Uniform marginal pricing for the remuneration of distribution networks

IEEE Transactions on Power Systems

Volumn 20, Issue 3, 2005, Pages 1302-1310

  De Oliveira De Jesus P M ^a,b   Ponce de Leao M T ^a,b   Yusta, J M ^c   Khodr, H M ^d   Urdaneta, A J ^d  

^a UNIVERSITY OF PORTO   (Portugal)

^b UNIVERSITY OF PORTO   (Portugal)

^c UNIVERSITY OF ZARAGOZA   (Spain)

^d UNIVERSIDAD SIMÓN BOLÍVAR   (Venezuela)

Author keywords

Distribution access pricing; Power system economics; Tariffs of use; Yardstick competition

Indexed keywords

COMPETITION; ELECTRIC POWER SYSTEMS; INDUSTRIAL ECONOMICS; LINEAR PROGRAMMING; MATHEMATICAL MODELS; OPTIMIZATION;

DISTRIBUTION ACCESS PRICING; POWER SYSTEM ECONOMICS; TARIFFS OF USE; YARDSTICK COMPETITION;

ELECTRIC POWER DISTRIBUTION;

EID: 24944516263     PISSN: 08858950     EISSN: None     Source Type: Journal    
DOI: 10.1109/TPWRS.2005.851916     Document Type: Article

References (30)

