29
© 2005, George
Gross, UIUC
COMPLICATIONS IN
TRANSMISSION EXPANSION
qShort-run marginal costing information from the hourly
LMPs need to
be translated into long-run marginal cost for investment
decisions
qFTR/FGR integration into the investment decision
is needed
qThe explicit consideration of wide ranges of uncertainty
in all aspects, including regulatory, environmental and player
behavior, is required