The most important aspects of the project are to clearly identify congestions in
transmission networks, and develop congestion management methods and principles
for the long-term resolution of the said problem.
Worldwide, electric power sectors are undergoing restructuring within the last
fifteen-or-so years. Today, electricity transmission networks represent basic forms
of infrastructure for market transactions that are by far more complex than the
activities for which they were originally designed. Limitations to market transactions
are, in most cases, a consequence of transmission limitations between different
regions, i.e. transmission congestions. Transmission congestion is a clear
indicator of the value of available transmission capacities. The decision to upgrade
the transmission network in order to avoid congestion is a very complex one, as
the future cost of congestion is susceptible to a large amount of uncertainty. This
uncertainty is related to the increase of system load; the elasticity of the price of
electricity; the construction of new and the decommissioning of old generation
facilities; loop power flows; the volatility of fuel prices and, finally, the overall price
of electricity on the market.
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