1. F. C. Schweppe, M. C. Caramanis, R. D. Tabors, and R. E. Bohn, Spot Pricing of Electricity. Boston, MA: Kluwer, 1988, pp. 177-204.
2. J. Román, T. Gómez, A. Muñoz, and J. Peco, "Regulation of distribution network business," IEEE Trans. Power Syst., vol. 14, no. 2, pp. 662-669, Apr. 1999.
3. J. T. Saraiva, J. L. Pinto Pereira da Silva, and M. T. Ponce de Leão, "Regulation, tariff schemes and quality of service - a discussion," in Proc. 2000 UIE - Int. Union of Electricity Applications, [Online] Available: http://power.inescn.pt/, Nov. 2000.
4. H. Rudnick and J. A. Donoso, "Integration of price cap and yardstick competition schemes in electrical distribution regulation," IEEE Trans. Power Syst., vol. 15, no. 4, pp. 1428-1433, Nov. 2000.
5. T. G. San Román, "Incentive Regulation for Distribution Companies Under Electricity Competition," Lawrence Berkeley National Lab., LBNL Internal Report, [Online] Available: http://www.iit. upco.es, Apr. 1999.
6. J. W. Marangon Lima, C. C. Noronha, H. Arango, and P. E. Steele dos Santos, "Distribution pricing based on yardstick regulation," IEEE Trans. Power Syst., vol. 17, no. 1, pp. 198-204, Feb. 2002.
7. L. Murphy, R. J. Kaye, and F. Wu, "Distributed spot pricing in radial distribution systems," IEEE Trans. Power Syst., vol. 9, no. 1, pp. 311-317, Feb. 1994.
8. M. T. Ponce de Leão, "Marginal cost computation using simulated annealing," in Proc. IEEE Budapest Power Tech'99, Budapest, Hungary, Aug. 1999, paper BPT99-426-21, [Online] Available: http://power.inescn.pt/.
9. M. T. Ponce de Leão and J. T. Saraiva, "Solving the revenue reconciliation problem of distribution network providers using long term marginal prices," IEEE Trans. Power Syst., vol. 18, no. 1, pp. 339-345, Feb. 2003.
10. F. J. Rubio-Oderiz and J. I. Pérez-Arriaga, "Marginal pricing of transmission services," IEEE Trans. Power Syst., vol. 15, no. 1, pp. 448-454, Feb. 2000.
11. D. Kirschen, "Demand-side view of electricity markets," IEEE Trans. Power Syst., vol. 18, no. 2, pp. 520-527, May 2003.
12. D. Kirschen, "Factoring the elasticity of demand in electricity prices," IEEE Trans. Power Syst., vol. 15, no. 2, pp. 612-617, May 2000.
13. R. J. Kaye and H. R. Outhred, "A theory of electricity tariff design for optimal operation and investment," IEEE Trans. Power Syst., vol. 4, no. 2, pp. 606-613, May 1989.
14. M. A. Farrag, M. Metwally, and M. S. El-Bages, "A new model for distribution system planning," Int. J. Elect. Power and Energy Syst., vol. 21, no. 7, pp. 523-531, Oct. 1999.
15. B. H. Kim and M. L. Baughman, "The economic efficiency impacts of alternatives for revenue reconciliation," IEEE Trans. Power Syst., vol. 12, no. 3, pp. 1129-1134, Aug. 1997.
16. J. M. Yusta, "Models for the Calculation of Optimal Prices of the Electricity in Electrical Distribution Systems in Deregulated Market," Ph.D. dissertation, Centro Politénico Superior Universidad de Zaragoza, Zaragoza, Spain, 2000.
17. J. A. Domínguez, J. M. Yusta, P. Pisa, and H. M. Khodr, "Optimal power flow algorithm based in Tabu search for meshed distribution networks," in Proc. 14th PSCC'2002, Sevilla, Spain, pp. 24-28.
18. M. Rivier and I. J. Perez-Arriaga, "Computation and decomposition of spot prices for transmission pricing," in Proc. 11th PSCC'1993, Avignon, France.
19. E. Khan, Electric Utility Planning and Regulation American Council for an Energy-Efficient Economy, American Council for an Energy Efficient Economy, Washington, DC, pp. 11-12, 1988.
20. R. Billinton and R. N. Allan, Reliability Evaluation of Power Systems, 2nd ed. New York: Plenum, 1996, pp. 220-225.
21. Y. R. Sood, N. P. Padhy, and H. O. Gupta, "Wheeling of power under deregulated environment of power system - a bibliographical survey," IEEE Trans. Power Syst., vol. 17, no. 3, pp. 870-878, Aug. 2002.
22. M. Bazaraa, J. Jarvis, and H. Sherali, Linear Programming and Network Flows, 2nd ed. New York: Wiley, 1990, pp. 419-475.
23. D. Shrimohammadi, X. V. Filho, B. Gorenstein, and M. V. P. Pereira, "Some fundamental technical concepts about cost based transmission pricing," IEEE Trans. Power Syst., vol. 11, no. 2, pp. 1002-1006, May 1996.
24. H. H. Happ, "Cost of wheeling methodologies," IEEE Trans. Power Syst., vol. 9, no. 1, pp. 147-156, Feb. 1994.
25. B. L. P. P. Perera, E. D. Farmer, and B. J. Cory, "Revenue reconciled optimum pricing of transmission services," IEEE Trans. Power Syst., vol. 11, no. 3, pp. 1419-1424, Aug. 1996.
26. J. Y. Choi, S. H. Rim, and J. K. Park, "Optimal real time pricing of real and reactive powers," IEEE Trans. Power Syst., vol. 13, no. 4, pp. 1226-1231, Nov. 1998.
27. I. J. Ramirez-Rosado and J. L. Bernal-Agustín, "Genetic algorithms applied to the design of large power distribution systems," IEEE Trans. Power Syst., vol. 13, no. 2, pp. 696-703, May 1998.
28. A. S. Braga and J. T. Saraiva, "From short to long term marginal prices - advantages and drawbacks," in Proc. MedPower2002, Athens, Greece, [Online] Available: http://power.inescn.pt/.
29. W. Nicholson, Microeconomic Theory, 7th ed. New York: Dryden Press, 1997, pp. 440-441.
30. V. Miranda and J. T. Saraiva, "Fuzzy modeling of power system optimal load flow," IEEE Trans. Power Syst., vol. 7, no. 2, pp. 843-849, May 1992.