Variable-frequency transformer: Difference between revisions

Revision as of 23:47, 31 January 2022

Revision as of 22:13, 15 October 2022

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VFTs provide the technical feasibility to flow power in both directions between two grids, permitting [[electricity market|power exchanges]] that were previously impossible. Energy in a grid with lower costs can be transmitted to a grid with higher costs (higher demand), with energy trading. Power capacity is sold by providers. Transmission scheduling rights (TSRs) are auctioned by the transmission line owners.

[[Financial Transmissiontransmission Rightsright]]s (FTRs) are a financial instrument used to balance [[energy congestion]] and demand costs.

==See also==