| Title |
Analysis on the Decision of Transmission Cost Allocation Rate Using the Arbitration Game |
| Authors |
정구형(Chung, Koohyung) ; 김동주(Kang, Dongjoo) ; 한석만(Han, Seokman) ; 김발호(Kim, Balho) |
| Keywords |
Competitive Electricity Market ; Transmission Cost Allocation Rate ; Arbitration Game |
| Abstract |
In many parts of the world, the electric power industry is undergoing unprecedented changes. Therefore, in order to reform the electric power industry efficiently and minimize the confusion of this restructuring, the systematic studies related to transmission pricing and transmission cost allocation issues are required essentially. However, even now, the basis of transmission cost allocation rate is not equipped so that the regulation body has determined the allocating rate under the common practice. In this paper, we demonstrate that the decision of transmission cost allocation rate is the regulation body's own right. For this analysis, we apply game theory to the procedure determining this rate and the competition to determine this rate between gencos and distcos is modeled as the arbitration game. |