Abstract: Significance and Impact of Unscheduled Interchange (UI)-Mechanism in Electricity Market
International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064

Downloads: 103

Research Paper | Electrical Engineering | India | Volume 4 Issue 8, August 2015

Significance and Impact of Unscheduled Interchange (UI)-Mechanism in Electricity Market

Umashankar Vishnoi, Vikas Dadheech

ABT is a performance based tariff for the supply of electricity by generators owned & controlled by government. It is also a new system of scheduling & dispatch, which requires both generators and beneficiaries to commit to day-ahead schedule. ABT along with the Electricity of Act 2003 is perhaps the most significant & definitive step taken in the Indian power sector. The mechanism is based on financial principle. This paper proposes an approach for analysis & determination of UI based on Frequency based Tariff for competitive electricity market. The power system deviates from the optimized solutions. There is an urgent need for determination of UI revenue paid by such defaulter market participants. Frequency based technique has been applied to double auction modified IEEE30 bus system.

Keywords: Availability Based tariff ABT, Deregulated Power Sector, Electricity Market, Central Electricity Regulatory Commission, Utilities, Transmission System, Unscheduled Interchange

Edition: Volume 4 Issue 8, August 2015

Pages: 1591 - 1596

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How to Cite this Article?

Umashankar Vishnoi, Vikas Dadheech, "Significance and Impact of Unscheduled Interchange (UI)-Mechanism in Electricity Market", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=SUB157660, Volume 4 Issue 8, August 2015, 1591 - 1596

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