Reliability and Cost Assessment of Power Transmission Networks in the Competitive Electrical Energy Market

Papakammenos, DJ; Dialynas, EN

dc.contributor.author	Papakammenos, DJ	en
dc.contributor.author	Dialynas, EN	en
dc.date.accessioned	2014-03-01T01:21:18Z
dc.date.available	2014-03-01T01:21:18Z
dc.date.issued	2004	en
dc.identifier.issn	0885-8950	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/16191
dc.subject	Competitive market	en
dc.subject	Monte-Carlo simulation	en
dc.subject	Power transmission networks	en
dc.subject	Reliability	en
dc.subject	Transmission transactions	en
dc.subject	Wheeling	en
dc.subject.classification	Engineering, Electrical & Electronic	en
dc.subject.other	Competition	en
dc.subject.other	Computational methods	en
dc.subject.other	Computer simulation	en
dc.subject.other	Contracts	en
dc.subject.other	Costs	en
dc.subject.other	Electric power systems	en
dc.subject.other	Marketing	en
dc.subject.other	Monte Carlo methods	en
dc.subject.other	Reliability	en
dc.subject.other	Competitive market	en
dc.subject.other	Transmission transactions	en
dc.subject.other	Wheeling	en
dc.subject.other	Electric power transmission networks	en
dc.title	Reliability and Cost Assessment of Power Transmission Networks in the Competitive Electrical Energy Market	en
heal.type	journalArticle	en
heal.identifier.primary	10.1109/TPWRS.2003.821451	en
heal.identifier.secondary	http://dx.doi.org/10.1109/TPWRS.2003.821451	en
heal.language	English	en
heal.publicationDate	2004	en
heal.abstract	Electric power systems are increasingly involved in the competitive electrical energy market where several players have access to the transmission networks even though in a regulated way. The purpose of this paper is to present an improved computational method and the associated computer program RACTRS that can be used for the reliability and cost analysis of power transmission networks that accommodate transmission transactions. This is a method that is based on a Monte-Carlo sequential simulation approach and gives an increased emphasis in the realistic and efficient representation of the real design and operational characteristics and practices applied by the electric utilities today. For this purpose, the operating aspects of wheeling transactions are integrated into the developed method together with a technique for tracing the power flows through the meshed transmission networks. An extended set of appropriate reliability and cost indices is calculated for each load-point of interest, the entire system and each wheeling transaction under consideration. The analysis of a system based on the IEEE-RTS is also included for a number of studies representing the various operating and design characteristics.	en
heal.publisher	IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC	en
heal.journalName	IEEE Transactions on Power Systems	en
dc.identifier.doi	10.1109/TPWRS.2003.821451	en
dc.identifier.isi	ISI:000188951000051	en
dc.identifier.volume	19	en
dc.identifier.issue	1	en
dc.identifier.spage	390	en
dc.identifier.epage	398	en