Defining Transmission System Operators’ Investment Shares for Phase-Shifting Transformers Used for Coordinated Redispatch

Abstract

The implementation of network codes within the framework of European Transmission System Operators (TSOs), involves redesigning the process of executing remedial actions aimed at maintaining the power system on a daily basis. One of the key elements of this redesign is the co-optimisation of all accessible measures, bringing a cost-optimal result and providing network security for the entire Capacity Calculation Region (CCR). This specifically means that the currently installed Phase Shifting Transformers (PSTs) are expected to be utilised for the benefit of the whole CCR, with no special priority to any issues incurred by the owner. Therefore, this paper addresses any questions regarding the rules of financing (investment shares per TSO) to be applied for future PST installations. The investment shares are calculated based on the exemplary implementation of a new European procedure – cost-sharing of remedial actions. Consequently, another long-term application of this process is postulated. In order to support the claims with numerical evidence, two scenarios with new PST investments are analysed. The conclusions drawn show that the largest investment burden can be imposed upon zones different from the area of which the new PST installation has taken place. As a result, joint TSOs’ investments may be a potential solution to financing new devices used for future coordination of remedial actions.