Reliability-based distribution network pricing

Chenghong Gu, Jianzhong Wu, Furong Li

Research output: Contribution to journalArticle

22 Citations (Scopus)
329 Downloads (Pure)

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.
Original languageEnglish
Pages (from-to)1646-1655
JournalIEEE Transactions on Power Systems
Volume27
Issue number3
DOIs
Publication statusPublished - 1 Aug 2012

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