Transmission wheeling cost evaluation using MW-Mile methodology

In this research paper, three approaches reverse, absolute and dominant pertaining to MW mile are simulated for the cost evaluation of transmission wheeling. The approach based on applying MW-MILE on a 14-bus transmission network system is used to determine wheeling rate. Allocation of costs of wheeling on the respective wheeling transactions have been achieved. This research paper serves as an evaluation of the methodology, which has been adopted and being practiced in the markets.