Slack-bus independent penalty factor for regional spot pricing under deregulation

Moon, Young-Hyun; Hong, Hyo-Sik; Ryu, Heon-Su; Choi, Byoung-Kon; Park, Jung-Do

doi:10.1016/s0142-0615(02)00014-5

Cited by 17 publications

(12 citation statements)

References 4 publications

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“…Thus, the independent variables for system losses become active injection powers only. Previous research on the calculation of the slack bus-independent loss sensitivity factor can be found in the literature [22], [23]. Based on these studies, the loss sensitivity factors for an i-th generator bus can be obtained as follows:…”

Section: Loss Sensitivity Factormentioning

confidence: 99%

“…The derivation of (19) is given in references [22], [23]. Although active injection power (P i ) is an independent variable, it is not explicitly included in (19).…”

Section:  mentioning

confidence: 99%

“…In this paper, the slack-bus-independent loss sensitivity factor [22], [23] is adopted to minimize the variation of the sensitivity with the selection of the slack bus. Instead of a transaction matrix, this paper employs a transaction ratio matrix that provides information on the ratio of the generation (the load) supplying for (receiving from) each load (generator).…”

Section: Introductionmentioning

confidence: 99%

“…The distributed slack bus [22], [23] is employed to remove the slack-bus dependency in loss allocation.…”

Section: Introductionmentioning

confidence: 99%

“…Once the bus-wise transaction power for each generation is determined, the transaction ratio matrix is constructed, and the bus-wise loss sensitivity factors can be easily calculated using (19) and (22).…”

mentioning

confidence: 99%

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Accurate Transmission Loss Allocation Algorithm Based on the Virtual Transaction Strategy: Comparison of Path-integral with Discrete Integral Methods

Min¹,

Moon²

2010

Journal of Electrical Engineering and Technology

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-This paper presents a new algorithm to determine accurate bus-wise transmission loss allocation utilizing path-integrals dictated by the transaction strategy. For any transaction strategy, the total sum of the allocated transmission losses of all buses is equal to the actual loss given by the AC powerflow calculation considering the distributed slack. In this paper, the bus-wise allocation of the transmission loss is calculated by integrating the differential loss along a path determined by the transaction strategy. The proposed algorithm is also compared with Galiana's method, which is the well-known transmission loss allocation algorithm based on integration. The performance of the proposed algorithm is evaluated by case studies carried out on the WSCC 9-bus, IEEE 14-bus, New England 39-bus, and IEEE 118-bus systems. The simulation results show that the proposed algorithm is fast and accurate with a large step size.

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Section: Loss Sensitivity Factormentioning

confidence: 99%

“…The derivation of (19) is given in references [22], [23]. Although active injection power (P i ) is an independent variable, it is not explicitly included in (19).…”

Section:  mentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

“…The distributed slack bus [22], [23] is employed to remove the slack-bus dependency in loss allocation.…”

Section: Introductionmentioning

confidence: 99%

mentioning

confidence: 99%

See 3 more Smart Citations

Accurate Transmission Loss Allocation Algorithm Based on the Virtual Transaction Strategy: Comparison of Path-integral with Discrete Integral Methods

Min¹,

Moon²

2010

Journal of Electrical Engineering and Technology

Self Cite

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Advanced Path Integral Algorithm of Transmission Loss Allocation Using Smoothness of Loss Sensitivity

Moon

Yun²,

Joo³

et al. 2015

IFAC-PapersOnLine

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A multi-agent based design of bidding mechanism for transmission loss reduction

Jin

Zhong

et al. 2016

International Journal of Electrical Power & Energy Systems

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This paper investigates a new bidding mechanism to minimize the transmission losses in a day-ahead market based on generators' power utilization ratio. A reachable set based loss allocation method is developed to assign active losses to generating companies (GenCos). The line losses borne by GenCos are characterized and measured by a loss adjustment factor. Power is allocated to GenCos based on the virtual market clearing price calculated via an iterative power adjustment procedure, aiming at minimizing the overall transmission losses. Under the multi-agent game framework, we further analyze GenCos' responsive bidding strategy which has not been adequately addressed in literature. The performance of the proposed bidding mechanism is extensively tested on the IEEE 14-bus system. The results show that the proposed bidding mechanism is able to lower the overall transmission losses.

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Slack-bus independent penalty factor for regional spot pricing under deregulation

Cited by 17 publications

References 4 publications

Accurate Transmission Loss Allocation Algorithm Based on the Virtual Transaction Strategy: Comparison of Path-integral with Discrete Integral Methods

Accurate Transmission Loss Allocation Algorithm Based on the Virtual Transaction Strategy: Comparison of Path-integral with Discrete Integral Methods

Advanced Path Integral Algorithm of Transmission Loss Allocation Using Smoothness of Loss Sensitivity

A multi-agent based design of bidding mechanism for transmission loss reduction

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