%A Claude Crampes
%A Nils-Henrik M. von der Fehr
%J Energy Journal
%T Decentralised Cross-Border Interconnection
%X Reaping the full benefits from cross-border interconnection typically requires reinforcement of national networks. When the relevant parts of the networks are complements, a lack of coordination between national transmission system operators typically results in investment below optimal levels in both interconnectors and national infrastructure. A subsidy to financially sustain interconnector building is not sufficient to restore optimality; indeed, even when possible, such subsidisation may have to be restrained so as not to encourage cross-border capacities that will not be fully utilised due to lack of investment in national systems.
%N n°4
%K electrical grid
%K interconnector
%K externality
%K regulation
%K regional
%K cooperation
%P 147-169
%V vol.44
%C Cambridge
%D 2023
%I Oelgeschlager, Gunn & Hain
%R 10.5547/01956574.44.4.ccra
%L publications46371