“…In contrast to the LMP-method (Duthaler, 2012), (Kang et al, 2013), (Klos et al, 2014), (Kłos et al, 2015), (Sarfati et al, 2015) and (Bergh et al, 2016) apply cluster algorithms based on PTDF-values. (Kłos et al, 2015) aim to reduce loop effects by clustering PTDF values. Their methodology refers to the mentioned goal of CACM to minimize adverse effects of internal transactions on other price zones.…”