{"title":"Locational marginal transmission pricing for 765kV transmission line","authors":"V. Umale, S. Warkad","doi":"10.1109/ICCS1.2017.8325959","DOIUrl":null,"url":null,"abstract":"Transmission pricing is mainly adopt the issue of recovering embedded cost and optimal allocation of variable cost at different nodes over the grid. Pricing aim to translate transmission cost into tariffs to enable competition, lead to economic efficiency, enable the grid owner to recover his cost and more transparent to market participants while maintaining supply security and reliability of the system. These transmission pricing depends on generator, load levels and transmission line constraints. Transmission line constraints result is variations in energy prices throughout the network. The proposed approach is based on AC optimal power flow model with considering of losses. Resulting optimization problem is solved by linear programming approach. Locational Marginal Pricing methodology is used to determine the energy price for transacted power and to manage the network congestion and marginal losses. Variation of LMP values with transmission constraint conditions also studied. Simulation is carried out on IEEE 57 bus system and 765kV/400kV MSETCL system of Maharashtra transmission line for real data bus system and the results are presented.","PeriodicalId":367360,"journal":{"name":"2017 IEEE International Conference on Circuits and Systems (ICCS)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2017-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2017 IEEE International Conference on Circuits and Systems (ICCS)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/ICCS1.2017.8325959","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
Transmission pricing is mainly adopt the issue of recovering embedded cost and optimal allocation of variable cost at different nodes over the grid. Pricing aim to translate transmission cost into tariffs to enable competition, lead to economic efficiency, enable the grid owner to recover his cost and more transparent to market participants while maintaining supply security and reliability of the system. These transmission pricing depends on generator, load levels and transmission line constraints. Transmission line constraints result is variations in energy prices throughout the network. The proposed approach is based on AC optimal power flow model with considering of losses. Resulting optimization problem is solved by linear programming approach. Locational Marginal Pricing methodology is used to determine the energy price for transacted power and to manage the network congestion and marginal losses. Variation of LMP values with transmission constraint conditions also studied. Simulation is carried out on IEEE 57 bus system and 765kV/400kV MSETCL system of Maharashtra transmission line for real data bus system and the results are presented.