A dynamic distribution network pricing model

N. P. Padhy, Saurabh Chandra, Rohit Bhakar

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

Abstract

Timely reinforcement of power distribution networks provides secure and reliable system operation for the customers. Network charging mechanisms are required for efficient recovery of the system capital and operational costs. A dynamic model of charging distribution networks is proposed in this paper. The model is based on quantification of bus voltage and power factor variations to reflect the system operation costs in maintaining supply quality, assuring bus voltages to be in limits, which in turn minimizes the system losses. A four-level charging function is formulated for dynamic network charging. The proposed approach is a two tier model in which long-run incremental cost (LRIC) pricing is used to determine the forward looking system reinforcement charges. The combined formulation of dynamic charging provides a balance between long and short term goals of distribution network planning. 

Original languageEnglish
Title of host publicationDRPT 2011 - 2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies
Pages1834-1840
Number of pages7
DOIs
Publication statusPublished - 26 Sep 2011
Event2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies, DRPT 2011 - Weihai, Shandong, UK United Kingdom
Duration: 6 Jul 20119 Jul 2011

Conference

Conference2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies, DRPT 2011
CountryUK United Kingdom
CityWeihai, Shandong
Period6/07/119/07/11

Keywords

  • Distribution Network Pricing
  • Long Run Incremental Cost

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    Padhy, N. P., Chandra, S., & Bhakar, R. (2011). A dynamic distribution network pricing model. In DRPT 2011 - 2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies (pp. 1834-1840). [5994197] https://doi.org/10.1109/DRPT.2011.5994197