Title :
Transmission cost allocation using cooperative Game Theory: A comparative study
Author :
Azevedo, Filipe ; Khodr, H.M. ; Vale, Zita A.
Author_Institution :
GECAD - Knowledge Eng. & Decision-Support Res. Group, Inst. of Eng. - Polytech. of Porto (ISEP/IPP), Porto, Portugal
Abstract :
In this paper is presented a Game Theory based methodology to allocate transmission costs, considering cooperation and competition between producers. As original contribution, it finds the degree of participation on the additional costs according to the demand behavior. A comparative study was carried out between the obtained results using Nucleolus balance and Shapley Value, with other techniques such as Averages Allocation method and the Generalized Generation Distribution Factors method (GGDF). As example, a six nodes network was used for the simulations. The results demonstrate the ability to find adequate solutions on open access environment to the networks.
Keywords :
game theory; power transmission economics; Nucleolus balance; Shapley value; cooperative game theory; demand behavior; generalized generation distribution factors; transmission cost allocation; Business; Companies; Costs; Equations; Game theory; Helium; Investments; Knowledge engineering; Monopoly; Sections; Coalition; Cooperative Game; Game Theory; Nucleolus; Shapley Value; Transmission Costs Allocation;
Conference_Titel :
Energy Market, 2009. EEM 2009. 6th International Conference on the European
Conference_Location :
Leuven
Print_ISBN :
978-1-4244-4455-7
DOI :
10.1109/EEM.2009.5207204