Summary:
Since transmission rights are one of the key tools for furthering competition and market integration, transmission system operators should be required to auction all transmission rights backed by congestion rents. And the instrument of choice should be financial transmission rights.
DOI reference: https://doi.org/10.1016/j.tej.2013.12.001
Published on paper: January 2014.
Published on-line: January 2014.
Citation:
C. Batlle, P. Mastropietro, R. Gómez-Elvira, Toward a fuller integration of the EU electricity market: physical or financial transmission rights?. The Electricity Journal. Vol. 27, nº. 1, pp. 8 - 17, January 2014. [Online: January 2014]