2020

Transmission Network Investment Across National Borders: The Liberalized Nordic Electricity Market

Reprint No. 2020:80

Author(s): Lars Persson and Thomas TangeråsYear: 2020 Title: Transmission Network Investment in Liberalized Power Markets Editor(s): Mohammad Reza Hesamzadeh, Juan Rosellón and Ingo VogelsangPublisher: SpringerCity: Cham Pages: 557–594
Online article (restrictions may apply)
Preliminary version

The world’s first multinational electricity market was formed with the creation of the Nordic power exchange, Nord Pool. We analyze the incentives to undertake transmission network investment in the context of the liberalized Nordic electricity market. Welfare improving investment in a multinational electricity market requires accounting for the cross-border effects of capacity expansion.

We propose methods to increase voluntary cooperation on international infrastructure projects, with an aim to increase aggregate efficiency and achieve equitable distribution of the gains from market integration.

Reference:
Persson, Lars and Thomas Tangerås (2020), "Transmission Network Investment Across National Borders: The Liberalized Nordic Electricity Market". Pp. 557–594 in Mohammad Reza Hesamzadeh, Juan Rosellón and Ingo Vogelsang, eds., Transmission Network Investment in Liberalized Power Markets. Cham: Springer.

Lars Persson

Contact

Ph: +46 8 665 4504
lars.persson@ifn.se

Thomas Tangerås

Contact

Ph: +46 8 665 4526
Mob: +46 70 727 5448
thomas.tangeras@ifn.se

Interdisciplinary European Studies

The European Union and the Return of the Nation State

9783030350048_200x_the-european-union-and-the-return-of-the-nation-state.jpg

This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

About the book

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