Deregulation of transmission pricing:MW-Mile method
2016
Deregulation of the power system industries has recently increased tremendously throughout the globe. This has curved great attention of power system researchers in finding new pilgrims in the competitive market. This paper presents a case study of 5 and 30 Bus system using MW-Mile method. Three approaches reverse, absolute and dominant have been applied to the cost estimation of transmission wheeling. Wheeling charges is one of the decisive aspects of open access electricity market The obtained results show the convergence and being practiced in the markets.
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