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A new wheeling price calculation method considering transmission line congestion and loss costs

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3 Author(s)
Liu, B. ; Graduate Sch. of Sci. & Eng., Chuo Univ., Tokyo, Japan ; Yafang Liu ; Inaba, T.

This paper presents a new calculation method for wheeling prices for power markets. This novel method of wheeling prices includes adding to the ordinary capacity cost, newly congestion cost and loss cost of transmission lines. Finally, case study results show that the proposed method of wheeling prices is very useful for giving an economic signal to transmission users and suppressing transmission line congestion.

Published in:

Power System Technology, 2004. PowerCon 2004. 2004 International Conference on  (Volume:2 )

Date of Conference:

21-24 Nov. 2004