An Alternative Revenue Reconciliation with Benefit Function and Power Flow Tracing

효용함수 및 조류추적법을 고려한 수익보정에 관한 연구

Transmission pricing is one of important issues related to competitive electricity markets since rational pricing scheme ensures a fair competition between the market participants. Any application of marginal pricing method to transmission pricing may accompany revenue reconciliation to recover Transco's revenue requirements. This paper presents an alternative methodology on revenue reconciliation with customer benefit function and power flow.