Title :
A new wheeling price calculation method considering transmission line congestion and loss costs
Author :
Liu, Bin ; Yafang Liu ; Inaba, Tsuginon
Author_Institution :
Graduate Sch. of Sci. & Eng., Chuo Univ., Tokyo, Japan
Abstract :
This paper presents a new calculation method for wheeling prices for power markets. This novel method of wheeling prices includes adding to the ordinary capacity cost, newly congestion cost and loss cost of transmission lines. Finally, case study results show that the proposed method of wheeling prices is very useful for giving an economic signal to transmission users and suppressing transmission line congestion.
Keywords :
power markets; power transmission economics; power transmission lines; pricing; line loss cost; power market; transmission line congestion; wheeling price; Costs; Investments; Power generation economics; Power markets; Power system modeling; Power systems; Power transmission lines; Propagation losses; Transmission line theory; Transmission lines;
Conference_Titel :
Power System Technology, 2004. PowerCon 2004. 2004 International Conference on
Print_ISBN :
0-7803-8610-8
DOI :
10.1109/ICPST.2004.1460184
