Title :
A load flow based method for calculating embedded, incremental and marginal cost of transmission capacity
Author :
Kovacs, Ross R. ; Leverett, Allen L.
Author_Institution :
Southern Co. Services Inc., Birmingham, AL, USA
fDate :
2/1/1994 12:00:00 AM
Abstract :
This paper describes the principles of a load flow based method for allocating the cost of transmission capacity. The method estimates the usage of each transmission facility with cost defined on a per facility basis. Embedded, incremental and marginal cost of transmission capacity are defined and compared to each other. A discussion of other load flow based methods and their application to marginal cost is included
Keywords :
economics; load flow; power transmission; embedded cost; incremental cost; load flow based method; marginal cost; power transmission capacity; wheeling transactions; Costing; Costs; Investments; Load flow; Marketing and sales; Power measurement; Pricing; Senior members; Substations; Transactions Committee;
Journal_Title :
Power Systems, IEEE Transactions on
