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Review of Methods to Calculate Congestion Cost Allocation in Deregulated Electricity Market
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作者 Jiawei Zhao Jianfeng Lu Kwok Lun Lo 《World Journal of Engineering and Technology》 2016年第3期16-26,共11页
With maturing deregulated environment for electricity market, cost of transmission congestion becomes a major issue for power system operation. Uniform Marginal Price and Locational Marginal Price (LMP) are the two pr... With maturing deregulated environment for electricity market, cost of transmission congestion becomes a major issue for power system operation. Uniform Marginal Price and Locational Marginal Price (LMP) are the two practical pricing schemes on energy pricing and congestion cost allocation, which are based on different mechanisms. In this paper, these two pricing schemes are introduced in detail respectively. Also, the modified IEEE-14-bus system is used as a test system to calculate the allocated congestion cost by using these two pricing schemes. 展开更多
关键词 deregulated electricity market Transmission Congestion Management Congestion Cost Allocation Uniform Marginal Price and Locational Marginal Price
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An approach to Iocational marginal price based zonal congestion management in deregulated electricity market 被引量:2
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作者 Md SARWAR Anwar Shahzad SIDDIQUI 《Frontiers in Energy》 SCIE CSCD 2016年第2期240-248,共9页
Congestion of transmission line is a vital issue and its management pose a technical challenge in power system deregulation. Congestion occurs in deregulated electricity market when transmission capacity is not suffic... Congestion of transmission line is a vital issue and its management pose a technical challenge in power system deregulation. Congestion occurs in deregulated electricity market when transmission capacity is not sufficient to simultaneously accommodate all constraints of power transmission through a line. Therefore, to manage congestion, a locational marginal price (LMP) based zonal congestion management approach in a deregulated elec- tricity market has been proposed in this paper. As LMP is an economic indicator and its difference between two buses across a transmission line provides the measure of the degree of congestion, therefore, it is efficiently and reliably used in deregulated electricity market for conges- tion management. This paper utilizes the difference of LMP across a transmission line to categorize various congestion zones in the system. After the identification of congestion zones, distributed generation is optimally placed in most congestion sensitive zones using LMP difference in order to manage congestion. The performance of the proposed methodology has been tested on the IEEE 14-bus system and IEEE 57-bus system. 展开更多
关键词 locational marginal price (LMP) distributed generation pool market deregulated electricity market congestion management
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A Novel Approach for a Two Area Load Frequency Control in a Competitive Electricity Market Adopting Unscheduled Interchange Price
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作者 Murugesan Bhavani Kamatchi Selvi Ravi Durga 《Circuits and Systems》 2016年第7期1155-1166,共11页
This paper proposes a novel price based load frequency control scheme for a two area system, using an Unscheduled Interchange (UI) price signal, which is ideal and suitable for electricity market. The Government of In... This paper proposes a novel price based load frequency control scheme for a two area system, using an Unscheduled Interchange (UI) price signal, which is ideal and suitable for electricity market. The Government of India has introduced Availability Based Tariff (ABT) structure with an intention of ensuring grid security and to regulate grid indiscipline through Central Electricity Regulatory Commission Regulation. After the introduction of this regulation, the over or under injection by the generating companies (GENCOs) during off peak or peak hours are demoralized and the frequency is maintained at the nominal value. In this paper, the GENCOs instead of reacting to this price signal manually, an automated mode of frequency control is deployed in each area using UI price signal to achieve fast response to load change. The Distribution Company (DISCO) Participation Matrix (DPM) has also been employed in this work to relate the scenario under deregulation of electricity market. The proposed scheme has been verified for different cases by simulating it on a two area system, each having four GENCOs and one DISCO in MATLAB/SIMULINK environment. From the results, it is clearly observed that if the proposed method is employed by all GENCOs, it will certainly enhance the control of system frequency and at the same time throw down the UI liability of market participants. It also ensures that the GENCOs and DISCOs strictly adhere to the bilateral contract following the DISCO participation matrix. 展开更多
关键词 deregulated electricity market Bilateral Contract Unscheduled Interchange CONTRACT
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