A congestion management method using merchandise surplus allocation

Q. Zhou, J. W. Bialek

Research output: Contribution to conferencePaperpeer-review

Abstract

A new method of congestion management is proposed in this paper. This method gives a set of rules to refund Merchandise Surplus (MS) back to the market participants. Firstly, the sources of MS are analysed, then the MS refund method is given to punish those users who caused congestions, and to protect other users from being affected by the congestion. In this way, users who have caused congestion will pay all the congestion costs. This MS allocation can be viewed as a kind of financial transmission right allocation. Under this mechanism, users have a form of financial rights-and-obligations to use the network. In this paper, the philosophy of our method is illustrated on a simple 2-bus system, and then the MS refund method is discussed on a 5-node example. Suggestions on the transmission right allocation are also proposed.

Original languageEnglish
Pages123-127
Number of pages5
Publication statusPublished - 2002
Externally publishedYes
EventUPEC 2002, 37th International Universities' Power Engineering Conference - Stafford, United Kingdom
Duration: 9 Sep 200211 Sep 2002

Conference

ConferenceUPEC 2002, 37th International Universities' Power Engineering Conference
Country/TerritoryUnited Kingdom
CityStafford
Period9/09/0211/09/02

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