• The Transactions of the Korean Institute of Electrical Engineers A
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• v.49 no.5
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• pp.199-204
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• 2000

This paper presents new approaches for the calculation for the calculation of each user's wheeling prices based on the economic analysis method with focus on the postage stamp rule. The suggested postage stamp rules can overcome the following problems embedded in the conventional accounting-costs-based methods such as the volatileness of wheeling prices depending deprieciation methods, emerging the wheeling free-riders due to the difference between accounting life-time and technical life-time, price discrimination between firm and non-firm network users, etc. To solve these problems we suggest new postage stamp rules employing capital recovery factor for investment costs treatment and applying technical life-time. Furthermore, we have suggested a new formulation for non-firm wheeling users based on the wheeling energies. In the case study, the results of suggested postage stamp methodologies are compared with those of conventional approaches.

• Proceedings of the KIEE Conference
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• 1999.07c
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• pp.1337-1339
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• 1999

This paper presents transmission pricing mechanisms based on postage stamp rule. Two pricing mechanisms with three different calculation methods are suggested, followed by case studies in KEPCO system.