February 4, 2005
All rights reserved to Shmuel Oren, UC Berkeley
PSERC
Pricing
Congestion the Right Way
nCharge scheduled transactions the locational price differences between injection and withdrawal point OR
nCharge scheduled
transactions a congestion fee
that equals to their induced flow on congested
lines times the “shadow prices” on these
lines
nPay redispatched INCs at import location P2 and sell back energy to DECs at export location P1