A Transmission Pricing Method Considering Long-Term Capacity Cost

Abstract:

In the research of electricity market, electricity pricing is a key issue. Transmission pricing affects the interests of generation company, transmission company and consumer. In this paper, a new method of transmission pricing is proposed .It is based on the short term marginal cost method and further considers capacity cost. Simulation results show that the method proposed can not only lead to short-run market efficiency by providing effective economic signals to generators and consumers, but also ensure the balance between income and expenditure of transmission companies as well as help them accumulate special fund for transmission network expansion.

• Periodical: Applied Mechanics and Materials (Volumes 316-317)
• Pages: 128-131
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.316-317.128
• Online since: April 2013
• Authors: Xu Liu, Yang Liu
• Keywords: Congestion Cost, Electricity Market, Transmission Pricing

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