Title :
Evaluating Transmission Services for Bilateral Transactions in Electricity Market
Author :
Baniya, Jayaram ; Bao, Feng ; Fan, Shu ; Chen, Luonan
Author_Institution :
Dept. of Electr. Eng., Tribhuwan Univ., Kathmandu
Abstract :
To design an efficient transmission tariff, recently transmission pricing has become one of major research topics in power industries. From the economic point of view, estimate of accurate costs is needed to provide the correct price signals. This paper aims to present a transmission pricing methodology for bilateral transactions in a voluntary net pool under competitive environment. To demonstrate the effectiveness of the proposed transmission pricing method, an IEEE 30-bus RTS system and integrated Nepal power system (INPS) consisting 58 buses, 18 generators, and 91 branches have been used for numerical simulation
Keywords :
power markets; power transmission economics; pricing; tariffs; IEEE 30-bus RTS system; INPS; bilateral energy transactions; electricity market; integrated Nepal power system; numerical simulation; transmission congestion; transmission loss allocation; transmission pricing methodology; transmission services; transmission tariff; voluntary net pool; Costs; Electricity supply industry; Environmental economics; Indium phosphide; Power generation; Power generation economics; Power industry; Power system economics; Power system simulation; Pricing; Bilateral Transactions; Transmission Congestion; Transmission Loss Allocation; Transmission Pricing;
Conference_Titel :
Transmission and Distribution Conference and Exhibition: Asia and Pacific, 2005 IEEE/PES
Conference_Location :
Dalian
Print_ISBN :
0-7803-9114-4
DOI :
10.1109/TDC.2005.1546969