Multiobjective Transmission Pricing Using MWMLE Method
V. B. Chandra Lekha1, A. Surya Prakasa Rao2
1V. B. Chandra Lekha, M. Tech Scholar, Department of Electronics and Electrical Engineering, SIR C R Reddy College of Engineering, Eluru (Andhra Pradesh), India.
2A. Surya Prakasa Rao, Associate Professor, Department of Electronics and Electrical Engineering, SIR C R Reddy College of Engineering, Eluru (Andhra Pradesh), India.
Manuscript received on 10 December 2017 | Revised Manuscript received on 18 December 2017 | Manuscript Published on 30 December 2017 | PP: 160-164 | Volume-7 Issue-2, December 2017 | Retrieval Number: B5263127217/17©BEIESP
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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: With regards to focused power markets, transmission settled expenses ought to be reasonably allotted to transmission clients. A sensible assignment technique could prompt effective uses of existing transmission offices and in the meantime, give financial signs to controlling future era arranging and load sitting. The proposed technique considers the active power flow in the network and power factor with loss cost and it is the first pricing strategy to consider the real network conditions and power flow in the network. MW mile method is a simple method useful to cover the total transmission system cost among all network users. The main objective of this paper is to provide cost economically to the customers by considering not only the active power flow but also the power factor with loss cost. The paper proposes the multi objective MW-Mile method which gives solution to transmission pricing with power factor and loss cost. The proposed technique is tested on IEEE-24 Bus system and it is simulated using MATLAB software
Keywords: Cost Allocation on Transmission, Mw Method, Mw Power Factor, Loss Calculation.
Scope of the Article: Wireless Power Transmission