Evaluation of transmission pricing methodologies for pool based electricity markets

Orfanos, GA; Tziasiou, GT; Georgilakis, PS; Hatziargyriou, ND

dc.contributor.author	Orfanos, GA	en
dc.contributor.author	Tziasiou, GT	en
dc.contributor.author	Georgilakis, PS	en
dc.contributor.author	Hatziargyriou, ND	en
dc.date.accessioned	2014-03-01T02:47:21Z
dc.date.available	2014-03-01T02:47:21Z
dc.date.issued	2011	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/33095
dc.subject	counter-flow	en
dc.subject	electricity tracing	en
dc.subject	embedded costs	en
dc.subject	MW-Mile	en
dc.subject	Transmission pricing	en
dc.subject.other	counter-flow	en
dc.subject.other	electricity tracing	en
dc.subject.other	Fixed cost	en
dc.subject.other	Line flows	en
dc.subject.other	Marginal costs	en
dc.subject.other	MW-miles	en
dc.subject.other	Pool-based electricity markets	en
dc.subject.other	Pricing scheme	en
dc.subject.other	Reliability test system	en
dc.subject.other	Tracing method	en
dc.subject.other	Transmission cost allocation	en
dc.subject.other	Transmission pricing	en
dc.subject.other	Cost benefit analysis	en
dc.subject.other	Depreciation	en
dc.subject.other	Economics	en
dc.subject.other	Electricity	en
dc.subject.other	Lakes	en
dc.subject.other	Sustainable development	en
dc.subject.other	Costs	en
dc.title	Evaluation of transmission pricing methodologies for pool based electricity markets	en
heal.type	conferenceItem	en
heal.identifier.primary	10.1109/PTC.2011.6019255	en
heal.identifier.secondary	http://dx.doi.org/10.1109/PTC.2011.6019255	en
heal.identifier.secondary	6019255	en
heal.publicationDate	2011	en
heal.abstract	This paper presents and analyses several approaches for transmission cost allocation in a centralized pool based electricity market environment that includes composite embedded/marginal transmission pricing mechanisms. The revenue from marginal cost based remuneration (MBR) necessitates supplementary charges; thus it is required to identify the contribution of individual generators and loads to the line flows using tracing methods and implement usage-based transmission pricing methods for allocating the remaining fixed cost. Eight transmission pricing schemes and three tracing methods are being evaluated and applied on Garver's 6-bus system and on IEEE 24-bus reliability test system to illustrate the different results derived among the pricing schemes for each tracing method or among tracing methods for each pricing scheme. © 2011 IEEE.	en
heal.journalName	2011 IEEE PES Trondheim PowerTech: The Power of Technology for a Sustainable Society, POWERTECH 2011	en
dc.identifier.doi	10.1109/PTC.2011.6019255	en