Evaluation of Transmission Pricing Methodologies for Power Trading Markets

Authors

  • Mrs. Archana Shirbhate  Department of Electrical Engineering, RTM Nagpur University, Nagpur, Maharashtra, India
  • Mr. V.K.Chandrakar  Department of Electrical Engineering, RTM Nagpur University, Nagpur, Maharashtra, India
  • Mr.R.M.Mohril  Department of Electrical Engineering, RTM Nagpur University, Nagpur, Maharashtra, India

Keywords:

OPF, Power Market, Transmission Pricing, IEEE bus

Abstract

The paper evaluates transmission pricing methods under liberalized market conditions. Several concepts are being discussed, whereas three main categories can be distinguished: rolled-in transmission pricing, incremental transmission pricing and embedded/incremental transmission pricing. In order to clarify the general framework in which electricity trading and therefore transmission takes place, the basic principles of electricity markets. The electricity markets and liberalization it becomes obvious, that the question is no longer if competition should be introduced but how to organize markets in order to achieve an optimum performance. Power delivery is nowadays a bundle of many services including mainly generation, transmission and distribution. While the former vertically integrated utilities charged one price for power delivery today every single service has to be priced separately

References

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International Journal of Scientific Research in Science and Technology

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Published

2018-01-30

Issue

Volume 4, Issue 3, January-February-2018

Section

Research Articles

License

Copyright (c) IJSRST

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Mrs. Archana Shirbhate, Mr. V.K.Chandrakar, Mr.R.M.Mohril, " Evaluation of Transmission Pricing Methodologies for Power Trading Markets, International Journal of Scientific Research in Science and Technology(IJSRST), Online ISSN : 2395-602X, Print ISSN : 2395-6011, Volume 4, Issue 3, pp.79-85, January-February-2018.