Ashok S - Academia.edu (original) (raw)
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Modeling transmission sector of electricity markets is a challenge due to issues like violation o... more Modeling transmission sector of electricity markets is a challenge due to issues like violation of network operating limits, information asymmetry and conflict of incentives. A model that addresses these concerns is a significant solution because it integrates the power business seamlessly when transmission also is competitive. In this paper, a model for transmission zone restructure is proposed. It incorporates market mechanisms to tackle network issues. A differential, elastic Transmission Service Charge (TSC) to reduce line loss and power deficit is also presented. Using this TSC as a common incentive or coalition value, transmission is modeled in a Cooperative Game Theory (CGT) environment. Counter-flow data is generated using graph theory based power vectors and information asymmetry is resolved. The method when applied to a 24 bus Indian power system gave a set of trades addressing above concerns.
Modeling transmission sector of electricity markets is a challenge due to issues like violation o... more Modeling transmission sector of electricity markets is a challenge due to issues like violation of network operating limits, information asymmetry and conflict of incentives. A model that addresses these concerns is a significant solution because it integrates the power business seamlessly when transmission also is competitive. In this paper, a model for transmission zone restructure is proposed. It incorporates market mechanisms to tackle network issues. A differential, elastic Transmission Service Charge (TSC) to reduce line loss and power deficit is also presented. Using this TSC as a common incentive or coalition value, transmission is modeled in a Cooperative Game Theory (CGT) environment. Counter-flow data is generated using graph theory based power vectors and information asymmetry is resolved. The method when applied to a 24 bus Indian power system gave a set of trades addressing above concerns.