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- W2384315025 abstract "Due to the long-run scale economy of power transmission,the transmission congestion price revenue based on the optimal flow and the Locational Marginal Pricing(LMP) model can not cover all transmission cost.To solve the problem,the Ramsey pricing method was applied to study transmission pricing which aimed for long-run market efficiency while satisfying the budget constraints.The result showed that the transmission company could realize cost-profit balance by decreasing the transmission capacity or the trading volume below the optimal level,and the Ramsey price of transmission varied depending on the supply/demand price elasticity at each bus.An example on a 3-bus system demonstrated the new transmission pricing model reasonable." @default.
- W2384315025 created "2016-06-24" @default.
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- W2384315025 date "2009-01-01" @default.
- W2384315025 modified "2023-09-22" @default.
- W2384315025 title "Ramsey pricing for power transmission" @default.
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