MVA-Km Method and Genetic Algorithm for a Comprehensive Transmission Cost Allocation by AC Power Flow

Authors

  • B. Mouli Chandra, B. Venkata Prasanth, Ahmad Syed, T. P. Lakshmi Narayanan

DOI:

https://doi.org/10.17762/msea.v71i4.1820

Abstract

The charge of electricity has emerge as the focal point of all activities in the power market. It is essential to increase the correct pricing scheme that may offer the beneficial economic information to marketplace members, including technology, transmission companies and customers. Although many methods have already been proposed, however appropriately estimating and allocating the transmission cost within the transmission pricing scheme remains a difficult task. This paper presents a MVA-Km method and Genetic Algorithm to allocate the cost pertaining to the transmission lines of the network to all the generators and demands. A load flow solution is run and, the proposed method determines how line flows depend on nodal currents. This result is then used to allocate network costs to generators and demands.

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Published

2023-01-23

How to Cite

B. Mouli Chandra, B. Venkata Prasanth, Ahmad Syed, T. P. Lakshmi Narayanan. (2023). MVA-Km Method and Genetic Algorithm for a Comprehensive Transmission Cost Allocation by AC Power Flow. Mathematical Statistician and Engineering Applications, 71(4), 10047–10057. https://doi.org/10.17762/msea.v71i4.1820

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Articles