DocumentCode
2119896
Title
A novel comprehensive pricing model for transmission networks
Author
Sun, Hongbo ; Yu, David C. ; Zheng, Qionglin
Author_Institution
Dept. of Electr. Eng. & Comput. Sci., Wisconsin Univ., Milwaukee, WI, USA
Volume
2
fYear
2000
fDate
2000
Firstpage
1186
Abstract
A novel comprehensive price method for a transmission system is presented. The proposed price is composed of two components. One is power price component; the other is energy price component. Both of them are solved with a unified operation simulation model. This method not only can offer the correct economical incentives for transmission system operation and expansion, but also has advantages in computational efficiency. A simple example is given to demonstrate the validity of proposed method
Keywords
costing; power transmission economics; tariffs; Monte Carlo simulation; comprehensive pricing model; computational efficiency; energy price component; power price component; short-term marginal cost; tariffs; transmission networks; transmission system expansion; transmission system operation; unified operation simulation model; Computational efficiency; Computational modeling; Computer science; Costs; Investments; Power generation economics; Power system economics; Power system modeling; Pricing; Sun;
fLanguage
English
Publisher
ieee
Conference_Titel
Power Engineering Society Winter Meeting, 2000. IEEE
Print_ISBN
0-7803-5935-6
Type
conf
DOI
10.1109/PESW.2000.850115
Filename
850115
Link To Document