• Title/Summary/Keyword: Congestion Cost

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Optimal Siting of UPFC for Reducing Congestion Cost by using Shadow Prices

  • Lee, Kwang-Ho;Moon, Jun-Mo
    • KIEE International Transactions on Power Engineering
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    • v.11A no.4
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    • pp.21-26
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    • 2001
  • As competition is introduced in the electricity supply industry, congestion becomes a more important issue. Congestion in a transmission network occurs due to an operating condition that causes limit violations on the transmission capacities. Congestion leads to inefficient use of the system, or causes additional costs (Congestion cost). One way to reduce this inefficiency or congestion cost is to control the transmission flow through the installation of UPFC (Unified Power Flow Controller). This paper also deals with an optimal siting of the UPFC for reducing congestion cost by using shadow prices. A performance index for an optimal siting is defined as a combination of line flow sensitivities and shadow prices. The proposed algorithm is applied to the sample system with a condition, which is concerning the quadratic cost functions. Test results show that the siting of the UPFC is optimal to minimize the congestion cost by the proposed algorithm.

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Evaluation of Congestion Cost and Loss Cost using DC Load Flow (직류조류계산을 이용한 혼잡비용과 손실비용 평가)

  • Bae, In-Su;Song, Woo-Chang
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.26 no.12
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    • pp.93-98
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    • 2012
  • Economics of available alternatives in the transmission planning are evaluated by the investment cost, loss cost and congestion cost. Congestion/loss cost is calculated in many years and many load levels by unit commitment of generators, optimal dispatch, load flow, judgement about transmission congestion and re-dispatch to reduce the congestion. The greatest difficulties to introduce variable optimization techniques on the transmission planning is the convergence of load flow. In this paper, economics in the transmission planning are evaluated using DC load flow, and case study is conducted on the Korea power system by proposed congestion/loss calculation methods.

An Estimation of Congestion Cost on the Seoul-Pusan Express Highway (도로 혼잡비용 추정 이론과 사례 (1999년 설날 연휴 고속도로 경부구간의 경우))

  • 김상태;이기훈
    • Journal of Korean Society of Transportation
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    • v.20 no.2
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    • pp.27-38
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    • 2002
  • This study estimates the social cost of the traffic congestion of the Express highway from Seoul to Pusan during the New Year holiday in 1999. Considering inelastic demand and the hyper congestion, we show the congestion cost can be estimated as externalities caused by traffics which exceed the road capacity. Due to the congestion, it is estimated that it took about 12.40 hours more from Seoul to Pusan. The congestion is also estimated to have caused fuel cost of 0.6 billion won. time cost of 43.6 billion won and environmental cost of 0.5 billion won. The total cost reached up to 44.8 billion won.

A Study on the Optimal Site of TCSC for Reducing Congestion Cost (혼잡비용 감소를 위한 TCSC의 최적위치에 관한 연구)

  • Lee, Gwang-Ho;Mun, Jun-Mo
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.49 no.5
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    • pp.220-225
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    • 2000
  • As a competition is introduced in the electricity supply industry, a congestion problem arises in the transmission network. The congestion causes the transmission cost to increase. One way to decrease the congestion cost is to control the transmission flow through the installation of TCSC(Thyrister Controlled Series Capacitor). This paper deals with the optimal site of the TCSC for reducing the congestion cost using a shadow price which is one of the economic signals for the systems. Test results show that the site of the TCSC is optimal to minimize the congestion cost by the proposed algorithm.

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A multi stage allocation method of congestion cost in a uniform pricing (단일 요금제도에서 혼잡비용의 다단계 분배 방법 연구)

  • Kwon, Tae-Jin;Jung, Hae-Sung;Hur, Don;Han, Tae-Kyung;Hur, Jae-Hang;Park, Jong-Keun
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.739-741
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    • 2005
  • The congestion cost caused by transmission capacities is an important issue in a competitive electricity market. To allocate the congestion cost equitably, the active constraints in a constrained dispatch and the sequence of these constraints should be considered. A multi-stage method which was proposed by H.S. Jung reflects the effects of both the active constraints and the sequence. In a multi-stage method, the types of congestion are analyzed in order to consider the sequence, and the relationship between congestion and the active constraints is derived in a mathematical way. But in some cases, the inactive constraints can affect the congestion sequence and it is reasonable to allocate the congestion cost to them.

