Locational Marginal Price Calculation Implying Different System Uncertainties
Mostafa Atef1, R. A. Swief2, T.S. Abdelsalam3

1Mostafa Atef, Department of Electrical Engineering, Faculty of Engineering, Ain-Shams University, Cairo, Egypt.
2R.A.Swief, Department of Electrical Engineering, Faculty of Engineering, Ain-Shams University, Cairo, Egypt.
3T.S.Abdelsalam, Faculty of Energy and Environmental Engineering, The British University in Egypt, Cairo, Egypt. Electrical Power and Machine Dept. Ain Shmas University, Cairo, Egypt.
Manuscript received on January 02, 2020. | Revised Manuscript received on January 15, 2020. | Manuscript published on January 30, 2020. | PP: 489-494 | Volume-8 Issue-5, January 2020. | Retrieval Number: E4978018520/2020©BEIESP | DOI: 10.35940/ijrte.E4978.018520

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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: This paper presents locational marginal price (LMP) calculation technique facing different operation conditions. Uncertainties in power systems such as loosing transmission line of load change could be consider a common case. In calculating LMP, the effect of line flow limits will affect the prices at each bus. Also, the effect of shifted the load from bus to another is investigated. LMP is a technique used in market to determine the cost of supplying the next incremental electrical energy at a specific bus. Four different case of LMP are discussed in this paper. Three and four simple bus networks are used to demonstrate different cases of LMP.
Keywords: Locational Marginal Pricing (LMP), Offer Price, Dispatch, Transmission Flow Limit, Congestion, Losses.
Scope of the Article: Wireless Power Transmission.