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Title: Transmission cost allocation in multi-area power pool operation
Authors: Yu, CW
David, AK
Issue Date: 1996
Publisher: IEE, Stevenage, United Kingdom
Source: IEE conference publication, 1996, v. , no. 421, p. 52-57 How to cite?
Abstract: In an interconnected power system pool where generation is centrally dispatched, the generating responsibility and the scheduled interchange power level of each member are determined by a central authority. In order to derive an equitable method for cost reimbursement and benefit allocation among all members of a pool, a proper basis for operating cost allocation to different transmission transactions is essential. In this paper an attempt is made to break down the scheduled interchange power levels in a centrally dispatched pool into multiple 'one buyer and one seller' type bilateral transactions. The magnitude of each bilateral transaction and its associated loop flow transmission costs will be useful for cost reimbursement and benefit sharing. An algorithm is developed to solve the cost allocation problem by iteratively using a multi-area full AC optimal power flow (AC-OPF) program. The theory and implementation is illustrated through a case study. The effects of changes of system parameters such as the system loading and transmission line capacity will be demonstrated.
Description: Proceedings of the 1996 4th International Conference on Power System Control and Management, London, UK, 16-18 April 1996
ISSN: 0537-9989
Appears in Collections:Conference Paper

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