  This paper proposes a new methodology to maximize the feasible set of power
injections and cross-border power transfers in meshed multi-area power systems.
The approach used polyhedral computation schemes and is an extension to the
classic procedure for cross-border transfer capacity assessment in the European
power network, including the computation of bilateral cross-border transfer
capacities as well as multilateral flow-based approaches. The focus is the
characterization of inter-area exchange limits required for secure power system
operation in the presence of physical transmission constraints, while
maximizing the utilization factors of the transmission lines. The numerical
examples include a case study of the ENTSO-E transmission system.
