Transmission Service Cost Calculation with Power Loss and Congestion Considerations

One of the most challenging issues of transmission grids in restructured power networks is determining the real transmission service cost. In this paper, a method for calculating the transmission service in different grids is presented. In the proposed method, the cost of power loss and congestion of transmission services are considered. Using this integrated model, the strengths and weaknesses of a power grid can be straightforwardly analyzed. All simulations have been done on IEEE nine-bus test system. Computing the transmission service cost, the next step is to optimize power loss and congestion using NSGA-II which is a two objective genetic algorithm method in which optimal power flow is implemented and power loss and congestion are considered as objective functions. Numerical results prove the effectiveness of the proposed optimizing method in which decreasing the cost of power loss and congestion have a direct effect on improving the quality of transmission services.

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