Open transmission access: an efficient minimal role for the ISO

Alvarado, F.L.; Camfield, Robert; Rajaraman, R.

doi:10.1109/hicss.1997.663218

Cited by 7 publications

(4 citation statements)

References 10 publications

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“…Of course the proposition is not for a total free market, especially in its inception stage but with the existence of a regulating body, known as an ISO [3], who plays the role of a supervisor for system operation, planning and security It has operational control authority over the whole power system and normally operates and maintains the transmission lines. Deregulation not only reforms the way business transaction is performed in the energy market, but also the gencos' business strategy by only supplying sufficient power to meet the demand at a given point of time to prevent unrecovered generation cost [4].…”

Section: Introductionmentioning

confidence: 99%

Prediction using learning coefficients for efficient operation of deregulated electricity market

Nallagownden¹,

Masri²

2010

AJSIR

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Deregulation and restructuring of electric power industry is occurring in many parts of the world. It is aimed at introducing competition in the supply and retail side of the industry, while maintaining control over the transmission lines. Tracing methodology hence had been introduced to overcome problems related to the Marginal pricing of transmission costs. This paper first analyses of the proportional method which leads to a redefined power tracing method, and then further refines the proposed prediction method by establishing trends of the learning coefficients, using them to examine the relationship between accuracy and number of samples taken. Response of individual generators to change in demand and the corresponding associated losses are also presented. MATLAB with matpower4.0b extension was used to present the study on the IEEE 24bus RTS.

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Section: Introductionmentioning

confidence: 99%

Prediction using learning coefficients for efficient operation of deregulated electricity market

Nallagownden¹,

Masri²

2010

AJSIR

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“…Regulatory body, operation environment, technologies, definition of boundary, and the nature of electricity business have changed very fast. Therefore, it is very difficult and almost impossible to use the old rules or regulations, which were designed decades ago even before the creation of computers, to manage and control the current power industry [1,34]. In the past, production and distribution of electricity had been considered as natural monopoly due to the economic scale [33].…”

Section: Introductionmentioning

confidence: 99%

“…This was the major incentive to the development of the Independent System Operator (ISO). How to carry out a smooth transition from the regulated and protected environment to a more open and competitive market, ISO may have an important role to play [1,17].…”

Section: Introductionmentioning

confidence: 99%

A multi-agent approach to the deregulation and restructuring of power industry

Wu¹,

Yeung²,

Poon³

et al.

Proceedings of the Thirty-First Hawaii International Conference on System Sciences

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In recent years, electric utility industry in the whole world has been facing pressure to be deregulated or restructured in order to increase its efficiency, to reduce operational costs or to give consumers more alternatives. The once centralized system planning and operation management must be remodelled to adapt to the new market environment. Subject to the unavoidable constraints, such as, capacity of generation stations, physical limitations of the transmission lines, and demand on days-ahead scheduling, the current trading mechanism needs to be revised so that any party can involve in this freemarket decor. This paper presents a multi-agent approach to resolve the multilateral trading problem. We have implemented a prototype based on Bilateral Shapley Value and Internet technologies. The prototype has been tested with a classical six-bus system.

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“…The simulation of the so called minimum ISO, as presented in [6] and [7], can be used to illustrate this approach. The main idea behind the minimum ISO proposal is to give more freedom to electric market participants to engage in multilateral trades.…”

Section: Interaction With Other Packagesmentioning

confidence: 99%