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Fixed Cost Analysis Of Transmission Lines

In the open access restructured power system market, it is necessary to develop an appropriate pricing scheme that can provide the useful economic information to market participants, such as generation, transmission companies and customers. In this work two methods using DC Power flow and AC power flow have been attempted. GGDF method and Bialek Tracing method. Bialek Tracing method applies AC power flow and considers apparent power flows.. The technique presented in this work is related to the allocation of the cost to GENCO’s TRANSCO’s and DISCO’s. A technique for tracing the flow of electricity of lines among generators with GGDF and Bialek upstream looking algorithm is proposed. With these methods correct economic signals are generated for all players. All these methods are tested on 6 bus systems