Distributed Pricing And Cost Analysis In The Electric Power Market

With the development of the electric power system, distributed price is more important in the electric power market than before. But it is reasonless now . So we propose a distributed spot price in this paper .In the 1st chapter, this paper presents the importance and necessary of building the electric power market and analyses the actuality of the electric power market in our country or in other country.In the 2nd chapter , this paper presents that the distributed price is reasonless now .This paper also presents the reason and how to innovate it.In the 3rd chapter ,this paper analyses the cost of the distributed price .In the 4th chapter , this paper introduces two traditional ways to getting electric power prices and compares them.In the last chapter ,this paper derives an expression for the spot price in a radial distribution system, in terms of system quantities such as power line flows .This paper also shows line flow constraints can be implemented as an integral part of the proposed spot pricing algorithm. At last this paper uses an example system to illustrate how the spot pricing algorithm works .