Allocation of Transmission Loss for Determination of Locational Spot pricing

Title & Authors
Allocation of Transmission Loss for Determination of Locational Spot pricing
You, Chang-Seok; Min, Kyung-Il; Lee, Jong-Gi; Moon, Young-Hyun;

Abstract
The deregulation problem has recently attracted attentions in a competitive electric power market, where the cost must be earmarked fairly and precisely for the customers and the Independent Power Producers (IPPs) as well. Transmission loss is an one of several important factors that determines power transmission cost. Because the cost caused by transmission losses is about $\small{3{\sim}5%}$, it is important to allocate transmission losses into each bus in a power system. This paper presents the new algorithm to allocate transmission losses based on an integration method using the loss sensitivity. It provides the buswise incremental transmission losses through the calculation of load ratios considering the transaction strategy of an overall system. The performance of the proposed algorithm is evaluated by the case studies carried out on the WSCC 9-bus and IEEE 14-bus systems.
Keywords
Deregulation;Loss Sensitivity;Spot Pricing;Transaction Strategy;Transmission Loss Allocation;
Language
English
Cited by
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Accurate Transmission Loss Allocation Algorithm Based on the Virtual Transaction Strategy: Comparison of Path-integral with Discrete Integral Methods,;;

Journal of Electrical Engineering and Technology, 2010. vol.5. 4, pp.511-521
1.
Accurate Transmission Loss Allocation Algorithm Based on the Virtual Transaction Strategy: Comparison of Path-integral with Discrete Integral Methods, Journal of Electrical Engineering and Technology, 2010, 5, 4, 511
2.
Transmission Loss Allocation Algorithm Using Path-Integral Based on Transaction Strategy, IEEE Transactions on Power Systems, 2010, 25, 1, 195
3.
Prediction of transmission-line rating based on thermal overload probability using weather models, European Transactions on Electrical Power, 2009, n/a
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