Reliability-based distribution network pricing

Chenghong Gu, Jianzhong Wu, Furong Li

Research output: Contribution to journalArticle

  • 18 Citations

Abstract

As a tool for network operators to recover network investment costs from network users as well as to provide forward-looking economic signals, distribution network pricing models are also expected to identify and recover investment costs related to maintaining network security. The existing models reflect network security by determining the maximum allowed contingency flow along each component through implementing deterministic contingency analysis. They fail to consider two reliability cost drivers: 1) reliability levels of network components, and 2) interruption tolerance levels at different nodes.
LanguageEnglish
Pages1646-1655
JournalIEEE Transactions on Power Systems
Volume27
Issue number3
DOIs
StatusPublished - 1 Aug 2012

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Electric power distribution
Network security
Costs
Network components
Economics

Cite this

Reliability-based distribution network pricing. / Gu, Chenghong; Wu, Jianzhong; Li, Furong.

In: IEEE Transactions on Power Systems, Vol. 27, No. 3, 01.08.2012, p. 1646-1655.

Research output: Contribution to journalArticle

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