60
© 2005, George
Gross, UIUC
MULTI – PERIOD
ANALYSIS
physical network
physical network
commodity market
commodity market
financial market
layer
financial market
layer
investment layer
social welfare
social welfare
operational period 1
operational period H
topology
change
.
. .
.
. .
.
. .
.
. .
SFT
LMPs
LMPs
feasible FTR
desired
FTR
market
outcomes
market
outcomes
system
states
system
states
feasible FTR
market
outcomes
market
outcomes