A comprehensive tool for congestion-based nodal price modelling

Nappu, M. B. and Saha, T. K. (2009). A comprehensive tool for congestion-based nodal price modelling. In: , Proceedings of the IEEE Power and Energy Society (PES) 2009 General Meeting. 2009 IEEE Power and Energy Society General Meeting, PES '09, Calgary, AB, Canada, (1-8). 26-30 July 2009.


Author Nappu, M. B.
Saha, T. K.
Title of paper A comprehensive tool for congestion-based nodal price modelling
Conference Paper Type Fully Published Paper
Conference name 2009 IEEE Power and Energy Society General Meeting, PES '09
DOI 10.1109/PES.2009.5275530
Conference location Calgary, AB, Canada
Conference dates 26-30 July 2009
Convener Bill Kennedy
Proceedings title Proceedings of the IEEE Power and Energy Society (PES) 2009 General Meeting
Journal name 2009 Ieee Power
Place published Piscataway, NJ, United States
Publisher IEEE
Publication date 2009
Year available 2009
ISBN 9781424442416
Start page 1
End page 8
Total pages 8
Collection year 2010
Language eng
Formatted Abstract/Summary An effective nodal price modeling is the key factor in managing transmission issues, which is able to generate correct economic signal. This paper examines the main idea behind the congestion-based nodal price modeling and further discusses the techniques used to incorporate transmission usage tariff into the model as a scheme of the authors' proposed models. In this comprehensive approach pricing of transmission services is implemented together with short-term nodal pricing or locational marginal prices, which represents energy price, cost of the loss, and network congestion. Optimal power flow with shift factor methodology is utilized in the model and is compared with the dc optimal power flow method to measure the performance of the proposed scheme
Subjects E1
850603 Energy Systems Analysis
0906 Electrical and Electronic Engineering
Keyword Electricity market
Locational marginal prices
Nodal price modeling
Transmission congestion
Q-Index Code E1
Q-Index Status Confirmed Code
Institutional Status UQ

 
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Created: Tue, 20 Apr 2010, 10:45:13 EST by Tracey Miller on behalf of School of Information Technol and Elec Engineering