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Performance analysis of hybrid techniques for evaluation of power transmission cost and loss allocation based on transmission reliability margin.

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Title: Performance analysis of hybrid techniques for evaluation of power transmission cost and loss allocation based on transmission reliability margin.
Authors: Shaik, Muqthiar Ali1 (AUTHOR) shaikmuq@gmail.com, Mareddy, Padma Lalitha2 (AUTHOR), N, visali3 (AUTHOR)
Source: International Transactions on Electrical Energy Systems. Nov2021, Vol. 31 Issue 11, p1-21. 21p.
Subject Terms: *Cost allocation, *Electricity pricing, *Electrical load, *Power transmission, *Fuzzy algorithms, *Electricity markets, *Hybrid power systems
Abstract: Summary: The cost allotment of the transmission system is based on reliability, which is a significant problem for efficient transmission cost allotment. In this paper, a hybrid technique is suggested to allocate and minimize the embedded cost of transmission based on the reliability margin by permitting its users for the transactions under the Deregulated power system market. The hybrid technique combines the Elephant Herd Optimization (EHO) algorithm and the Fuzzy Logic Controller (FLC). The Elephant Heard Optimization algorithmic program is impressed by the swarming activities of elephant grouping. The FLC is utilized to boost the performance of the Elephant Heard Optimization Method. Initially, the Optimal Power flow is analyzed using the Newton‐Raphson (N‐R) approach. The objective function is to define and analyze the power loss, capacity cost, Expected Transmission Margin Unit (ETMU), reliability cost, and embedded cost for the base case. After that, the transmission system's contingency and analysis of the embedded cost and power loss are analyzed. The outcomes of the suggested method are analyzed with cases such as contingency, transactions. The suggested technique is tested with the IEEE 5 and IEEE 24 Reliability Test System bus system and analyzed the corresponding capacity cost, reliability cost, ETMU, Embedded cost, and Power loss of the system. The suggested method is implemented in MATLAB software. Results are validated with the traditional methods, namely Bat Algorithm (Bat) and Firefly Algorithm (FA). [ABSTRACT FROM AUTHOR]
Database: Energy & Power Source
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Header DbId: enr
DbLabel: Energy & Power Source
An: 153384327
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  Label: Title
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  Data: Performance analysis of hybrid techniques for evaluation of power transmission cost and loss allocation based on transmission reliability margin.
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  Data: <searchLink fieldCode="AR" term="%22Shaik%2C+Muqthiar+Ali%22">Shaik, Muqthiar Ali</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> shaikmuq@gmail.com</i><br /><searchLink fieldCode="AR" term="%22Mareddy%2C+Padma+Lalitha%22">Mareddy, Padma Lalitha</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22N%2C+visali%22">N, visali</searchLink><relatesTo>3</relatesTo> (AUTHOR)
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  Data: <searchLink fieldCode="JN" term="%22International+Transactions+on+Electrical+Energy+Systems%22">International Transactions on Electrical Energy Systems</searchLink>. Nov2021, Vol. 31 Issue 11, p1-21. 21p.
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  Data: *<searchLink fieldCode="DE" term="%22Cost+allocation%22">Cost allocation</searchLink><br />*<searchLink fieldCode="DE" term="%22Electricity+pricing%22">Electricity pricing</searchLink><br />*<searchLink fieldCode="DE" term="%22Electrical+load%22">Electrical load</searchLink><br />*<searchLink fieldCode="DE" term="%22Power+transmission%22">Power transmission</searchLink><br />*<searchLink fieldCode="DE" term="%22Fuzzy+algorithms%22">Fuzzy algorithms</searchLink><br />*<searchLink fieldCode="DE" term="%22Electricity+markets%22">Electricity markets</searchLink><br />*<searchLink fieldCode="DE" term="%22Hybrid+power+systems%22">Hybrid power systems</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: Summary: The cost allotment of the transmission system is based on reliability, which is a significant problem for efficient transmission cost allotment. In this paper, a hybrid technique is suggested to allocate and minimize the embedded cost of transmission based on the reliability margin by permitting its users for the transactions under the Deregulated power system market. The hybrid technique combines the Elephant Herd Optimization (EHO) algorithm and the Fuzzy Logic Controller (FLC). The Elephant Heard Optimization algorithmic program is impressed by the swarming activities of elephant grouping. The FLC is utilized to boost the performance of the Elephant Heard Optimization Method. Initially, the Optimal Power flow is analyzed using the Newton‐Raphson (N‐R) approach. The objective function is to define and analyze the power loss, capacity cost, Expected Transmission Margin Unit (ETMU), reliability cost, and embedded cost for the base case. After that, the transmission system's contingency and analysis of the embedded cost and power loss are analyzed. The outcomes of the suggested method are analyzed with cases such as contingency, transactions. The suggested technique is tested with the IEEE 5 and IEEE 24 Reliability Test System bus system and analyzed the corresponding capacity cost, reliability cost, ETMU, Embedded cost, and Power loss of the system. The suggested method is implemented in MATLAB software. Results are validated with the traditional methods, namely Bat Algorithm (Bat) and Firefly Algorithm (FA). [ABSTRACT FROM AUTHOR]
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RecordInfo BibRecord:
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    Identifiers:
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        Value: 10.1002/2050-7038.13034
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      – Code: eng
        Text: English
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        PageCount: 21
        StartPage: 1
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      – SubjectFull: Cost allocation
        Type: general
      – SubjectFull: Electricity pricing
        Type: general
      – SubjectFull: Electrical load
        Type: general
      – SubjectFull: Power transmission
        Type: general
      – SubjectFull: Fuzzy algorithms
        Type: general
      – SubjectFull: Electricity markets
        Type: general
      – SubjectFull: Hybrid power systems
        Type: general
    Titles:
      – TitleFull: Performance analysis of hybrid techniques for evaluation of power transmission cost and loss allocation based on transmission reliability margin.
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            NameFull: Shaik, Muqthiar Ali
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            NameFull: Mareddy, Padma Lalitha
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            NameFull: N, visali
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            – D: 01
              M: 11
              Text: Nov2021
              Type: published
              Y: 2021
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            – TitleFull: International Transactions on Electrical Energy Systems
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