Security cost allocation of transmission networks applied in a course of the electricity market

2006 ◽  
Vol 16 (3) ◽  
pp. 311-320 ◽  
Author(s):  
Balho H. Kim ◽  
Chong-Il Yoo ◽  
Don Hur
Keyword(s):  
Electricity Market ◽  
Cost Allocation ◽  
Transmission Networks

Regional cost sharing in expansions of electricity transmission grids

2014 ◽  
Vol 8 (3) ◽  
pp. 283-300 ◽  
Author(s):  
Hans Nylund
Keyword(s):  
International Cooperation ◽  
Electricity Market ◽  
Cost Sharing ◽  
Cost Allocation ◽  
Electricity Transmission ◽  
Content Type ◽  
Transmission Investment ◽  
Benefit Cost ◽  
Partition Function Form ◽  
Voluntary Cooperation

Purpose – The purpose of this paper is to analyse how the regional effects of expansion can be managed under the constraints of voluntary cooperation. This paper studies international cooperation on electricity transmission expansions in a region of countries that shares a joint electricity infrastructure. Design/methodology/approach – Cooperative game theory and the partition-function form were applied in combination with benefit–cost ratios to model and analyse the incentives to cooperate under different cost allocation rules. Empirical background was provided by a case study of a transmission investment agreement made on the Nordic electricity market. Findings – Both cost sharing and the composition of expansion plans were identified as ways of reaching regional agreements. It was found that agreements based on proportional division of costs in relation to benefits were the best choice for voluntary cooperation. Research limitations/implications – The study did not analyse the effects or relevance of surplus sharing in addition to that implied by cost sharing, nor has it studied the regulatory and legal requirements for implementing side-payments between countries in grid expansions. These issues could benefit from more study. Practical implications – The results are relevant for the development of international cooperation on grid expansions and as an input to regulations and policies aimed at promoting regional perspectives, in particular for the case of a single internal energy market in Europe. Originality/value – The paper contributes with an analysis of incentives for transmission expansions in a multinational environment subject to voluntary provision and a lack of supranational authorities with decision power.

scholarly journals Re-dispatch and Application of FACTs for Transactions Allocation in Deregulated Electricity Markets

2021 ◽  
Vol 15 ◽  
pp. 270-275
Author(s):  
Archana Jaisingpure ◽  
V. K. Chandrakar ◽  
R. M. Mohril
Keyword(s):  
Electricity Markets ◽  
Transmission Lines ◽  
Electricity Market ◽  
Power Flow ◽  
Optimal Power Flow ◽  
Cost Allocation ◽  
Electric Energy ◽  
Transmission Cost ◽  
Current Scenario ◽  
Transmission Price

In the current scenario, transmission cost allocation is one of the significant difficulties arises due to the expansion in power exchanges in transmission open access looked by electric energy area. The proposed method calculates transmission cost allocation by considering bilateral & multilateral transactions. The transmission cost allocation approach in the proposed method derives from equivalent bilateral which states that a small amount of every generator provides with each request in consistently and separated manner. The influence of power flow in network via all lines due to a transaction is measured by power flow solution. This paper discusses the congestion problem in the deregulated electricity market using an optimal power flow (OPF). The transmission lines are uncongested using re-dispatch method and then taxes are calculated for the establishment of the flexible A.C. transmission systems (FACTS) devices in the transmission network to reduce taxes. The excellent location of FACTS device can be identified by the bus on which highest T. The result indicates that the combination of TCSC and SVC incredibly discount the measure of re-dispatched power which provides optimal operating point nearer to the market settlement. Hence, TCSC and SVC gives convenient option to block the execution of transmission estimation utilizing approaches and calculate the transmission price.

scholarly journals Comparison of Transmission Loss Allocation by Proportional Sharing Principle Method and Aumann Shapley Method

2018 ◽  
Vol 7 (2.32) ◽  
pp. 117
Author(s):  
Mrs. K. Sarada ◽  
P Anush Kumar ◽  
Sd Sadiq Rahiman ◽  
Ch Mohan Sai Krishna
Keyword(s):  
Electricity Market ◽  
Cost Allocation ◽  
Transmission Loss ◽  
Power Sector ◽  
Loss Allocation ◽  
The World ◽  
Current Scenario ◽  
Transmission Loss Allocation ◽  
The Cost ◽  
Linear Nature

In the current scenario of the electricity market in the world the cost allocation became the thematic part and the essential usage to individual distributor and to the consumer. Allocation is nothing but a share of anything that been shared in the equal amount to the assigned terms of the quantity. Here in the power sector, losses and the respective costs have been shared among the generators and the loads. To achieve the linear nature and invariant characteristics, allocation of losses is done. To such allocation of losses there are many methods, popular methods of them named, Proportional Sharing Principle Method and Aumann-Shapley Method are compared in this paper based on loss and cost allocation, and results are verified through Mat lab platform.  

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