Abstract
In a competitive electricity market, transmission can be viewed as being in competition with generation. The transmission network indeed allows remote generators to compete with local ones. Thus, transmission benefits are not the same for all and this fact is important in transmission cost allocation method. There are various methods to allocate the transmission costs among the network users; but the most of the proposed methods are only based on the transmission flow (or physical usage).This paper, focusing on transmission cost allocation in an economic way that is based on “users’ benefits”. This method is according to transmission value and direct beneficiaries of transmission which are indirectly related to transmission physical usage. The beneficiaries of each transmission facility are determined for each market participant (consumer and/or producer) by calculating its revenues with and without the facility. The proposed algorithm is applied to a 3-bus and 24-bus IEEE test system and their results are compared to popular Bialek’s tracing method.
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