Power generation and transmission are complementary activities that must be coordinated to ensure an optimal use and development of the transmission network. This coordination is today more difficult in a liberalized system, because of unbundling and the freedom for investors to choose their generation technologies (Joskow, 2006). Shorter investment time between generation and network create uncertainty for the network planning and congestions. In the economic literature, the efficiency of anticipating generation investment has been under-evaluated assuming that it is a cost free activity. Our model evaluates the effect of anticipation costs and defines in which cases the previous results by Sauma and Oren (2006, 2007) could still hold.
In December 2024, in her mission letter to Commissioner Apostolos Tzitzikostas, President von der Leyen encouraged drafting a plan for an ambitious European High-Speed Rail Network to help connect EU [...]
In this article, we contribute to the legal scholarship on the interaction between EU data governance and electricity legislation, analysing the impact the Data Act could have on the sharing [...]
On 14 July 2021, the European Commission adopted a series of legislative proposals implementing its plan to achieve climate neutrality in the EU by 2050. These included an intermediate target [...]
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