NDLI: An alternative approach to deal with congestion and transmission cost

Content Provider	IEEE Xplore Digital Library
Author	Nappu, M.B. Saha, T.K. Fonseka, J.
Copyright Year	2008
Description	Author affiliation: Sch. of Inf. Technol. & Electr. Eng., Univ. of Queensland, Brisbane, QLD (Nappu, M.B.; Saha, T.K.; Fonseka, J.)
Abstract	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.
Starting Page	1
Ending Page	6
File Size	552312
Page Count	6
File Format	PDF
ISBN	9780733427152
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2008-12-14
Publisher Place	Australia
Access Restriction	Subscribed
Rights Holder	Univ of New South Wales
Subject Keyword	Costs Power system management Pricing Propagation losses Robustness Power system security Australia Information technology Power system modeling Load flow
Content Type	Text
Resource Type	Article

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