Analysis of a monthly auction for financial transmission rights and flow-gate rights

被引：7
|
作者：
Biskas, P. N. [1 ]
Ziogos, N. P. [1 ]
Bakirtzis, A. G. [1 ]
机构：
[1] Aristotle Univ Thessaloniki, Dept Elect & Comp Engn, Thessaloniki 54124, Greece
来源：
ELECTRIC POWER SYSTEMS RESEARCH | 2007年 / 77卷 / 5-6期
关键词：
security constrained optimal power flow; energy market; transmission congestion charges; transmission rights market; financial transmission rights; flow-gate rights;
D O I：
10.1016/j.epsr.2006.05.015
中图分类号：
TM [电工技术]; TN [电子技术、通信技术];
学科分类号：
0808 ; 0809 ;
摘要：
A monthly transmission rights (TR) auction issuing both point-to-point financial transmission rights (FTRs) and flow-gate rights (FGRs) is studied in this paper. Initially, a locational marginal pricing (LMP) based energy market is presented, in which the linear security constrained optimal power flow (SCOPF) problem is solved for each hour of system operation, determining the nodal prices, the transmission link capacity prices and the transmission congestion charges (TCCs) that should be collected by the ISO in case of congestion. A monthly auction is conducted in the TR market issuing FTR obligations, FTR options and FGRs to market players. building a link between all types of transmission rights under the same market structure. Combining the advantages of financial and physical rights, the market efficiency can be enhanced by offering a variety of choices for risk management to market players. The monthly TR auction is tested on several case studies using the IEEE three-area RTS96 and useful conclusions are drawn concerning the utility of the various types of transmission rights as compared to one another, in terms of the reimbursement they provide to their holders. (C) 2006 Elsevier B.V. All rights reserved.
引用
收藏
页码：594 / 603
页数：10
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