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3 articles for “postage stamp method”
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Evaluation of Embedded Cost and Distribution Factor Methods Used in Deregulated Electricity Market
Abstract: This paper presents and analyses several methods for embedded cost allocation in deregulated electricity market environment. In this paper six embedded cost methods (postage stamp method, contract path method, MW-Mile, MW-cost, MVA-Mile, and MVA-cost) are evaluated and tested on 6-Bus test system subjected to two bilateral wheeling transaction. The charges obtained from the different embedded cost methods are then compared. Two tracing methods generalized generation distribution factor and generalized load …
Published in Research & Reviews: A Journal of Embedded System & Applications · Vol. 1, Issue 1, 2013 · pp. 10–18 Read article
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Transmission Charge Calculation of Power System
Abstract: In traditional power system, industry vertically integrated system (VIS) exists. But nowadays the vertical utility is being converted into horizontal integrated utility. This is the deregulation of power system. This system is divided into three parts: Transmission, generation and distribution. The revenue of the generation comes from the selling the power to the transmission and distribution. Similarly, the revenue of DISCO comes from commercial, industrials and domestic consumers. But in …
Published in Trends in Electrical Engineering · Vol. 6, Issue 2, 2016 · pp. 58–63 Read article
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Efficient Transmission Pricing using Power Flow Tracing
Abstract: The evolution of transmission pricing philosophies in deregulated power markets has introduced various techniques for efficient and accurate cost estimation of power exchanges. Earlier methods of postage stamp cost estimation failed to provide accurate cost signals. Point of Connection (POC) method is a technique through which a considerable sunk cost can be recovered but is still inefficient if applied alone. In addition to this, the POC method along with the …
Published in Journal of Power Electronics and Power Systems · Vol. 13, Issue 1, 2023 · pp. 6–15 Read article