VALUE-BASED ELECTRIC TRANSMISSION COSTS ALLOCATION

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ROUSTAEI M.; SHEIKH EL ESLAMI M.K.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF IRANIAN ASSOCIATION OF ELECTRICAL AND ELECTRONICS ENGINEERS Year:2015 | Volume:12 | Issue:1 Page(s): 95-109

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Information Journal Paper

Title

VALUE-BASED ELECTRIC TRANSMISSION COSTS ALLOCATION

Author(s)

ROUSTAEI M. | SHEIKH EL ESLAMI M.K. | Issue Writer Certificate

Keywords

ELECTRIC MARKETQ2

TRANSMISSION SERVICESQ2

COST ALLOCATIONQ2

VALUE-BASEDQ2

COMMERCIAL CAPACITYQ2

RELIABILITYQ1

Abstract

Despite the fact that transmission network has a vital role in electricity markets and cost of transmission expansion is considerable, but transmission charges represent a small percentage of power system operating costs. Thus, transmission COST ALLOCATION should be a reasonable economic indicator to make decisions on facility allocation, transmission expansion and other similar market tasks.This paper, focusing on VALUE-BASED transmission pricing, includes commercial and RELIABILITY benefits. The capacity of each transmission facility is divided into two parts: COMMERCIAL CAPACITY and RELIABILITY capacity. COMMERCIAL CAPACITY represents the economic role of transmission capacity as well as RELIABILITY capacity that represents the security role of transmission. The COST ALLOCATION of COMMERCIAL CAPACITY is determined by calculation of beneficiaries of each transmission facility. For RELIABILITY capacity of each facility, the contribution of each transmission user is determined by estimation of RELIABILITY benefits of each facility by taking into account transmission forced outage rates as well as the outage impact factors. With this transmission pricing method, we allocate the transmission cost to the users in a more reasonable way as compared to conventional transmission pricing. Finally, the proposed method is applied to a 3-bus and 24-bus (IEEE - RTS) test system.

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APA: Copy

ROUSTAEI, M., & SHEIKH EL ESLAMI, M.K.. (2015). VALUE-BASED ELECTRIC TRANSMISSION COSTS ALLOCATION. JOURNAL OF IRANIAN ASSOCIATION OF ELECTRICAL AND ELECTRONICS ENGINEERS, 12(1), 95-109. SID. https://sid.ir/paper/115687/en

Vancouver: Copy

ROUSTAEI M., SHEIKH EL ESLAMI M.K.. VALUE-BASED ELECTRIC TRANSMISSION COSTS ALLOCATION. JOURNAL OF IRANIAN ASSOCIATION OF ELECTRICAL AND ELECTRONICS ENGINEERS[Internet]. 2015;12(1):95-109. Available from: https://sid.ir/paper/115687/en

IEEE: Copy

M. ROUSTAEI, and M.K. SHEIKH EL ESLAMI, “VALUE-BASED ELECTRIC TRANSMISSION COSTS ALLOCATION,” JOURNAL OF IRANIAN ASSOCIATION OF ELECTRICAL AND ELECTRONICS ENGINEERS, vol. 12, no. 1, pp. 95–109, 2015, [Online]. Available: https://sid.ir/paper/115687/en

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