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《Power System Technology》 2001-07
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A NEW MARKET-BASED CONGESTION MANAGEMENT METHOD: ——PART 1:FLOW-BASED TRADABLE TRANSMISSION RIGHTS

FANG Jun 1, ZHANG Yong ping 1, WEI Ping 2, QI Da cai 1, JIAO Lian wei 1, DIAO Qin hua 1, Chen Shou sun 1, NI Yi xin 2, LU Qiang 1 (1.Department of Electrical Engineering, Tsinghua University, Beijing, China,100084; [WT5,5”BZ]2.Departmen  
Transmission congestion management plays an important role in the deregulated environment. Introducing of tradable transmission rights is a prominent trend in congestion management and is also the center of debates. This paper studies mechanism and implementations of flow based transmission right, that is, Flowgate Rights(FGRs). A 3 node network example is used to illustrate the mechanism and effectiveness of FGRs for congestion management and congestion cost allocation. FGRs also provide a financial tool for market participants to hedge against price risk. The corresponding market structure and relative issues with FGRs are also discussed.
【Fund】: 国家重点基础研究专项经费 (G19980 2 0 3 0 5 );; 香港政府大学研究基金 (RGC:HKU70 5 0 /0 0 E);; 香港大学研究基金 (CR-CG:10 2 0
【CateGory Index】: TM727
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