DocumentCode
384024
Title
Basic properties of nodal pricing mechanism in the weakly tied network
Author
Toyoda, J. ; Saitoh, H. ; Sato, H.
Author_Institution
Hachinohe Inst. of Technol., Japan
Volume
2
fYear
2002
fDate
2002
Firstpage
928
Abstract
This paper describes the basic properties of nodal pricing mechanism that is strongly affected by the network configuration. The islanding phenomena of nodal price and other interesting features appear in the nodal pricing properties at heavy demand condition. The numerical examples are included in order to demonstrate the theoretical property of nodal price in the weakly tied network. Demand curve characteristics can be included in the calculation of nodal price.
Keywords
power transmission economics; demand curve characteristics; heavy demand condition; islanding phenomena; network configuration; network congestion; nodal price; nodal pricing mechanism; power transaction; shadow price; transmission rights model; weakly tied network; Costs; Dispatching; Energy management; Intelligent networks; Mechanical factors; Power generation; Power system modeling; Power system reliability; Pricing; Production;
fLanguage
English
Publisher
ieee
Conference_Titel
Power System Technology, 2002. Proceedings. PowerCon 2002. International Conference on
Print_ISBN
0-7803-7459-2
Type
conf
DOI
10.1109/ICPST.2002.1047535
Filename
1047535
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