Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem

Transmission congestion management in pool market model has become the main issue of the debate in competitive electricity markets over the years. This happened due to a lot of problems and associated issues which need serious attention from all participants; suppliers, pool operator and consumers....

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Main Author:	Jasmani, Noor Zarith Iffa
Format:	Thesis
Language:	English
Published:	2009
Subjects:	TK Electrical engineering Electronics Nuclear engineering
Online Access:	http://eprints.utm.my/id/eprint/12666/1/NoorZarithIffahMFKE2009.pdf
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spelling	my-utm-ep.126662018-06-25T08:57:50Z Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem 2009-05 Jasmani, Noor Zarith Iffa TK Electrical engineering. Electronics Nuclear engineering Transmission congestion management in pool market model has become the main issue of the debate in competitive electricity markets over the years. This happened due to a lot of problems and associated issues which need serious attention from all participants; suppliers, pool operator and consumers. Previously the UK pool handled the cost of transmission constraints by an uplift charge and used a uniform price for transaction between suppliers and consumers. However, it is some kind of nondiscriminatory auction since it gives incorrect signals for sitting new power plants. Then, nodal pricing is introduced in pool market as another alternative to solve the security cost allocation. The approach is able to reflect the locational value in accounting for losses and congestion. Though, it contributes towards merchandizing surplus. In order to assure the security cost allocation satisfies the economic efficiency and provides fair prices, a study on this issue is being conducted. Several comparisons are made between uniform pricing, nodal pricing and game theory methods by testing them in pool system under different case studies. In order to realize it, MATLAB programs have been developed for three bus system and IEEE-14 bus system applications. The results obtained are analyzed for further improvements and recommendations. 2009-05 Thesis http://eprints.utm.my/id/eprint/12666/ http://eprints.utm.my/id/eprint/12666/1/NoorZarithIffahMFKE2009.pdf application/pdf en public masters Universiti Teknologi Malaysia, Faculty of Electrical Engineering Faculty of Electrical Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	TK Electrical engineering Electronics Nuclear engineering
spellingShingle	TK Electrical engineering Electronics Nuclear engineering Jasmani, Noor Zarith Iffa Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem
description	Transmission congestion management in pool market model has become the main issue of the debate in competitive electricity markets over the years. This happened due to a lot of problems and associated issues which need serious attention from all participants; suppliers, pool operator and consumers. Previously the UK pool handled the cost of transmission constraints by an uplift charge and used a uniform price for transaction between suppliers and consumers. However, it is some kind of nondiscriminatory auction since it gives incorrect signals for sitting new power plants. Then, nodal pricing is introduced in pool market as another alternative to solve the security cost allocation. The approach is able to reflect the locational value in accounting for losses and congestion. Though, it contributes towards merchandizing surplus. In order to assure the security cost allocation satisfies the economic efficiency and provides fair prices, a study on this issue is being conducted. Several comparisons are made between uniform pricing, nodal pricing and game theory methods by testing them in pool system under different case studies. In order to realize it, MATLAB programs have been developed for three bus system and IEEE-14 bus system applications. The results obtained are analyzed for further improvements and recommendations.
format	Thesis
qualification_level	Master's degree
author	Jasmani, Noor Zarith Iffa
author_facet	Jasmani, Noor Zarith Iffa
author_sort	Jasmani, Noor Zarith Iffa
title	Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem
title_short	Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem
title_full	Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem
title_fullStr	Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem
title_full_unstemmed	Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem
title_sort	allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem
granting_institution	Universiti Teknologi Malaysia, Faculty of Electrical Engineering
granting_department	Faculty of Electrical Engineering
publishDate	2009
url	http://eprints.utm.my/id/eprint/12666/1/NoorZarithIffahMFKE2009.pdf
_version_	1747814942580408320

Allocation of security cost in a pure pool-based electricity market desgin on load contribution towards security problem

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