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The rights to fight price volatility

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7 Author(s)
Alsac, O. ; Power Applications Comput. Div., Nexant Inc., San Francisco, CA, USA ; Bright, J.M. ; Brignone, S. ; Prais, M.
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This article summarizes the basics of financial transmission rights (FTR) and the main market features and outlines current FTR issues and future prospects. This applies to any locational marginal pricing (LMP)-based markets, but specific references are made only to the experience and perspectives acquired so far in North America.

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Power and Energy Magazine, IEEE  (Volume:2 ,  Issue: 4 )