• DocumentCode
    3395676
  • Title

    Allocation of Congestion Cost Based on Aumann-Shapley Value in Bilateral Transaction Framework

  • Author

    Yang, Yong ; Xiao, Hongfei

  • Author_Institution
    Sch. of Autom., Hangzhou Dianzi Univ., Hangzhou, China
  • fYear
    2012
  • fDate
    27-29 March 2012
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    This paper proposes a method of allocation for congestion cost in the bilateral transaction framework based on Aumann-Shapley value. The method uses the A-S value of an infinite number of players in the league game, considering the situation of each congested line decreasing the power at the same time, and it is more accurate and quickly to calculate the congestion cost for each transaction through the quadrate formula. A numerical example shows that the proposed method is fair, reasonable, and the error is small, making it easily to allocate the congestion cost directly to each transaction.
  • Keywords
    game theory; load flow; load management; power transmission economics; Aumann-Shapley value; bilateral transaction framework; congestion cost; infinite number; league game; Games; Generators; Load flow; Pricing; Resource management; Sensitivity;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power and Energy Engineering Conference (APPEEC), 2012 Asia-Pacific
  • Conference_Location
    Shanghai
  • ISSN
    2157-4839
  • Print_ISBN
    978-1-4577-0545-8
  • Type

    conf

  • DOI
    10.1109/APPEEC.2012.6307490
  • Filename
    6307490