversion of possible competitors. Conclusions are drawn with aid of case studies. |
Databáze: | OpenAIRE |
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