Reliability-based distribution network pricing

IEEE Transactions on Power Systems

Volumn 27, Issue 3, 2012, Pages 1646-1655

  Gu, Chenghong ^a   Wu, Jianzhong ^b   Li, Furong ^a  

^a University of Bath   (United Kingdom)

^b CARDIFF UNIVERSITY   (United Kingdom)

Author keywords

Failure rate; mean time to repair; network pricing; reliability; tolerable loss of load; unreliability tolerance

Indexed keywords

COMPONENT RELIABILITY; CONTINGENCY ANALYSIS; ECONOMIC SIGNALS; FAILURE RATE; INVESTMENT COSTS; MEAN TIME TO REPAIRS; NETWORK INVESTMENT; NETWORK OPERATOR; NETWORK PRICING; NETWORK USERS; PARALLEL CIRCUITS; PRACTICAL SYSTEMS; PRICING MODELS; RELIABILITY COSTS; RELIABILITY LEVEL; SECURITY STANDARDS; SMALL NETWORKS; STOCHASTIC NATURE; TOLERANCE LEVELS;

COMMERCE; ECONOMICS; FAILURE ANALYSIS; INVESTMENTS; NETWORK COMPONENTS; NETWORK SECURITY; RELIABILITY; STOCHASTIC MODELS;

COSTS;

EID: 84864279115     PISSN: 08858950     EISSN: None     Source Type: Journal    
DOI: 10.1109/TPWRS.2012.2187686     Document Type: Article

References (33)

