Transmission-service pricing by incorporating load following and correlation factors within a restructured environment

Shivaie, Mojtaba; Kiani-Moghaddam, Mohammad; Ansari, Mohammad Ali

doi:10.1016/j.epsr.2018.01.026

Cited by 8 publications

(5 citation statements)

References 22 publications

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“…Alternative methods are composed of different strategies developed from other categories, with the alteration of some of their main characteristics [13,14]. Finally, innovative methods refer to procedures with a high degree of innovation in the proposing strategies [15,16].…”

Section: Transmission Cost Allocation Methodsmentioning

confidence: 99%

Novel dynamic framework to form transmission tariffs with suitable economic signals

Benetti

Sperandio

Santos

et al. 2022

Electric Power Systems Research

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Section: Transmission Cost Allocation Methodsmentioning

confidence: 99%

Novel dynamic framework to form transmission tariffs with suitable economic signals

Benetti

Sperandio

Santos

et al. 2022

Electric Power Systems Research

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“…The last 5 rows (No. [21][22][23][24][25] of Table 11 show the first 5 generators in terms of TUoS tariffs.…”

Section: -Bus Practical Systemmentioning

confidence: 99%

“…The challenging issue concerning these methods is to find the exact benefit that each user takes from the transmission facilities. Reference [22] introduced a new load-following-based method to estimate the transmission costs of each participant during a specified time period before entering the market.…”

Section: Introductionmentioning

confidence: 99%

Circuit-theory-based method for transmission fixed cost allocation based on game-theory rationalized sharing of mutual-terms

Pouyafar

Hagh

Zare

2019

J. Mod. Power Syst. Clean Energy

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This paper proposes a new method to allocate the transmission fixed costs among the network participants in a pool-based electricity market. The allocation process relies on the circuit laws, utilizes the modified impedance matrix and is performed in two individual steps for the generators and loads. To determine the partial branch power flows due to the participants, the equal sharing principle is used and validated by the Shapley and Aumann-Shapley values as two preferred game-theoretic solutions. The proposed approach is also applied to determine the generators' contributions into the loads, and a new concept, named circuit-theory-based equivalent bilateral exchange (EBE), is introduced. Using the proposed method, fairly stable tariffs are provided for the participants. Cross-subsidies are reduced and a fair competition is made by the proposed method due to the counter-flows being alleviated compared with the well-known Z-bus method. Numerical results are reported and discussed to validate the proposed cost allocation method. Comparative analysis reveals that the method satisfies all conditions desired in a fair and efficient cost allocation method. Finally, the developed technique has been implemented successfully on the 2383-bus Polish power system to emphasize that the method is applicable to very large systems.

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“…For example, [40] proposes a new approach to allocate transmission costs using Long Run Marginal Costs. In [41], a new methodology for transmission pricing is found based on load following and correlation factors in restructured environments. Finally, in [42], a new scheme was developed by utilizing point-to-point tariff and transaction pair matching.…”

Section: Introductionmentioning

confidence: 99%

Toward a New Nodal Pricing Policy of the Brazilian Transmission System Considering Multiple Hydrological Scenarios

Dornellas

Silva

Costa

et al. 2022

International Transactions on Electrical Energy Systems

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This paper presents a new method for allocating transmission system costs in hydro prevailing energy markets. The proposed approach is based on nodal pricing, and it considers multiple hydrological scenarios obtained from optimized energy models. These models are much closer to the operational reality of hydro dominant systems and more adequate to the transmission operation planning. The nodal pricing strategy comprises two steps to recover the total costs of the transmission system. The first one calculates the charges corresponding to the utilized network capacity, estimated at a specified operating condition, and it brings the locational signal to the tariff. In the second step, the charges related to the transmission capacity available but not used in the system are assessed by a postage stamp. This latter step accomplishes the task of recovering the total transmission charges and defining the final tariff for specific operating dispatching. On the other hand, the optimized energy models, based on stochastic dual dynamic programming, are used to minimize the operating costs while penalizing possible energy spillages. These models create monthly sequences of hydrothermal coordinated generating scenarios and dispatching conditions, which are used by the nodal pricing strategy to produce the generation/load charges and tariffs and the corresponding statistics. The proposed method, combining the nodal pricing strategy and the optimized energy model, is applied to a Brazilian network configuration and the results are fully discussed. Moreover, probabilistic analyses are also performed to describe the annual costs of transmission of thermoelectric and hydroelectric plants and industrial electrointensive consumers installed in different areas of the network.

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Transmission-service pricing by incorporating load following and correlation factors within a restructured environment

Cited by 8 publications

References 22 publications

Novel dynamic framework to form transmission tariffs with suitable economic signals

Novel dynamic framework to form transmission tariffs with suitable economic signals

Circuit-theory-based method for transmission fixed cost allocation based on game-theory rationalized sharing of mutual-terms

Toward a New Nodal Pricing Policy of the Brazilian Transmission System Considering Multiple Hydrological Scenarios

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