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Line 15: ==Economics of energy trading== VFTs provide the technical feasibility to flow power in both directions between two grids, permitting [[electricity exchange\|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~~ the transmission line owners. Financial Transmission Rights (FTRs) are a financial instrument used to balance energy congestion and demand costs.

Variable-frequency transformer: Difference between revisions