Wheeling charge based on identification of transaction paths in deregulated power markets

Hiromu Hamada; Hideo Tanaka; Ryuichi Yokoyama

Wheeling charge based on identification of transaction paths in deregulated power markets

Hiromu Hamada^*, Hideo Tanaka, Ryuichi Yokoyama

^*Corresponding author for this work

Waseda University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

14 Citations (Scopus)

Abstract

In this paper, the contract path method and MW-mile method that are classified into the embedded cost method are addressed, and a new practical wheeling charging that resolves the existing disadvantages is proposed by using the identification method of transaction paths. By applying the proposed method that reflects the use of transmission systems, the wheeling charge that gives the incentive for the efficient operation of power systems is achieved fulfilling the recovery of the invested cost. In order to verify the practicability of the above mentioned proposal method, several simulations have been conducted on the IEEE 30-bus test system.

Original language	English
Title of host publication	Proceedings of the Universities Power Engineering Conference
Publication status	Published - 2009
Event	44th International Universities Power Engineering Conference, UPEC2009 - Glasgow Duration: 2009 Sept 1 → 2009 Sept 4

Other

Other	44th International Universities Power Engineering Conference, UPEC2009
City	Glasgow
Period	09/9/1 → 09/9/4

Keywords

Deregulated power markets
Embedded cost method
Transmission pricing
Wheeling

ASJC Scopus subject areas

Energy Engineering and Power Technology

Cite this

@inproceedings{048afc1465e54b00b47cfd0d2ba7566a,

title = "Wheeling charge based on identification of transaction paths in deregulated power markets",

abstract = "In this paper, the contract path method and MW-mile method that are classified into the embedded cost method are addressed, and a new practical wheeling charging that resolves the existing disadvantages is proposed by using the identification method of transaction paths. By applying the proposed method that reflects the use of transmission systems, the wheeling charge that gives the incentive for the efficient operation of power systems is achieved fulfilling the recovery of the invested cost. In order to verify the practicability of the above mentioned proposal method, several simulations have been conducted on the IEEE 30-bus test system.",

keywords = "Deregulated power markets, Embedded cost method, Transmission pricing, Wheeling",

author = "Hiromu Hamada and Hideo Tanaka and Ryuichi Yokoyama",

year = "2009",

language = "English",

isbn = "9780947649449",

booktitle = "Proceedings of the Universities Power Engineering Conference",

note = "44th International Universities Power Engineering Conference, UPEC2009 ; Conference date: 01-09-2009 Through 04-09-2009",

}

TY - GEN

T1 - Wheeling charge based on identification of transaction paths in deregulated power markets

AU - Hamada, Hiromu

AU - Tanaka, Hideo

AU - Yokoyama, Ryuichi

PY - 2009

Y1 - 2009

N2 - In this paper, the contract path method and MW-mile method that are classified into the embedded cost method are addressed, and a new practical wheeling charging that resolves the existing disadvantages is proposed by using the identification method of transaction paths. By applying the proposed method that reflects the use of transmission systems, the wheeling charge that gives the incentive for the efficient operation of power systems is achieved fulfilling the recovery of the invested cost. In order to verify the practicability of the above mentioned proposal method, several simulations have been conducted on the IEEE 30-bus test system.

AB - In this paper, the contract path method and MW-mile method that are classified into the embedded cost method are addressed, and a new practical wheeling charging that resolves the existing disadvantages is proposed by using the identification method of transaction paths. By applying the proposed method that reflects the use of transmission systems, the wheeling charge that gives the incentive for the efficient operation of power systems is achieved fulfilling the recovery of the invested cost. In order to verify the practicability of the above mentioned proposal method, several simulations have been conducted on the IEEE 30-bus test system.

KW - Deregulated power markets

KW - Embedded cost method

KW - Transmission pricing

KW - Wheeling

UR - http://www.scopus.com/inward/record.url?scp=77951758018&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=77951758018&partnerID=8YFLogxK

M3 - Conference contribution

AN - SCOPUS:77951758018

SN - 9780947649449

BT - Proceedings of the Universities Power Engineering Conference

T2 - 44th International Universities Power Engineering Conference, UPEC2009

Y2 - 1 September 2009 through 4 September 2009

ER -

Wheeling charge based on identification of transaction paths in deregulated power markets

Abstract

Other

Keywords

ASJC Scopus subject areas

Other files and links

Fingerprint

Cite this