干旱区生态环境知识资源中心(Arid): The value of unused interregional transmission Estimating the opportunity cost for Quebec (Canada)

Arid

DOI	10.1108/17506220911005768
	The value of unused interregional transmission Estimating the opportunity cost for Quebec (Canada)
	Pineau, Pierre-Olivier; Lefebvre, Vincent
通讯作者	Pineau, PO
来源期刊	INTERNATIONAL JOURNAL OF ENERGY SECTOR MANAGEMENT
ISSN	1750-6220
EISSN	1750-6239
出版年	2009
卷号	3 期号:4 页码:406-423
英文摘要	Purpose - This paper aims at assessing the actual use of interregional transmission lines and the opportunity cost of unused capacity. The 13 electric power lines connecting the province of Quebec (Canada) to its neighbours (New Brunswick, New England, New York, Ontario) are analysed for the years 2006, 2007 and 2008. Design/methodology/approach - Hourly electricity transmission data from the Quebec Open Access Same-Time Information System (OASIS) are analysed and matched with hourly market prices in New Brunswick, New England, New York and Ontario, for the years 2006, 2007 and 2008. Findings - Capacity factors of about 50 per cent are found for these lines. Although increasing from 2006 to 2008, this finding shows that interregional lines are far from being heavily congested. Furthermore, about 25TWh of additional profitable exports could have taken place every year, given the market conditions and the availability of transmission lines. These exports represented an opportunity cost of about $1 billion per year. Research limitations/implications - Other network constraints and transaction costs could explain why these profitable transactions have not taken place. However, the lack of available energy most likely explains why exports were limited. The opportunity cost could also be overestimated by not taking into account the price impact of additional exports. Practical implications - Price regulation in Quebec (with priority given to local loads) should be reviewed to maximize economic efficiency and environmental benefits in the Northeast region. Originality/value - This is the first analysis of the use of interregional electricity transmission lines. It provides a preliminary estimate of the economic cost of not further integrating different neighbouring regions.
英文关键词	Electricity industry Opportunity costs Productive capacity Canada
类型	Article
语种	英语
收录类别	ESCI
WOS记录号	WOS:000214872400005
WOS类目	Management
WOS研究方向	Business & Economics
资源类型	期刊论文
条目标识符	http://119.78.100.177/qdio/handle/2XILL650/329211
作者单位	[Pineau, Pierre-Olivier] HEC Montreal, Dept Management Sci, Montreal, PQ, Canada; [Lefebvre, Vincent] HEC Montreal, Energy Efficiency Programs, Montreal, PQ, Canada
推荐引用方式 GB/T 7714	Pineau, Pierre-Olivier,Lefebvre, Vincent. The value of unused interregional transmission Estimating the opportunity cost for Quebec (Canada)[J],2009,3(4):406-423.
APA	Pineau, Pierre-Olivier,&Lefebvre, Vincent.(2009).The value of unused interregional transmission Estimating the opportunity cost for Quebec (Canada).INTERNATIONAL JOURNAL OF ENERGY SECTOR MANAGEMENT,3(4),406-423.
MLA	Pineau, Pierre-Olivier,et al."The value of unused interregional transmission Estimating the opportunity cost for Quebec (Canada)".INTERNATIONAL JOURNAL OF ENERGY SECTOR MANAGEMENT 3.4(2009):406-423.