Transmission loss allocations and pricing via bilateral energy transactions

Research output: Chapter in Book/Report/Conference proceedingConference contribution

28 Citations (Scopus)

Abstract

A new method to allocate transmission losses for simultaneous bilateral transactions under a deregulated environment is proposed in this paper. Instead of conventional single slack bus concept, the proposed approach utilizes pairs (sending and receiving) from specific bilateral transactions to calculate associated loss contributions in an interconnected transmission network. Distinguishing from other existing approaches, our method distributes losses to all sending buses according to the incurred losses along the paths. Real and associated reactive support can be calculated and allocated. It is proven that the derived operating point from our method is independent of the slack bus selection. A composite pricing strategy is proposed to allocate loss cost for each transaction. The IEEE 30 buses RTS system is used to demonstrate the effectiveness of our method.

Original languageEnglish
Title of host publication1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Conference Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages720-725
Number of pages6
Volume2
ISBN (Electronic)0780355695, 9780780355699
DOIs
Publication statusPublished - 1 Jan 1999
Externally publishedYes
Event1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Edmonton, Canada
Duration: 18 Jul 199922 Jul 1999

Other

Other1999 IEEE Power Engineering Society Summer Meeting, PES 1999
CountryCanada
CityEdmonton
Period18/7/9922/7/99

Fingerprint

Costs
Electric power transmission networks
Bilateral
Pricing
Energy
Bus
Composite materials
Pricing strategy

Keywords

  • Kirchoff laws
  • Loss Allocation and Pricing
  • Pairs
  • Reactive Usage Evaluation
  • Simultaneous bilateral Transactions

ASJC Scopus subject areas

  • Economics, Econometrics and Finance (miscellaneous)
  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering
  • Safety, Risk, Reliability and Quality

Cite this

Huang, G. M., & Zhang, H. (1999). Transmission loss allocations and pricing via bilateral energy transactions. In 1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Conference Proceedings (Vol. 2, pp. 720-725). [787406] Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/PESS.1999.787406

Transmission loss allocations and pricing via bilateral energy transactions. / Huang, Garng Morton; Zhang, H.

1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Conference Proceedings. Vol. 2 Institute of Electrical and Electronics Engineers Inc., 1999. p. 720-725 787406.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Huang, GM & Zhang, H 1999, Transmission loss allocations and pricing via bilateral energy transactions. in 1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Conference Proceedings. vol. 2, 787406, Institute of Electrical and Electronics Engineers Inc., pp. 720-725, 1999 IEEE Power Engineering Society Summer Meeting, PES 1999, Edmonton, Canada, 18/7/99. https://doi.org/10.1109/PESS.1999.787406
Huang GM, Zhang H. Transmission loss allocations and pricing via bilateral energy transactions. In 1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Conference Proceedings. Vol. 2. Institute of Electrical and Electronics Engineers Inc. 1999. p. 720-725. 787406 https://doi.org/10.1109/PESS.1999.787406
Huang, Garng Morton ; Zhang, H. / Transmission loss allocations and pricing via bilateral energy transactions. 1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Conference Proceedings. Vol. 2 Institute of Electrical and Electronics Engineers Inc., 1999. pp. 720-725
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