Penalty Quoted Cost Approach for Loss Allocation in a Transmission line by Considering the Mutual Inductance
V. Suma Deepthi1, M. Maheswari2, M. Vibhavari3, K. Prasanth Kumar4
1V.SumaDeepthi, Assistant professor, Department of EEE, Malla Reddy Engineering College (A), Secunderabad, (Telangana), India.
2M.Maheswari, Professor and Head, Department of EEE, Malla Reddy Engineering College (A), Secunderabad, (Telangana), India.
3M. Vibhavari, PG Student, Department of EEE, Malla Reddy Engineering College (A), Secunderabad, (Telangana), India.
4K. Prasanth Kumar, PG Student, Department of EEE, Malla Reddy Engineering College (A), Secunderabad, (Telangana), India.
Manuscript received on 24 September 2018 | Revised Manuscript received on 30 September 2018 | Manuscript published on 30 November 2018 | PP: 188-191 | Volume-7 Issue-4, November 2018 | Retrieval Number:E1825017519©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: In deregulated electricity market, there is a significance of Loss and Cost Allocation due to transmission. The real power loss from the generators and its associated cost is allocated to the concerned parties in a fair manner by Independent System Operator (ISO). In the cost allocation process there is a participation of generators and loads. The effective part of the paper is there is an impact of mutual inductance (MI) which involves in transmission line in transmission cost/loss allocation phenomena for multilateral contracts is illustrated using a test bus system. To determine the effect of mutual inductance penalized quoted cost (PQC) based approach has discussed. Effect of mutual inductance is tested on an IEEE-4bus system. The simulation results are obtained using MATLAB R2014a. The result shows that there is a significant impact on transmission loss due to mutual inductance which cannot be neglected in the Allocation of loss process.
Keywords: Penalized quoted cost, Loss/cost allocation, Multilateral contracts, Mutual Inductance and Independent System operator.
Scope of the Article: System Integration