Title :
New Transmission Tariff Method of Transmission System: An Analysis of Cost Recovery
Author :
Song, F. ; Irving, M.R.
Author_Institution :
Dept. of Electron. & Comput. Eng., Brunel Univ., London
Abstract :
This paper presents an in-depth analysis of complementary charge structures for transmission systems with a new nodal-use method (N-U method), and in particular it investigates why the transmission system owner has to invest in the transmission system when the system is congested. The basic theoretical results are presented and how the new N-U method covers the total cost of the transmission system are identified and illustrated with numerical example. Simple ways of calculating locational marginal price (LMP) and controlling power flow in the contest of competitive electricity market are analyzed
Keywords :
load flow control; power markets; power transmission; pricing; tariffs; competitive electricity market; complementary charge structure; cost recovery analysis; locational marginal price; nodal-use method; power flow control; transmission system; transmission tariff method; Consumer electronics; Costs; Electricity supply industry; Investments; Load flow; Power engineering and energy; Power generation economics; Power markets; Power system modeling; Production; Nodal-Use method; complementary charge; nodal price; power market; power participation factor; transmission price; transmission tariff;
Conference_Titel :
Transmission and Distribution Conference and Exhibition: Asia and Pacific, 2005 IEEE/PES
Conference_Location :
Dalian
Print_ISBN :
0-7803-9114-4
DOI :
10.1109/TDC.2005.1546994
