Available transmission capability-sell firm or interruptible?

Author

Silva, A. M Leite da ; Lima, J. W Marangon ; Anders, G.J.

Author_Institution

Inst. of Electr. Eng., Fed. Univ., Itajuba, Brazil

Volume

14

Issue

4

fYear

1999

fDate

11/1/1999 12:00:00 AM

Firstpage

1299

Lastpage

1305

Abstract

Available transfer capability (ATC) is an important parameter for all companies participating in the power transaction activities. One aspect of the ATC analysis relates to the following important questions: what part of the posted ATC should be bought/sold as firm and what as an interruptible (nonfirm) capacity? In the emerging competitive electricity market, this will perhaps be one of the crucial problems faced by the market participants. This problem has not been discussed in the literature yet, and is considered in this paper by calculating the optimal split between firm and interruptible ATC, using a DC load flow model and Monte Carlo optimization approach

Keywords

Monte Carlo methods; load flow; power transmission; DC load flow model; Monte Carlo optimization; available transfer capability; competitive electricity market; composite reliability; interruptible capacity; power transaction; transmission price; Electricity supply industry; Environmental economics; Load flow; Load modeling; Power generation economics; Power markets; Power system analysis computing; Power system economics; Power system modeling; Power system reliability;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.801888

Filename

801888