A novel approach for pricing systems based on Inage domain method

Nowadays, all aspects as congestion management, renewable resources location, as well as end-users location, should be driven by proper pricing mechanisms. They should give considerable effects such as appropriate, well-thought coordination of resources location as well as network development. All of these factors should influence a complete system to increase the economic surplus of an order. It could have an impact on more effective methods of congestion management. The crucial point is taking into consideration congestion and to treat them in a way close to reality, ideally in the real-time horizon. The article embraces a short overview of the most commonly known types of energy pricing: uniform and nodal. Finally, the model of a new method for nodal pricing using Inage Domain will be presented, in which the main advantages are simplicity and low computing power for price calculation will be given.