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Transmission pricing for bilateral transaction in a deregulated environment | |
Author | Cattareeya Adsoongnoen |
Call Number | AIT Thesis no. ET-02-12 |
Subject(s) | Electric power transmission--Prices |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering , School of Environment, Resources and Development |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. ET-02-12 |
Abstract | The 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 |
Year | 2002 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. ET-02-12 |
Type | Thesis |
School | School of Environment, Resources, and Development (SERD) |
Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
Academic Program/FoS | Energy Technology (ET) |
Chairperson(s) | Weerakom Ongsakul |
Examination Committee(s) | Surapong Chirarattananon ;Bhattacharyya, S.C. |
Scholarship Donor(s) | Royal Thai Government |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2002 |