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Trade

In: Hydropower Economics

Author

Listed:
  • Finn R. Førsund

    (University of Oslo)

Abstract

We can think about physical trade in electricity at two levels of aggregation: between countries and between regions within a country. Starting with the latter level the models with individual plants in Chapter 4 are examples. However, the trade flows were not specified there. This is not so conveniently done operating without an explicit transmission system. A transmission system is introduced in Chapter 10. In order to study trade between two countries a single interconnector only will be assumed. The aggregate treatment of the hydropower sector can then be maintained and the analysis can be conducted without specifying transmission and still bring out some main points.

Suggested Citation

  • Finn R. Førsund, 2015. "Trade," International Series in Operations Research & Management Science, in: Hydropower Economics, edition 2, chapter 0, pages 131-159, Springer.
    • Handle: RePEc:spr:isochp:978-1-4899-7519-5_6
    DOI: 10.1007/978-1-4899-7519-5_6
    as

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