Abstract: A system and method for upgrading or otherwise improving performance and/or operation of a transmission grid are provided. The system and method involve identifying transmission grid constraint(s), e.g., transmission bottlenecks or other causes of system congestion, and implementing step(s) to alleviate such constraint(s) on terms and conditions that shift initial capital requirements away from grid owners/operators. The capital-shifting mechanisms generally include installation of and/or access to equipment for monitoring and/or measuring grid performance parameter(s) on a predetermined basis, e.g., in real-time, on a daily basis or the like. A processor is provided that is programmed to calculate a payment stream to be paid to the independent party responsible for effectuating the grid performance upgrade based on measurement of performance parameters.

Abstract: A system and method for upgrading or otherwise improving performance and/or operation of a transmission grid are provided. The system and method involve identifying transmission grid constraint(s), e.g., transmission bottlenecks or other causes of system congestion, and implementing step(s) to alleviate such constraint(s) on terms and conditions that shift initial capital requirements away from grid owners/operators. The capital-shifting mechanisms generally include installation of and/or access to equipment for monitoring and/or measuring grid performance parameter(s) on a predetermined basis, e.g., in real-time, on a daily basis or the like. A processor is provided that is programmed to calculate a payment stream to be paid to the independent party responsible for effectuating the grid performance upgrade based on measurement of performance parameters.