• DocumentCode
    1180236
  • Title

    Solving the Revenue Reconciliation Problem of Distribution Network Providers Using Long-Term Marginal Prices

  • Author

    Ponce De Leao, M. T. ; Saraiva, J. T.

  • Author_Institution
    Universidade Do Porto, Portugal; INESC Porto, Portugal
  • Volume
    22
  • Issue
    11
  • fYear
    2002
  • Firstpage
    55
  • Lastpage
    55
  • Abstract
    We describe an integrated methodology to compute long-term marginal prices in distribution networks. Long-term marginal prices are considered the most interesting and economically sound way of allocating network costs to users. Additionally, they inherently deal with the revenue-reconciliation problem, as they generally do not require other large supplementary tariff terms. The proposed methodology uses fuzzy sets to model uncertainties in load forecasts and considers several criteria to guide the identification of solutions. At the end, there is a final decision-making step to select the most adequate expansion plan according to the preferences of the decision-maker.
  • Keywords
    Computer networks; Costs; Decision making; Distributed computing; Economic forecasting; Fuzzy sets; Load forecasting; Load modeling; Predictive models; Uncertainty; Long-term marginal prices; electricity markets; regulatory policies; simulated annealing;
  • fLanguage
    English
  • Journal_Title
    Power Engineering Review, IEEE
  • Publisher
    ieee
  • ISSN
    0272-1724
  • Type

    jour

  • DOI
    10.1109/MPER.2002.4311814
  • Filename
    4311814