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Author (up) Kristiansen, M.; Munoz, F.D.; Oren, S.; Korpas, M. pdf  doi
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  Title A Mechanism for Allocating Benefits and Costs from Transmission Interconnections under Cooperation: A Case Study of the North Sea Offshore Grid Type Journal Article
  Year 2018 Publication Energy Journal Abbreviated Journal Energy J.  
  Volume 39 Issue 6 Pages 209-234  
  Keywords Cooperative game theory; Cost-benefit allocation; Transmission expansion planning  
  Abstract We propose a generic mechanism for allocating the benefits and costs that result from the development of international transmission interconnections under a cooperative agreement. The mechanism is based on a planning model that considers generation investments as a response to transmission developments, and the Shapley Value from cooperative game theory. This method provides a unique allocation of benefits and costs considering each country's average incremental contribution to the cooperative agreement. The allocation satisfies an axiomatic definition of fairness. We demonstrate our results for three planned transmission interconnections in the North Sea and show that the proposed mechanism can be used as a basis for defining a set of Power Purchase Agreements among countries. This achieves the desired final distribution of economic benefits and costs from transmission interconnections as countries trade power over time. We also show that, in this case, the proposed allocation is stable.  
  Address [Kristiansen, Martin; Korpas, Magnus] Norwegian Univ Sci & Technol, Dept Elect Power Engn, Trondheim, Norway, Email: martin.kristiansen@ntnu.no  
  Corporate Author Thesis  
  Publisher Int Assoc Energy Economics Place of Publication Editor  
  Language English Summary Language Original Title  
  Series Editor Series Title Abbreviated Series Title  
  Series Volume Series Issue Edition  
  ISSN 0195-6574 ISBN Medium  
  Area Expedition Conference  
  Notes WOS:000447750400010 Approved no  
  Call Number UAI @ eduardo.moreno @ Serial 922  
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