Abstract
Wheeling is “the use of the transmission facilities of one system to transmit power of and for another entity or entities [Kelly, 1987].” The concept of wheeling allows buyers and sellers of electricity to maximize their profits by using the lowest generation cost available. It also raises many questions, including how participants should access the transmission grid.
Infrastructure is the difference between crossing the river by a bridge or by swimming.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Rights and permissions
Copyright information
© 1999 Springer Science+Business Media New York
About this chapter
Cite this chapter
Sheblé, G.B. (1999). Industrial Infrastructure. In: Computational Auction Mechanisms for Restructured Power Industry Operation. The Springer International Series in Engineering and Computer Science. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5157-7_2
Download citation
DOI: https://doi.org/10.1007/978-1-4615-5157-7_2
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-7348-3
Online ISBN: 978-1-4615-5157-7
eBook Packages: Springer Book Archive