Wheeling Charge Calculations: A Comparison between Power Tracing Method and Game Theory
Abstract
This article presents a comparison between using the power tracing method and game theory method to calculate the wheeling charge. The power tracing method uses downstream-looking algorithm, while the game theory method uses Shapley value for allocating the transmission line usage cost. PowerWorld Simulator was used to simulate the power flow of the test system; the results are shown both in terms of the magnitude and direction of real power flow in each transmission line. Then, a MATLAB program was created to calculate the transmission line usage cost using both the power tracing method and Shapley value. The test system consisted of 5 buses, 7 transmission lines with 2 sources, namely, Provincial Electricity Authority (PEA) and Small Power Producer (SPP). Loads at buses 2 and 3 were the customers of SPP, while the others were the customers of PEA. The results showed that both methods have different advantages and disadvantages. The game theory method is easier to understand and yielded reasonable and fair results. However, the game theory method must run the load flow program for many times, so it may take more computational time for a larger system. On the other hand, the power tracing method is more complex and requires many steps to find the solution; the load flow program needs to run only once, however.
References
Wuttisela, C., 2017, “Asean Power Grid,” TIRATHAI Journal, 6 (18), pp. 5-13. (In Thai)
Choudhury, N.B.D. and Goswami, S.K., 2010, “Fair Allocation of Transmission Ancillary Service Cost using Game Theory: A Preliminary Study,” 20th Australasian Universities Power Engineering Conference (AUPEC), 5-8 December 2010, Christchurch, New Zealand, pp. 1-5.
Khare, S., Khan, B. and Agnihotri, G., 2015, “Shapley Value Approach for Transmission Usage Cost Allocation under Contingent Restructured Market,” 2015 1st International Conference on Futuristic trend in Computational Analysis and Knowledge Management (ABLAZE-2015), 25-27 February 2015, Greater Noida, India, pp. 170-173.
Bhakar, R., Sriram, V.S., Padhy N.P. and Gupta, H.O., 2009, “Cost Allocation of DG Embedded Distribution System by Game Theoretic Models,” IEEE Power and Energy Society General Meeting Conference, 26-30 July 2009, Calgary, AB, Canada, pp. 1-7.
Vidhya, P., Kumar R.A. and Asokan, K., 2016, “A Novel MVA – Mile Method Based Cost Allocation Scheme for Competitive Power System by Employing SSSC Controller,” Middle-East Journal of Scientific Research, 24 (10), pp. 3230-3242.
Singh, S., 2012, “Power Tracing in a Deregulated Power System: IEEE 14-Bus Case,” International Journal of Computer Technology and Applications, 3 (3), pp. 887-894.
Bialek, J., 1996, “Tracing the Flow of Electricity,” IEE Proceedings - Generation, Transmission and Distribution, 143 (4), pp. 313-320.
Grai Phongam, Game Theory and Economic Decision Making, Faculty of Economics, Ramkhamhaeng University.
Suksomboon, K., 2004, Fair Trunk Reservation Policy in Call Admission Control Using Cooperative Game Theory, Chulalongkorn University, Bangkok, 106 p. (In Thai)
alid Saad, W., Han, Z., Debbah, M., Hjørungnes, A. and Başar, T., 2009, “Coalitional Game Theory for Communication Networks,” IEEE Signal Processing Magazine, 26 (5), pp. 77-97.
Ferguson, T.S., 2000, “Part IV. Games in Coalition Form,” in Game Theory, University of California, Los Angeles, pp. 1-25.
Sae-Heng, S., Noohawm, O. and Rerkpreedapong, D., 2013, “Application Game Theory to Wheeling Charge Calculation,” The 36th Electrical Engineering Conference (EECON 36), 11-13 December 2013, pp. 253-256. (In Thai)
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 King Mongkut's University of Technology Thonburi
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Any form of contents contained in an article published in Science and Engineering Connect, including text, equations, formula, tables, figures and other forms of illustrations are copyrights of King Mongkut's University of Technology Thonburi. Reproduction of these contents in any format for commercial purpose requires a prior written consent of the Editor of the Journal.
