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dc.contributor.authorKattuman, Paulen_GB
dc.contributor.authorGreen, Richard J.en_GB
dc.contributor.authorBialek, Januszen_GB
dc.date.accessioned2004-06-16T16:04:52Z
dc.date.available2004-06-16T16:04:52Z
dc.date.created2001-06en_GB
dc.date.issued2004-06-16T16:04:52Z
dc.identifier.urihttp://www.dspace.cam.ac.uk/handle/1810/286
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/286
dc.description.abstractIn the context of liberalisation of electricity markets world wide, the need for agreed protocols for electricity trades between systems with different charges poses a special challenge. System operators need to know how much a given trade uses the network, in order to allocate an appropriate portion of their costs to that trade. This paper discusses a technique, tracing, for determining how much each of a number of trades uses different parts of the electricity network. The scheme is based on the assumption that at any network node, inflows are shared proportionally between outflows (and vice versa). The paper outlines the technique and shows how it could be applied to the problem of charging cross-border trades. The paper goes on to demonstrate that the technique has a game theoretic rationale, in that it produces the Shapley value solution to a game equivalent to this allocation problem.en_GB
dc.format.extent120403 bytes
dc.format.mimetypeapplication/pdfen_GB
dc.format.mimetypeapplication/pdf
dc.language.isoen_GB
dc.publisherFaculty of Economics
dc.relation.ispartofseriesCambridge Working Papers in Economics
dc.rightsAll Rights Reserveden
dc.rights.urihttps://www.rioxx.net/licenses/all-rights-reserved/en
dc.subjectderegulation
dc.subjecttransmission loss
dc.subjectpricing
dc.subjectco-operative games
dc.subject.classificationClassification-JEL: L94, L51, C71, D63en_GB
dc.titleA Tracing Method for Pricing Inter-Area Electricity Tradesen_GB
dc.typeWorking Paperen
dc.identifier.doi10.17863/CAM.5179


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