Detailed design of rules and tools for day-ahead spot market pricing


Title: Detailed design of rules and tools for day-ahead spot market pricing
Start Date: 2010
End Date: 2011
Client: Iran Grid Management Company (IGMC)
Main Client: Iran Grid Management Company (IGMC)
Location: Iran-Tehran
Scope Of Work:

• Security Constraint Unit Commitment Implementation
• Locational Energy Pricing
• Transmission Services Pricing
• Calculation of Loss Charges
• Surveying Other Countries Experience on the subject
Details:
Defining zones for location-based energy pricing
Proposing a settlement method to calculate Electricity Price
Proposing a new approach for producer payments in market which takes into account the current billing system and lead to least deviation to avoid market players resistance
Determination of Loss, Congestion, and Transmission Services Charge