Pricing of Transmission Network Usage using MATPOWER
Keywords:
OPF, Power Market, Transmission Pricing, IEEE bus, Pool Market, bidAbstract
The liberalization of electricity market has led to a higher demand for transparency in congestion management. This paper studies the suppliers’ participation in the nodal price congestion component. In the present work, the nodal prices have been divided into a component for the generation and the losses and a system congestions’ component. The nodal prices have been computed and analysed using a modified version of MATPOWER. In addition this paper investigates the consequences of system participants bids behaviour and its influence on the power system situation. Results from a 9-nodes test system as well as from a realistic high voltage network are also presented.
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