Cutting Edge: Measuring the risk of Financial Transmission Rights

ist-4512895-congestion

The transmission of electricity is vital for the development of the electricity industry. The emerging markets for Financial Transmission Rights (FTRs) or Transmission Congestion Contracts (TCCs) have attracted a lot of attention from generators, load-serving entities and pure speculators. They use the contracts to either hedge their congestion-cost risks or speculate within the transmission market. The literature on quantifying the risk of these relatively new financial products is very limited

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: