International Journal of Advancements in Electronics and Electrical Engineering
Author(s) : KSHITIJ GAUR , NIHARIKA YADAV , SHASHANK SHEKHAR SINGH , YOG RAJ SOOD
This paper presents and analyses several methods for embedded cost allocation in deregulated electricity market environment. In this paper six embedded cost methods (postage stamp method, contract path method, MW-Mile, MW-cost, MVA-Mile, MVA-cost) are evaluated and tested on 6-Bus test system subjected to two bilateral wheeling transaction. The charges obtained from the different embedded cost methods are then compared.