Integrating the transmission loss component with the distribution factors enhanced transmission pricing method for efficient transmission use of system charges

Nur Hanis Radzi; Ramesh C. Bansal; Zhao Yang Dong; Mohammad Yusri Hassan

doi:10.1080/15325008.2014.963267

Integrating the transmission loss component with the distribution factors enhanced transmission pricing method for efficient transmission use of system charges

Nur Hanis Radzi
, Ramesh C. Bansal^*
, Zhao Yang Dong
, Mohammad Yusri Hassan

^*Corresponding author for this work

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

6 Citations (Scopus)

Abstract

This article proposes a transmission pricing method that integrates the transmission loss component with the distribution factors enhanced transmission pricing method for the pool electricity market. Two new schemes are proposed: (1) New Scheme 1 - the losses are allocated only for the locational charges and (2) New Scheme 2 - the losses are allocated for both locational and non-locational charges. Both methods use justified distribution factors to evaluate the transmission line flows more accurately. The transmission losses are allocated among the market users by integrating the generalized generation justified distribution factors and generalized load justified distribution factors with the modified pro-rata method. The proposed approach is tested on the 10-machine IEEE 39-bus (New England) system to prove its effectiveness. Results show that the proposed method is able to reconcile transmission service cost fairly. © 2015 Taylor & Francis Group, LLC.

Original language	English
Pages (from-to)	10-21
Journal	Electric Power Components and Systems
Volume	43
Issue number	1
DOIs	https://doi.org/10.1080/15325008.2014.963267
Publication status	Published - 2 Jan 2015
Externally published	Yes

Bibliographical note

Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

Research Keywords

istribution factors enhanced transmission pricing
justified distribution factors
locational and non-locational charges
loss allocation
pro-rata method
transmission pricing

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title = "Integrating the transmission loss component with the distribution factors enhanced transmission pricing method for efficient transmission use of system charges",

abstract = "This article proposes a transmission pricing method that integrates the transmission loss component with the distribution factors enhanced transmission pricing method for the pool electricity market. Two new schemes are proposed: (1) New Scheme 1 - the losses are allocated only for the locational charges and (2) New Scheme 2 - the losses are allocated for both locational and non-locational charges. Both methods use justified distribution factors to evaluate the transmission line flows more accurately. The transmission losses are allocated among the market users by integrating the generalized generation justified distribution factors and generalized load justified distribution factors with the modified pro-rata method. The proposed approach is tested on the 10-machine IEEE 39-bus (New England) system to prove its effectiveness. Results show that the proposed method is able to reconcile transmission service cost fairly. {\textcopyright} 2015 Taylor \& Francis Group, LLC.",

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Integrating the transmission loss component with the distribution factors enhanced transmission pricing method for efficient transmission use of system charges. / Radzi, Nur Hanis; Bansal, Ramesh C.; Dong, Zhao Yang et al.
In: Electric Power Components and Systems, Vol. 43, No. 1, 02.01.2015, p. 10-21.

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

TY - JOUR

T1 - Integrating the transmission loss component with the distribution factors enhanced transmission pricing method for efficient transmission use of system charges

AU - Radzi, Nur Hanis

AU - Bansal, Ramesh C.

AU - Dong, Zhao Yang

AU - Hassan, Mohammad Yusri

N1 - Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

PY - 2015/1/2

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N2 - This article proposes a transmission pricing method that integrates the transmission loss component with the distribution factors enhanced transmission pricing method for the pool electricity market. Two new schemes are proposed: (1) New Scheme 1 - the losses are allocated only for the locational charges and (2) New Scheme 2 - the losses are allocated for both locational and non-locational charges. Both methods use justified distribution factors to evaluate the transmission line flows more accurately. The transmission losses are allocated among the market users by integrating the generalized generation justified distribution factors and generalized load justified distribution factors with the modified pro-rata method. The proposed approach is tested on the 10-machine IEEE 39-bus (New England) system to prove its effectiveness. Results show that the proposed method is able to reconcile transmission service cost fairly. © 2015 Taylor & Francis Group, LLC.

AB - This article proposes a transmission pricing method that integrates the transmission loss component with the distribution factors enhanced transmission pricing method for the pool electricity market. Two new schemes are proposed: (1) New Scheme 1 - the losses are allocated only for the locational charges and (2) New Scheme 2 - the losses are allocated for both locational and non-locational charges. Both methods use justified distribution factors to evaluate the transmission line flows more accurately. The transmission losses are allocated among the market users by integrating the generalized generation justified distribution factors and generalized load justified distribution factors with the modified pro-rata method. The proposed approach is tested on the 10-machine IEEE 39-bus (New England) system to prove its effectiveness. Results show that the proposed method is able to reconcile transmission service cost fairly. © 2015 Taylor & Francis Group, LLC.

KW - istribution factors enhanced transmission pricing

KW - justified distribution factors

KW - locational and non-locational charges

KW - loss allocation

KW - pro-rata method

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DO - 10.1080/15325008.2014.963267

M3 - RGC 21 - Publication in refereed journal

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EP - 21

JO - Electric Power Components and Systems

JF - Electric Power Components and Systems

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Integrating the transmission loss component with the distribution factors enhanced transmission pricing method for efficient transmission use of system charges

Abstract

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Research Keywords

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