By Topic

Application of the Shapley Value on transmission cost allocation in the competitive power market environment

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $31
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

2 Author(s)
Tan, X. ; Sch. of Electr. & Electron. Eng., Nanyang Technol. Univ., Singapore ; Lie, T.T.

The Shapley value of cooperative game theory is proposed to allocate the transmission cost incurred to accommodate all the loads. This method overcomes the drawbacks of conventionally used methods, such as postage-stamp method and MW-miles method, and encouraging the economically optimal usage of the transmission facilities. The simulation results showed that the allocation solution met the requirements of an appropriate pricing strategy and generated the allocation solution that impartial observers would consider fair and desirable.

Published in:

Generation, Transmission and Distribution, IEE Proceedings-  (Volume:149 ,  Issue: 1 )