Transmission Pricing in Deregulated Power System for IEEE 30 bus

Authors(3) :-Mrs. Archana Shirbhate*, Mr. V. K. Chandrakar, Mr. R. M. Mohril

Transmission pricing has become a major issue in the discussions about the deregulated electricity markets. Consequently, open access to the transmission system is one of the basic topics to allow competition among participants in the energy market. Transmission costs have an important impact on relative competition among participants in the energy market as well as on short- and long-term economic efficiencies of the whole electricity industry, although they represent only close to 10% of the energy market price. This paper deals with the design and tests of a transmission pricing method based on the optimal circuit prices derived from the economically adapted network (EAN). The computation and the analysis of the nodal prices have been realized with a modified version of MATPOWER. In addition this paper analyses the consequences of system participants’ bid behaviour and its effect on the systems congestion. Prices derived from the EAN have the advantage of being in tune with the maximum revenue allowed to the owner of transmission assets and simplifying the optimal allocation of transmission costs among participants. Beginning from the conceptual design, the proposed method is tested on a three-bus network and on the IEEE 30-bus reliability test system.

Authors and Affiliations

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

OPF, Power Market, Transmission Pricing, IEEE bus

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Publication Details

Published in : Volume 4 | Issue 3 | January-February 2018
Date of Publication : 2018-01-30
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 287-292
Manuscript Number : NCAEAS4360
Publisher : Technoscience Academy

Print ISSN : 2395-6011, Online ISSN : 2395-602X

Cite This Article :

Mrs. Archana Shirbhate*, Mr. V. K. Chandrakar, Mr. R. M. Mohril, " Transmission Pricing in Deregulated Power System for IEEE 30 bus ", International Journal of Scientific Research in Science and Technology(IJSRST), Print ISSN : 2395-6011, Online ISSN : 2395-602X, Volume 4, Issue 3, pp.287-292, January-February-2018.
Journal URL : http://ijsrst.com/NCAEAS4360

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