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Managing uncertainty in implementation times of competitively-procured transmission via risk-sharing and winner selection functions

R.S. Ferreira, C.L.T. Borges, L.A. Barroso

IEEE Transactions on Power Systems Vol. 33, nº. 6, pp. 6951 - 6965

Resumen:
We develop a MILP framework to optimally design risk-sharing/winner-selection mechanisms, applying a principal-agent approach to bidding processes to select transmission agents, with attention to cases when uncertainties in implementation times of transmission facilities are an issue and regulators must deal with uncertain information regarding efficiency and risk-aversion of possible bidders. Conclusions are drawn with aid of case studies.


Palabras Clave: Transmission implementation, risk-sharing, winner-selection, principal-agent approach, competitive bidding.


Índice de impacto JCR y cuartil WoS: 6,807 - Q1 (2018); 6,600 - Q1 (2022)

Referencia DOI: DOI icon https://doi.org/10.1109/TPWRS.2018.2837383

Publicado en papel: Noviembre 2018.

Publicado on-line: Mayo 2018.



Cita:
R.S. Ferreira, C.L.T. Borges, L.A. Barroso, Managing uncertainty in implementation times of competitively-procured transmission via risk-sharing and winner selection functions. IEEE Transactions on Power Systems. Vol. 33, nº. 6, pp. 6951 - 6965, Noviembre 2018. [Online: Mayo 2018]


    Líneas de investigación:
  • Modelos estratégicos de ofertas
  • Diseño y regulación de mercados energéticos
  • Regulación de las infraestructuras energéticas de redes: Transporte y distribución

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