An alternative approach to deal with congestion and transmission cost

Nappu, M.B., Saha, T. K. and Fonseka, J. (2008). An alternative approach to deal with congestion and transmission cost. In: Phung, T, Proceedings of the 2008 Australasian Universities Power Engineering Conference (AUPEC'08). Australasian Universities Power Engineering Conference 2008, Sydney, Australia, (1-6). 14-17 December, 2008.

Author Nappu, M.B.
Saha, T. K.
Fonseka, J.
Title of paper An alternative approach to deal with congestion and transmission cost
Conference name Australasian Universities Power Engineering Conference 2008
Conference location Sydney, Australia
Conference dates 14-17 December, 2008
Convener Rahman, Prof Faz
Proceedings title Proceedings of the 2008 Australasian Universities Power Engineering Conference (AUPEC'08)
Journal name 2008 Australasian Universities Power Engineering Conference, AUPEC 2008
Series 2008 Australasian Universities Power Engineering Conference, AUPEC 2008
Place of Publication Sydney, Australia
Publisher AUPEC
Publication Year 2008
Sub-type Fully published paper
Open Access Status Not yet assessed
ISBN 978-0-7334-2715-2
Editor Phung, T
Start page 1
End page 6
Total pages 6
Language eng
Abstract/Summary Basic concept of nodal price modeling in competitive market environment and some special considerations on its formulation are presented in this paper. Nodal prices represented by locational marginal prices (LMP) based settlement strategy is carried out in a deregulated market environment to establish the amount of money received by generation companies from system operator and paid to system operator from customers. In this approach, cost of transmission services is implemented together with LMP which represents energy price, losses cost, and network congestion cost. The main idea behind the LMP modeling and the techniques used to incorporate transmission usage tariff into the model are discussed. A simple 3-bus network system is used to examine the model.
Subjects E1
0906 Electrical and Electronic Engineering
850603 Energy Systems Analysis
Q-Index Code E1
Q-Index Status Confirmed Code
Institutional Status UQ

 
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Created: Sun, 05 Apr 2009, 22:05:29 EST by Donna Clark on behalf of School of Information Technol and Elec Engineering