Title :
Buswise loss evaluation algorithm for local spot pricing
Author :
Moon, Young-Hyun ; Jung, Jae-Suk ; Ryu, Heon-Su ; Choi, Byoung-Kon
Author_Institution :
Dept. of Electr. Eng., Yonsei Univ., Seoul, South Korea
Abstract :
Recently, the deregulation has been a hot issue in electric power industries with the introduction of the bidding system to electric power markets. One of the main topics associated with the deregulation is spot pricing where the exact analysis of transmission loss is used. This paper presents a new method of calculating the exact and reliable bus-wise loss evaluation algorithm by using an integration method. The proposed method is tested on IEEE 14 bus system, New England 39 bus system and IEEE 118 bus system. The test results show that the proposed method can give reliable information of the bus-wise loss to the spot pricing system
Keywords :
costing; electricity supply industry; losses; power system analysis computing; power system economics; tariffs; bidding system; buswise loss evaluation algorithm; computer simulation; deregulation; electric power industries; electric power markets; integration method; local spot pricing; transmission loss analysis; Automatic generation control; Costs; Load flow; Moon; Performance evaluation; Power generation; Power system reliability; Pricing; Propagation losses; System testing;
Conference_Titel :
Power Engineering Society Summer Meeting, 2000. IEEE
Conference_Location :
Seattle, WA
Print_ISBN :
0-7803-6420-1
DOI :
10.1109/PESS.2000.866975
