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Transmission congestion is a major economic and reliability concern in today's electric power systems. However, as the industry undergoes changes, it becomes critically important to better understand the fundamental role of transmission and its technical and financial effects on the electricity provision. Thermal limits, voltage drop regulation, and voltage stability limits are among the most common...
Recently, a massive focus has been made on demand response (DR) programs, aimed for electricity price reduction, transmission lines congestion resolving, security enhancement and improvement of market performance. The paper develops a method for optimally selecting the locations of DR programs in the network together with their capacities to achieve the maximum technical benefits derived from the...
In a competitive electricity market, the transmission costs should be fairly distributed amongst the users of the transmission facilities, in order to attain optimal usage of the transmission facilities and to provide correct economic signal for future generation planning and load placement. In this paper, transmission costs are divided into three components; i.e. actual transmission usage cost, unused...
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