A comparative study on transmission network cost allocation methodologies

Author

Karthikeyan, S. Prabhakar ; Saravanan, B. ; Jain, Abhishek ; Ranu, I. ; Raglend, I. Jacob ; Kothari, D.P.

Author_Institution

Sch. of Electr. Eng., VIT Univ., Vellore, India

fYear

2013

fDate

6-8 Feb. 2013

Firstpage

145

Lastpage

152

Abstract

In the deregulated electricity market, it has become very important to determine the complete information about the participants who are utilizing the transmission network. Transmission line usage computation requires information of generator to load contributions and the path used by various generators to meet loads and losses. In the present restructured electricity market, it is necessary to develop appropriate pricing techniques that can provide the useful economic information to market participants. In this paper, the three existing techniques namely Z_bus method, Z_bus^avg method and Relative Electrical Distance (RED) method for the network cost allocation is compared. It has been successfully applied on an IEEE 24 bus-Reliability Test System (RTS) and the results obtained are compared. The results obtained are quite encouraging and useful for the deregulated electricity market related issues. The simulation is carried out using MATLAB 7.8.0 (R 2009a).

Keywords

IEEE standards; power generation economics; power generation reliability; power markets; power system simulation; power transmission economics; power transmission lines; power transmission reliability; pricing; IEEE 24 bus-reliability test system; MATLAB 7.8.0 (R 2009a) simulation; RED; RTS; Z_bus method; Z_bus^avg method; deregulated electricity market; economic information; generator-load contribution; pricing technique; relative electrical distance method; transmission line usage computation; transmission network cost allocation methodology; Electricity supply industry; Equations; Generators; Load flow; Power transmission lines; Propagation losses; Resource management; Transmission network cost allocation; Zbus; Zbus^avg and RED; active power flow; generator cost contribution; load cost contribution;

fLanguage

English

Publisher

ieee

Conference_Titel

Power, Energy and Control (ICPEC), 2013 International Conference on

Conference_Location

Sri Rangalatchum Dindigul

Print_ISBN

978-1-4673-6027-2

Type

conf

DOI

10.1109/ICPEC.2013.6527640

Filename

6527640