Evaluating New Business Opportunities for Interregional Transmission

The merchant transmission investment model is conducive to addressing interregional and long-range transmission needs as it provides a pathway to circumvent localized regional and state transmission planning processes and focus directly on interregional development. Furthermore, merchant transmission investments in accordance with comprehensive (multi-value) benefits planning provide a favorable benefit-to-cost ratio for transmission customers and support positive returns for investors. However, evaluating the comprehensive benefits of proposed transmission projects is computationally expensive and unfeasible to execute for early-stage, exploratory analysis of multiple projects. Therefore, this thesis focuses on the development and use of a computationally-reduced transmission business evaluation tool that heuristically evaluates critical components of comprehensive benefits and assesses merchant-based cost recovery viability of five interregional and long-range transmission projects on a forward-looking basis.

Name thesis:degree_name

Master

Department dc:contributor.department

Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2024

Author dc:creator

• Okoye, Don

Advisors dc:contributor.advisor

• Ilic, Marija
• Welsch, Roy

Statement dc:rights

• In Copyright - Educational Use Permitted
• Copyright retained by author(s)

Licence dc:rights.uri

• https://rightsstatements.org/page/InC-EDU/1.0/

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/155980

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/155980