DocumentCode :
3349918
Title :
Allocation of Congestion Cost in a Pool Based Model Using Shapley Value
Author :
Xiao, Hongfei ; Li, Weidong
Author_Institution :
Dept. of Electr. Eng., Hangzhou Dianzi Univ., Hangzhou
fYear :
2009
fDate :
27-31 March 2009
Firstpage :
1
Lastpage :
5
Abstract :
Transmission congestion involves in system security and market efficiency under a deregulated environment. How to eliminate congestion effectively and allocate congestion cost reasonably becomes one of the important contents. In this paper, a method for congestion cost allocation in a pool-based market is proposed. The congestion cost is firstly allocated to congested lines using Shapley-value; then the line costs are allocated to all market participants according to their utilization degree of congested lines. The proposed method decomposes the allocation into two steps and computation speed for Shapley-value is improved greatly for the number of congested lines is far less than that of transactions. The method provides fair, economic signals and makes the revenue collected from the transmission users be equal to the cost of relieving the congestion.
Keywords :
power markets; power transmission economics; Shapley value; congestion cost allocation; power markets; transmission congestion; Contracts; Costs; Economic forecasting; Environmental economics; Load flow; Merchandise; Power generation economics; Security; Thermal stability; Voltage;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Power and Energy Engineering Conference, 2009. APPEEC 2009. Asia-Pacific
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-2486-3
Electronic_ISBN :
978-1-4244-2487-0
Type :
conf
DOI :
10.1109/APPEEC.2009.4918127
Filename :
4918127
Link To Document :
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