M. Ghayeni, R. Ghazi,
Volume 6, Issue 4 (12-2010)
Abstract
This paper proposes an algorithm for transmission cost allocation (TCA) in a large power system based on nodal pricing approach using the multi-area scheme. The nodal pricing approach is introduced to allocate the transmission costs by the control of nodal prices in a single area network. As the number of equations is dependent on the number of buses and generators, this method will be very time consuming for large power systems. To solve this problem, the present paper proposes a new algorithm based on multi-area approach for regulating the nodal prices, so that the simulation time is greatly reduced and therefore the TCA problem with nodal pricing approach will be applicable for large power systems. In addition, in this method the transmission costs are allocated to users more equitable. Since the higher transmission costs in an area having a higher reliability are paid only by users of that area in contrast with the single area method, in which these costs are allocated to all users regardless of their locations. The proposed method is implemented on the IEEE 118 bus test system which comprises three areas. Results show that with application of multi-area approach, the simulation time is greatly reduced and the transmission costs are also allocated to users with less variation in new nodal prices with respect to the single area approach.
M. Ghayeni,
Volume 15, Issue 4 (12-2019)
Abstract
In this paper, the new approach for the transmission reliability cost allocation (TRCA) problem is proposed. In the conventional TRCA problem, for calculating the contribution of each user (generators & loads or contracts) in the reliability margin of each transmission line, the outage analysis is performed for all system contingencies. It is obvious that this analysis is very time-consuming for large power systems. This paper suggests that this calculation should be done only for major contingencies. To do this, at first, the contingency filtering technique (CFT) is introduced based on the new economic indices that quantify the severity of each contingency to determine the critical contingencies. Then the results of contingency filtering are used in the TRCA problem. The simulation results are reported for the IEEE 118-bus test system. The obtained results show that by application of CFT in TRCA problem, the simulation time is greatly reduced, but the percentage of error remains within an acceptable limit.