Long-run network charging for network security

H Y Heng, F Li

Research output: Contribution to conferencePaper

Abstract

It is important for a pricing model to reflect the costs/benefits imposed on a network when connecting a new generator or demand. Work has been done to link nodal generation/demand increment to changes in circuits' and transformers' investment horizon, which in turn translated into long-run costs. Network security is one of the most important cost drivers. All networks are designed to be able to withstand credible contingencies, but this comes to a significant cost to network development. This paper proposed a new methodology to establish the link between network security and investment cost. Through N-l contingency analysis, the new methodology defies maximum allowed power flow along each circuit or the effective spare capacity, which will be used to determine the new time horizon of future investment.
Original languageEnglish
Pages506-509
Number of pages4
Publication statusPublished - 2008
EventThird International Conference on Electric Utility Deregulation and Restructuring and Power Technologies. DRPT 2008. -
Duration: 1 Jan 2008 → …

Conference

ConferenceThird International Conference on Electric Utility Deregulation and Restructuring and Power Technologies. DRPT 2008.
Period1/01/08 → …

Keywords

  • long-run network charging
  • maximum loadability
  • power flow
  • power system security
  • power system economics
  • network security
  • long-run incremental cost pricing

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  • Cite this

    Heng, H. Y., & Li, F. (2008). Long-run network charging for network security. 506-509. Paper presented at Third International Conference on Electric Utility Deregulation and Restructuring and Power Technologies. DRPT 2008., .