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Analysis on the Decision of Transmission Cost Allocation Rate Using the Arbitration Game  

Chung, Koohyung (홍익대학 전기정보제어공학과)
Kang, Dongjoo (한국전기연구원)
Han, Seokman (홍익대학 전기정보제어공학과)
Kim, Balho (홍익대학 전기정보제어공학과)
Publication Information
The Transactions of the Korean Institute of Electrical Engineers A / v.54, no.10, 2005 , pp. 496-499 More about this Journal
Abstract
In many parts of the world, the electric power industry is undergoing unprecedented changes. Therefore, in order to reform the electric power industry efficiently and minimize the confusion of this restructuring, the systematic studies related to transmission pricing and transmission cost allocation issues are required essentially. However, even now, the basis of transmission cost allocation rate is not equipped so that the regulation body has determined the allocating rate under the common practice. In this paper, we demonstrate that the decision of transmission cost allocation rate is the regulation body's own right. For this analysis, we apply game theory to the procedure determining this rate and the competition to determine this rate between gencos and distcos is modeled as the arbitration game.
Keywords
Competitive Electricity Market; Transmission Cost Allocation Rate; Arbitration Game;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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