Transmission loss allocation for mixed pool and bilateral markets

Author

Vongphan, Kanta ; Audomvongseree, Kulyos

Author_Institution

Dept. of Electr. Eng., Chulalongkorn Univ., Bangkok, Thailand

Volume

01

fYear

2009

fDate

6-9 May 2009

Firstpage

6

Lastpage

9

Abstract

This paper proposes a new method for allocating transmission loss in mixed pool and bilateral markets. The proposed method is based on an actual loss formula. In addition, the concept that the more the power is transferred, the larger the losses it should be responsible for is used. In this paper, power loss occurring in the pool market will be compensated by the representative generator and the loss occurring in the bilateral market will be compensated by the participants of that transaction. Then a simple calculation for Locational Marginal Price (LMP) for the power pool is presented. This method is tested with IEEE-RTS-79 test system. Satisfactory results are obtained.

Keywords

load flow; power markets; power transmission economics; pricing; IEEE-RTS-79 test system; locational marginal price; mixed pool and bilateral markets; power pool; representative generator; transmission loss allocation; Contracts; Equations; Power engineering and energy; Power generation; Power markets; Power system modeling; Power systems; Propagation losses; System buses; System testing;

fLanguage

English

Publisher

ieee

Conference_Titel

Electrical Engineering/Electronics, Computer, Telecommunications and Information Technology, 2009. ECTI-CON 2009. 6th International Conference on

Conference_Location

Pattaya, Chonburi

Print_ISBN

978-1-4244-3387-2

Electronic_ISBN

978-1-4244-3388-9

Type

conf

DOI

10.1109/ECTICON.2009.5136954

Filename

5136954