Slack-bus independent penalty factor for regional spot pricing under deregulation

被引:9
作者
Moon, YH [1 ]
Hong, HS [1 ]
Ryu, HS [1 ]
Choi, BK [1 ]
Park, JD [1 ]
机构
[1] Yonsei Univ, Dept Elect Engn, Seoul 120749, South Korea
关键词
Deregulation; Electricity market systems; Penalty factor; Spot pricing; Transmission loss;
D O I
10.1016/S0142-0615(02)00014-5
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
Recently, the deregulation has been a hot issue in electric power industries with the introduction of the bidding system to electric power markets. One of the main topics associated with the deregulation is spot pricing where the exact analysis of transmission loss and the method of calculating reliable penalty factor play an important role. Penalty factors calculated with conventional methods are highly dependent on the location of the slack bus, which brings about unfair competition to Independent Power Producers (IPPs). This paper presents a new method of calculating the exact and reliable penalty factor independent of the change of the slack bus. The proposed method is tested on IEEE 14 bus system, New England 39 bus system and OH-145 bus system. The test results show that the proposed method can give more reliable information of the penalty factors for the regional spot pricing. (C) 2002 Elsevier Science Ltd. All rights reserved.
引用
收藏
页码:821 / 826
页数:6
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