A dynamic distribution network pricing model

N. P. Padhy; Saurabh Chandra; Rohit Bhakar

doi:10.1109/DRPT.2011.5994197

A dynamic distribution network pricing model

N. P. Padhy, Saurabh Chandra, Rohit Bhakar

Department of Electronic & Electrical Engineering

Research output: Chapter or section in a book/report/conference proceeding › Chapter in a published conference proceeding

1 Citation (SciVal)

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 language	English
Title of host publication	DRPT 2011 - 2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies
Pages	1834-1840
Number of pages	7
DOIs	https://doi.org/10.1109/DRPT.2011.5994197
Publication status	Published - 26 Sept 2011
Event	2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies, DRPT 2011 - Weihai, Shandong, UK United Kingdom Duration: 6 Jul 2011 → 9 Jul 2011

Conference

Conference	2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies, DRPT 2011
Country/Territory	UK United Kingdom
City	Weihai, Shandong
Period	6/07/11 → 9/07/11

Keywords

Distribution Network Pricing
Long Run Incremental Cost

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10.1109/DRPT.2011.5994197

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Padhy, NP, 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., 5994197, pp. 1834-1840, 2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies, DRPT 2011, Weihai, Shandong, UK United Kingdom, 6/07/11. https://doi.org/10.1109/DRPT.2011.5994197

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AU - Chandra, Saurabh

AU - Bhakar, Rohit

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N2 - 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.

AB - 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.

KW - Distribution Network Pricing

KW - Long Run Incremental Cost

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T2 - 2011 4th International Conference on Electric Utility Deregulation and Restructuring and Power Technologies, DRPT 2011

Y2 - 6 July 2011 through 9 July 2011

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A dynamic distribution network pricing model

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