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On-line Access: 2011-12-29

Received: 2011-03-30

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Journal of Zhejiang University SCIENCE C 2012 Vol.13 No.1 P.48-57

http://doi.org/10.1631/jzus.C1100076


Transmission pricing and recovery of investment costs in the deregulated power system based on optimal circuit prices


Author(s):  Javad Nikoukar, Mahmoud Reza Haghifam

Affiliation(s):  Department of Technical Engineering, Science and Research Branch, Islamic Azad University, Tehran, Iran, Department of Electrical and Computer Engineering, Tarbiat Modares University, Tehran, Iran

Corresponding email(s):   j_nikoukar@yahoo.com

Key Words:  Transmission pricing, Economically adapted network (EAN), Cost allocation, Electricity market


Javad Nikoukar, Mahmoud Reza Haghifam. Transmission pricing and recovery of investment costs in the deregulated power system based on optimal circuit prices[J]. Journal of Zhejiang University Science C, 2012, 13(1): 48-57.

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Abstract: 
transmission pricing has become a major issue in the discussions about the deregulated electricity markets. Consequently, open access to the transmission system is one of the basic topics to allow competition among participants in the energy market. Transmission costs have an important impact on relative competition among participants in the energy market as well as on short- and long-term economic efficiencies of the whole electricity industry, although they represent only close to 10% of the energy market price. This paper deals with the design and tests of a transmission pricing method based on the optimal circuit prices derived from the economically adapted network (EAN). Prices derived from the EAN have the advantage of being in tune with the maximum revenue allowed to the owner of transmission assets and simplifying the optimal allocation of transmission costs among participants. Beginning from the conceptual design, the proposed method is tested on a three-bus network and on the IEEE 24-bus reliability test system.

Darkslateblue:Affiliate; Royal Blue:Author; Turquoise:Article

Reference

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