Answer Happy

Question /: There are three supply-side participants (A, B and C) and three demand-side participants (D, E and F) in a double-auction electricity market, and their supply / demand offers are given below. PA SELL = 0.5PGA + 25 PELL = 210 0.4PDE SELL po = 0.1PGC + 18 PUY = 1950.37PDF (PA, PB and pc are the sell-offer prices, PD, PE and PF are the buy-offer prices) Dana 2 of 1 BUY PĎ = 0.2PGB + 10 = 180 -0.25PDD pour a. Assuming a perfectly competitive electricity market, determine the uniform market price and the energy cleared for all participants. b. Consider that A, B, E and F are located in West-Region while C and D are located in the East-Region. (Assume that all entities within a region are connected at a single bus). The tie-line connecting the two regions has a total capacity of 150 MW. Determine the new market clearing conditions (dispatch, price, etc.) incorporating the transmission line limit. c. Now consider that the transmission loss on the tie-line is 8%. Also given that the East- Region bus is the Reference Bus. Find the constraint cost of the tie-line and the LMP at the East-Region bus and the West-Region bus. d. How much will be the Congestion Rent (based on the answer of (c)) and which bus participants will pay? e. Customers-E and F have jointly purchased a Firm Transmission Right (FTR) of 170 MW from East-Bus to West-Bus, while Generator-D has an FTR of 225 MW from East-Bus to West- Bus. Find the net congestion payment of each participant to the transmission company.