DocumentCode
1286068
Title
Transmission analysis by Nash game method
Author
Bai, Xiaomin ; Shahidehpour, S.M. ; Ramesh, V.C. ; Yu, Erkeng
Author_Institution
Dept. of Electr. & Comput. Eng., Illinois Inst. of Technol., Chicago, IL, USA
Volume
12
Issue
3
fYear
1997
fDate
8/1/1997 12:00:00 AM
Firstpage
1046
Lastpage
1052
Abstract
This paper describes an open access transmission method for maximizing profits in a power system. The proposed method is based on the Nash bargaining game for power flow analysis in which each transaction and its optimal price are determined to optimize the interests of individual parties. Transmission losses are considered by the proposed method, and test cases and results are discussed to present the merits of the proposed method
Keywords
economics; game theory; load flow; losses; power transmission; Nash game method; decentralised power system; open access transmission method; optimal price; power flow analysis; power system; profits maximisation; transmission losses; transmission services cost; wheeling transactions; Costs; Distributed power generation; Environmental economics; Load flow analysis; Power generation; Power generation economics; Power system analysis computing; Power system economics; Power system modeling; Power systems;
fLanguage
English
Journal_Title
Power Systems, IEEE Transactions on
Publisher
ieee
ISSN
0885-8950
Type
jour
DOI
10.1109/59.630442
Filename
630442
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