Abstract

Changing the structure of electrical energy markets from traditional to the restructured state, considering the loss allocation has been unavoidable. The importance of this matter is because the amount of loss consist significant part of total electrical energy. Loss in power system is a nonlinear function of power so using linear methods could not be efficient. On the other hand, applied function must consider both network characterizes and participation rate in power supplying and power consumption. The purpose of this paper is to present an applicable and modern solution based on the cooperative game theory for loss allocation of transmission lines in both pool and bilateral markets. This method has been tested on a 4 bus systems and a 14 bus IEEE.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.