Review of methods to calculate congestion cost allocation in deregulated electricity market

HIGHLIGHTS

  • who: Jiawei Zhao and colleagues from the Electronic and Electrical Engineering Department, University of Strathclyde, Glasgow, UK have published the article: Review of Methods to Calculate Congestion Cost Allocation in Deregulated Electricity Market, in the Journal: (JOURNAL) of October/20,/2016
  • what: In this paper these two pricing schemes are introduced in detail respectively.

SUMMARY

    With the deregulation process, congestion management becomes more complex since transmission network access has to be open to all market participants and each participant should take responsibility for their congestion contribution. Congestion could cause cheaper power . . .

     

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