Background | 2011 | 2004 | 2003 | 2002 | 2001 | 1998-2000

Commercial transmission investments made in response to market-based incentives. The return on investment depends on a combination of sales of transmission rights or profits from locational arbitrage of energy prices. The investment does not add to a regulated rate base or qualify for a regulatory recovery mechanism. The full market risk and reward accrue to the transmission investors.

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Littlechild, Stephen. "Merchant and regulated transmission: theory, evidence and policy." Mimeo, September 15, 2011.

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Littlechild, Stephen. Regulated and Merchant Interconnectors in Australia: SNI and Murraylink Revisited. CSI Working Paper 37. 13 January 2004. 54 pages.

Littlechild, Stephen and Carlos Skerk. Regulation of Transmission Expansion in Argentina: Part I – State Ownership, Reform and the Fourth Line. CMI Working Paper 61. 15 November 2004. 76 pages.

Littlechild, Stephen and Carlos Skerk. Regulation of Transmission Expansion in Argentina: Part II - Developments Since the Fourth Line. CMI Working Paper 62. 15 November 2004. 76 pages.

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Littlechild, Stephen. Transmission regulation, merchant investment, and the experience of SNI and Murraylink in the Australian National Electricity Market. 12 June 2003, 50 pages.

Energy Security Analysis (ESAI). ESAI's Proposal to Accelerate AC Merchant Transmission. 27 March 2003. Paper, 4 pages.

Federal Energy Regulatory Commission. Order Accepting Tariff Sheets Subject to Conditions. Merchant transmission in the PJM tariff. 12 March 2003. Docket No. ER03-405-000. 17 pages.

Krapels, Edward. Merchant Transmission. March 2003. Presentation, 35 slides.

Joskow, Paul and Jean Tirole. Merchant Transmission Investment. 10 February 2003. Paper, 64 pages.

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Rotger, Jose. Reconciling Market-Based Transmission and Planning. 24 January 2002. Presentation, 19 pages.

Chandley, John and William Hogan. Independent Transmission Companies in a Regional Transmission Organization.
22 December 2001 (revised 8 January 2002). Paper, 22 pages.

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Cook, A.S., and R.L. Coxe. A Review of the Financial Risk Profile of Transmission and Distribution Companies in Australia. November 2001. Paper, 7 pages.

Rotger, Jose and Frank Felder. Promoting Efficient Transmission Investment: The Role of The Market in Expanding Transmission Infrastructure. November 2001. Paper, 58 pages.

Federal Energy Regulatory Commission. Order Finding Filing Deficient: Northeast Utilities Service Company. Docket No. ER01-2584-000. 11 October 2001. 8 pages.

Federal Energy Regulatory Commission. Order Approving Proposal Subject To Conditions: Neptune Regional Transmission System.Docket No. ER01-2099-000. 27 July 2001. 10 pages.

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Federal Energy Regulatory Commission. Order Approving Proposal Subject to Conditions: TransEnergie US, Ltd. Cross Sound Cable Project. Docket No. ER00-1-000. 1 June 2000. 16 pages.

Coxe, R.L., and Jose Rotger. Cross Sound Cable Interconnector Rationale in Support of Location Differential Pricing. Docket No. ER00- -000. 27 July 2001. 44 pages.

FNECA Working Group on Inter-Regional Hedges and Entrepeneurial Interconnectors. Entrepeneurial Interconnectors: Safe Harbour Provisions. November 1998. Paper, 12 pages.

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