This paper presents a multi-year scenario-based methodology for transmission expansion planning (TEP) in order to enhance the available transfer capability (ATC). The ATC is an important factor for all players of electricity market who participate in power transaction activities and can support the competition and nondiscriminatory access to transmission lines among all market participants. The...

There is an intense debate regarding the best way to attract investment for the long-term expansion of an electricity transmission network. We study three hypotheses: the long-term financialtransmission-right hypothesis; the incentive-regulation hypothesis; and the market-power hypothesis. The first approach derives optimal transmission expansion through auctions of longterm financial transmiss...