A novel method for transmission system cost allocation with better accuracy and fairness

Mehta, Rashesh P.; Soman, S. A.; Rao, M. Sreenivasulu

doi:10.1007/s12046-022-01835-0

Cited by 1 publication

(4 citation statements)

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“…Schweppe in [20,21]. Since then, domestic and foreign scholars have continued to expand and improve the concept and their models of node electricity price, as shown in [22][23][24][25][26]. In the operation and planning of a power grid, transmission costs account for a large proportion, and the total transmission costs cannot be compensated for by marginal transmission income alone, as shown in [22,23].…”

Section: Literature Survey On Nodal Electricity Price Model Based On ...mentioning

confidence: 99%

“…Therefore, scholars have begun factoring in transmission cost into the nodal electricity price in their studies. Transmission cost was integrated into the node electricity price according to the power tracking principle in [24][25][26].…”

Section: Literature Survey On Nodal Electricity Price Model Based On ...mentioning

confidence: 99%

“…In [25], the fluctuation range of electricity price was set so as to reduce its fluctuation degree according to the deficiency of the method presented in [24]. Transmission electricity prices can be reasonably calculated from the nodal electricity price perspective.…”

Section: Literature Survey On Nodal Electricity Price Model Based On ...mentioning

confidence: 99%

“…None of the previous studies on calculating node electricity price have considered the impact of the load-side demand response on the power flow tracking method [24][25][26][27].…”

mentioning

confidence: 99%

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Optimal Economic Scheduling Method for Power Systems Based on Whole-System-Cost Electricity Price

Li,

Zeng,

Wang

et al. 2023

Energies

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At present, the traditional scheduling mode of power grids generally dispatches according to the power generation cost within the safe range. Transmission costs are evenly distributed to customers according to their load ratios. There are no methods for the rational distribution of transmission costs according to the utilization degree of generation and load to transmission network resources. This traditional scheduling mode will render transmission cost distribution unfair, and it is difficult to guide reasonable load distribution in time and space. Therefore, an optimal economic scheduling method for power systems based on the whole-system-cost electricity price is proposed in this paper. For the power generation and the transmission sides, the whole-system-cost electricity price model was constructed according to the power flow tracking method. For the load side, a demand-side response model of users’ responses to electricity price changes was established. Finally, the IEEE 57 node standard model was used to simulate optimal economic scheduling. The results show that the proposed method can guide the rational distribution of power flow. The power flow is shifted moderately from far away to near the power generation center, allowing for the load demand to be guided to meet nearby customers’ demands and preventing the line from blocking, the latter of which is conducive to ensuring the safety of the power grid.

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Section: Literature Survey On Nodal Electricity Price Model Based On ...mentioning

confidence: 99%

Section: Literature Survey On Nodal Electricity Price Model Based On ...mentioning

confidence: 99%

Section: Literature Survey On Nodal Electricity Price Model Based On ...mentioning

confidence: 99%

“…None of the previous studies on calculating node electricity price have considered the impact of the load-side demand response on the power flow tracking method [24][25][26][27].…”

mentioning

confidence: 99%

See 2 more Smart Citations