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This paper introduces a reasonable and fair approach to allocate the transmission losses under a pool-based electricity market. The approach adopts the concept of Shapley value from cooperative game theory and utilizes equivalent current-injected generation and constant-impedance load models based on a converged power flow solution. The method is useful to decide a fair tariff of transmission loss charge. A 6-bus power system is tested to demonstrate the proposed method.
Industrial Technology, 2002. IEEE ICIT '02. 2002 IEEE International Conference on (Volume:2 )
Date of Conference: 11-14 Dec. 2002