Title :
Closed-form solution to calculate generator contributions to loads and line flows in an open access market
Author :
Ghasemi, H. ; Cañizares, C. ; Savage, G.
Author_Institution :
Dept. of Electr. & Comput. Eng., Waterloo Univ., Ont., Canada
Abstract :
In an open access power market, power tracing is a very important issue as it can help allocate the total cost of transmission system usage among market participants as well as provide information on what portion of a load is being supplied by each generator. In this paper, a closed form solution to this problem is presented. This formula is obtained using both proportionality and averaging criteria, and can be used to allocate transmission system costs among users in an equitable and fair way. In comparison to other methods, the formula given in this paper can be applied to large power systems without increasing complexity and the associated computations costs.
Keywords :
electric generators; load (electric); power markets; power transmission economics; closed-form solution; generator load calculation; line flow; open access power market; power tracing; short run marginal cost; transmission pricing; transmission system cost; Closed-form solution; Computational efficiency; Costs; IEEE members; Power generation; Power markets; Power systems; Power transmission lines; Pricing; Transmission line theory;
Conference_Titel :
Power Engineering Society General Meeting, 2003, IEEE
Print_ISBN :
0-7803-7989-6
DOI :
10.1109/PES.2003.1270386