Transmission cost allocation using cooperative Game Theory: A comparative study

In this paper is presented a Game Theory based methodology to allocate transmission costs, considering cooperation and competition between producers. As original contribution, it finds the degree of participation on the additional costs according to the demand behavior. A comparative study was carri...

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Bibliographic Details
Published in2009 6th International Conference on the European Energy Market pp. 1 - 6
Main Authors Azevedo, F., Khodr, H.M., Vale, Z.A.
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.05.2009
Subjects
Business
Coalition
Companies
Cooperative Game
Costs
Equations
Game theory
Helium
Investments
Knowledge engineering
Monopoly
Nucleolus
Sections
Shapley Value
Transmission Costs Allocation
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Summary:In this paper is presented a Game Theory based methodology to allocate transmission costs, considering cooperation and competition between producers. As original contribution, it finds the degree of participation on the additional costs according to the demand behavior. A comparative study was carried out between the obtained results using Nucleolus balance and Shapley Value, with other techniques such as Averages Allocation method and the Generalized Generation Distribution Factors method (GGDF). As example, a six nodes network was used for the simulations. The results demonstrate the ability to find adequate solutions on open access environment to the networks.
ISSN:2165-4077
DOI:10.1109/EEM.2009.5207204