Title :
Transmission price simulator in a liberalized electricity market
Author :
Ferreira, Judite ; Vale, Zita ; Cardoso, José ; Puga, Ricardo
Author_Institution :
Polytech. Inst. of Porto, Porto
Abstract :
This paper presents a software tool (SIMCMTP) that solves congestion situations and evaluates the taxes to be paid to the transmission system by market agents. SIMCMTP provides users with a set of alternative methods for cost allocation and enables the definition of specific rules, according to each market and/or situation needs. With these characteristics, SIMCMTP can be used as an operation aid for Transmission System Operator (TSO) or Independent System Operator (ISO). Due to its openness, it can also be used as a decision-making support tool for evaluating different options of market rules in competitive market environment, guarantying the economic sustainability of the transmission system.
Keywords :
power engineering computing; power markets; power transmission economics; pricing; ISO; Independent System Operator; SIM-CMTP software tool; TSO; Transmission System Operator; cost allocation; decision-making support tool; electricity market; transmission price simulator; transmission system economics; Contracts; Costs; Decision making; Electricity supply industry; Energy management; Environmental economics; Finance; Flowcharts; Load flow; Software tools; Congestion management; Distribution factors; Electricity market; Transmission price; Transmission use;
Conference_Titel :
Electricity Market, 2008. EEM 2008. 5th International Conference on European
Conference_Location :
Lisboa
Print_ISBN :
978-1-4244-1743-8
Electronic_ISBN :
978-1-4244-1744-5
DOI :
10.1109/EEM.2008.4579043
