1 AIT Asian Institute of Technology

Transmission pricing for bilateral transaction in a deregulated environment

AuthorCattareeya Adsoongnoen
Call NumberAIT Thesis no. ET-02-12
Subject(s)Electric power transmission--Prices
NoteA thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering , School of Environment, Resources and Development
PublisherAsian Institute of Technology
Series StatementThesis ; no. ET-02-12
AbstractThe bilateral contract is a long-term physical contract between a buyer and a seller for the purchase or sale of energy in bilateral market. The participants make bilateral contracts with each other and submit the portfolio to the scheduling coordinator. The independent system operator (ISO) will manage the congestion along with the pool dispatch. Therefore, bilateral contracts are utilized in electricity market by providing more flexible options for transmission access. This thesis proposes transmission pricing for the bilateral transactions in the Thai voluntary net pool containing a pool market and bilateral market. Each market, energy and losses are allocated according to the market rules. The transmission pricing comprises connection charge, transmission use of system charge, and common service charge. These pricing scheme should follow the six principles of transmission pricing and recover the revenue requirements, which is set by the market regulator. The algorithm for computing the transaction energy transfer, associated losses, and transmission pricing for each transaction is presented. For each transaction, the transmission losses are allocated by using the Newton-Raphson power flow equation and transaction balance computation in order to calculate the transmission use of system charges. The transmission charge for bilateral transactions is simulated on the EGAT 424 bus system under the actual operating conditions
Year2002
Corresponding Series Added EntryAsian Institute of Technology. Thesis ; no. ET-02-12
TypeThesis
SchoolSchool of Environment, Resources, and Development (SERD)
DepartmentDepartment of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC))
Academic Program/FoSEnergy Technology (ET)
Chairperson(s)Weerakom Ongsakul
Examination Committee(s)Surapong Chirarattananon ;Bhattacharyya, S.C.
Scholarship Donor(s)Royal Thai Government
DegreeThesis (M.Eng.) - Asian Institute of Technology, 2002


Usage Metrics
View Detail0
Read PDF0
Download PDF0