1. D. Shirmohammadi et al., "Some fundamental, technical concepts about cost based transmission pricing," IEEE Trans. Power Syst., vol. 11, no. 2, pp. 1002-1008, May 1996. (Pubitemid 126781248)
2. Z. Jing et al., "Review of transmission fixed costs allocation methods," in Proc. IEEE Power Eng. Soc. General Meeting, 2003, vol. 4, pp. 2592-2592.
3. D. Shirmohammadi et al., "Cost of transmission transactions: An introduction," IEEE Trans. Power Syst., vol. 6, no. 4, pp. 1546-1560, Nov. 1991.
4. A. Zobian and M. D. Ilic, "Unbundling of transmission and ancillary services. II. Cost-based pricing framework," IEEE Trans. Power Syst., vol. 12, no. 2, pp. 549-558, May 1997. (Pubitemid 127771407)
5. G. SQSS, Security and Quality of Supply Standard. [Online]. Available: http://www.nationalgrid.com/NR/rdonlyres/FBB211AF-D4AA-45D0-9224-7BB87DE366C1/ 15460/GB-SQSS-V1.pdf.
6. E. E. N. Association, "Engineering Recommendation," 2006, pp. 2-6.
7. K. R.W. Bell et al., "Security criteria for planning and operation in the new GB market," in Proc. Cigre, 2006, pp. 1-8.
8. R. Billinton and R. N. Allan, Reliability of Evaluation of Power Systems, 2nd ed. New York: Springer, 1996.
9. V. Udo et al., "Balancing cost and reliability: A quantitative study at Atlantic Electric," IEEE Trans. Power Syst., vol. 12, no. 3, pp. 1103-1111, Aug. 1997. (Pubitemid 127771484)
10. R. J. Kaye, F. F. Wu, and P. Varaiya, "Pricing for system security [power tariffs]," IEEE Trans. Power Syst., vol. 10, no. 2, pp. 575-583, May 1995.
11. H. Y. Heng, F. Li, and X.Wang, "Charging for network security based on long-run incremental cost pricing," IEEE Trans. Power Syst., vol. 24, no. 4, pp. 1686-1693, Nov. 2009.
12. C. Gu and F. Li, "Long-Run marginal cost pricing based on analytical method for revenue reconciliation," IEEE Trans. Power Syst., vol. 26, no. 1, pp. 103-110, Feb. 2011.
13. P.D.C. Wijayatung, B. J. Cory, andM. J. Short, "Security and revenue reconciliation in optimal transmission pricing," Proc. Inst. Elect. Eng., Gen., Transm., Distrib., vol. 146, no. 4, pp. 355-359, 1999.
14. C.W. Yu and A. K. David, "Pricing transmission services in the context of industry deregulation," IEEE Trans. Power Syst., vol. 12, no. 1, pp. 503-510, Feb. 1997. (Pubitemid 127771401)
15. J. Yu and A. D. Patton, "Transmission use charges including reliability costs," in Proc. IEEE Power Eng. Soc. Winter Meeting, 2000, pp. 866-871.
16. H. Monsef and M. Jaefari, "Transmission cost allocation based on use of reliability margin under contingency conditions," IET Gen., Transm., Distrib., vol. 3, no. 6, pp. 574-585, 2009.
17. E. L. Silva, S. E. C. Mesa, and M. Morozowski, "Transmission access pricing to wheeling transactions: A reliability based approach," IEEE Trans. Power Syst., vol. 13, no. 4, pp. 1481-1486, Nov. 1998. (Pubitemid 128749039)
18. K. Hyungchul and C. Singh, "Consideration of the reliability benefits in pricing transmission services," in Proc. IEEE Power Eng. Soc. Winter Meeting, 2001, pp. 1232-1237.
19. J. W. M. Lima et al., "Distribution pricing based on yardstick regulation," IEEE Trans. Power Syst., vol. 17, no. 1, pp. 198-204, Feb. 2002.
20. P. M. DeOliveira-DeJesus et al., "Uniform marginal pricing for the remuneration of distribution networks," IEEE Trans. Power Syst., vol. 20, no. 3, pp. 1302-1310, Aug. 2005. (Pubitemid 41300942)
21. P.M. Sotkiewicz and J.M. Vignolo, "Allocation of fixed costs in distribution networkswith distributed generation," IEEE Trans. Power Syst., vol. 21, no. 2, pp. 639-652, May 2006.
22. F. Li and D. L. Tolley, "Long-Run incremental cost pricing based on unused capacity," IEEE Trans. Power Syst., vol. 22, no. 4, pp. 1683-1689, Nov. 2007. (Pubitemid 350141967)
23. F. Li et al., "Cost-Benefit reflective distribution charging methodology," IEEE Trans. Power Syst., vol. 23, no. 1, pp. 58-64, Feb. 2008. (Pubitemid 351292089)
24. FCP Methodology Implementation and Guidance Notes, Workstream A.
25. F. Frontier, Review of Distribution Use of System Charging Methodology. [Online]. Available: http://www.eon-uk.com/downloads/ FrontierEconomicsG3DUoSChargesFinal250308. pdf.
26. J. D. McCalley, V. Vittal, and N. Abi-Samra, "An overview of risk based security assessment," in Proc. IEEE Power Eng. Soc. Summer Meeting, 1999, vol. 1, pp. 173-178.
27. J. McCalley et al., "Probabilistic security assessment for power system operations," in Proc. IEEE Power Eng. Soc. General Meeting, 2004, vol. 1, pp. 212-220. (Pubitemid 40191997)
28. G. Kjolle and K. Sand, "RELRAD-an analytical approach for distribution system reliability assessment," IEEE Trans. Power Del., vol. 7, no. 2, pp. 809-814, Apr. 1992.
29. R. Billinton and P. Wang, "Distribution system reliability cost/worth analysis using analytical and sequential simulation techniques," IEEE Trans. Power Syst., vol. 13, no. 4, pp. 1245-1250, Nov. 1998. (Pubitemid 128749006)
30. PSS/E User Manual. SIEMENS, 2011. [Online]. Available: http://www.energy.siemens.com/us/en/services/power-transmission-distribution/ power-technologies-international/software-solutions/ pss-e.htm.
31. R. Billinton and W. Peng, "Teaching distribution system reliability evaluation using monte carlo simulation," IEEE Trans. Power Syst., vol. 14, no. 2, pp. 397-403, May 1999.
32. W. Zhuding, F. Shokooh, and Q. Jun, "An efficient algorithm for assessing reliability indexes of general distribution systems," IEEE Trans. Power Syst., vol. 17, no. 3, pp. 608-614, Aug. 2002. (Pubitemid 35151732)
33. "DigSILENT solutions powerfactory software," IEEE Power Energy Mag., vol. 4, no. 5, p. 3, 2006.