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Comparative Study of Two Congestion Management Methods for the Restructured Power Systems

  • Manikandan, B.V.;Raja, S. Charles;Venkatesh, P.;Mandala, Manasarani
    • Journal of Electrical Engineering and Technology
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    • v.6 no.3
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    • pp.302-310
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    • 2011
  • Congestion management is one of the most challenging tasks of a system operator to ensure the operation of transmission system within operating limits. In this paper, cluster/zone method and relative electrical distance (RED) method for congestion management are compared based on the considered parameters. In the cluster/zone method, rescheduling of generation is based on user impact on congestion through the use of transmission congestion distribution factors. In the RED method, the desired proportions of generations for the desired overload relieving are obtained. Even after generation rescheduling, if congestion exists, load curtailment option is also introduced. Rescheduling cost, system cost, losses, and voltage stability parameter are also calculated and compared for the above two methods of congestion management. The results are illustrated on sample 6-bus, IEEE 30-bus, and Indian utility 69-bus systems.

Improving the Estimation Method of Traffic Congestion Costs (교통혼잡비용 추정방법의 개선방안 연구)

  • Jo, Jin-Hwan;Hwang, Gi-Yeon
    • Journal of Korean Society of Transportation
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    • v.28 no.1
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    • pp.63-74
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    • 2010
  • Recently, there has been increasing demand from academic society in Korea for the improvement of current traffic congestion cost estimation methods. The purpose of this study is to suggest a better way to estimate congestion cost followed by in-depth review regarding traffic congestion. The key improvements proposed in this study include: 1) adding social externality to congestion cost, 2) integrating the green house and environmental pollution impacts with congestion costs, 3) taking non-recurrent traffic congestion costs into account for the assessment, 4) revising the criteria to determining the level of traffic congestion speed, and 5) deciding how to limit congestion measurement period. It is found meaningful that the improvements, notwithstanding difficulties in their real case application, provide invaluable insights in our efforts to change the meaning of congestion cost in an era of sustainable growth.

Cost Behaviors and Cost Structure of Public Hospitals in India: Analysis from the Perspective of Congestion Costs

  • MISHRA, Nidhish Kumar;ALI, Ijaz;SENAN, Nabil Ahmed Mareai;UDDIN, Moin;BAIG, Asif;KHATOON, Asma;IMAM, Ashraf;KHAN, Imran Ahmad
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.4
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    • pp.315-324
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    • 2022
  • The goal of this study is to understand better the relationship between hospital bed occupancy rate and cost rigidity as a proxy for the degree of hospital bed congestion, as well as the relationship between the risk of changes in hospital bed occupancy rate and congestion cost, targeting public hospitals. As public hospitals for analysis, we selected hospital projects from the Public Enterprises Survey Reports published by the Department of Public Enterprises, Ministry of Finance, and obtained unbalanced panel data consisting of 1,505 hospitals and 15 years, totaling 12,595 hospitals and years. The analysis revealed that the risk of changes in the bed occupancy rate increases the degree of cost rigidity and leads to a decrease in the variable cost ratio; furthermore, an increase in the bed occupancy rate decreases the degree of cost rigidity and leads to an increase in the variable cost ratio. These findings suggest that although public hospitals are taking managerial actions to avoid congestion costs, congestion costs resulting from higher bed occupancy rates have not been eliminated. The regression analysis results show that even if congestion costs arise as the occupancy rate increases, they are covered by the increase in revenue associated with the increase in the occupancy rate.

A Study on The Application and The Location of FACTS for Congestion Prob (혼잡해결을 위한 FACTS 기기의 적용과 위치선정)

  • Moon, Jun-Mo;Jung, Yun-Ho;Lee, Kwang-Ho
    • Proceedings of the KIEE Conference
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    • 2000.07a
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    • pp.22-24
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    • 2000
  • As a competition is introduced in the electricity supply industry, a congestion problem arises in the transmission network. The congestion causes the transmission cost to increase. One way to decrease the congestion cost is to control the transmission flow through the installation of FACTS(Flexible AC Transmission system). This paper deals with the optimal site of the FACTS for reducing the congestion cost using a shadow price which is one of the economic signals for the systems. Test results show that the site of the FACTS(UPFC) is optimal to minimize the congestion cost by the proposed algorithm.

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Congestion and Loss Cost for the Market Participants (시장참여자별 혼잡 및 손실 비용 산정)

  • Son, Hyun-Il;Bae, In-Su;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.11
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    • pp.2021-2027
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    • 2011
  • Recently the power system consists of the more complicated structure, due to increase of power demands. In this circumstance, the congestion and loss capacity in transmission line is also increased. Accordingly, the investment planning of transmission system is required to reduce the congestion and loss of the transmission line. This paper proposes a method to compute the congestion and loss costs which are the key elements in economic assessment of the power system planning. And the benefit of market participants in CBP (Cost Based Pool) is computed. To demonstrate the efficient of the suggested methods, these methods are applied to peak load system of 2016 in the 4th Basic plan of Long-Them Electricity Supply and Demand.