Applied cost allocation: The DEA–Aumann–Shapley approach

Multiarea Transmission Cost Allocation in Large Power Systems Using the Nodal Pricing Control Approach

This paper proposes an algorithm for transmission cost allocation (TCA) in a large power system based on nodal pricing approach using the multi-area scheme. The nodal pricing approach is introduced to allocate the transmission costs by the control of nodal prices in a single area network. As the number of equations is dependent on the number of buses and generators, this method will be very ti...

A Robust Scenario Based Approach in an Uncertain Condition Applied to Location-Allocation Distribution Centers Problem

The paper discusses the location-allocation model for logistic networks and distribution centers through considering uncertain parameters. In real-world cases, demands and transshipment costs change over the period of the time. This may lead to large cost deviation in total cost. Scenario based robust optimization approaches are proposed where occurrence probability of each scenario is not know...

Simultaneous Allocation Of Reliability & Redundancy Using Minimum Total Cost Of Ownership Approach

This paper addresses the mixed integer reliability redundancy allocation problems to determine simultaneous allocation of optimal reliability and redundancy level of components based on three objective goals. System engineering principles suggest that the best design is the design that maximizes the system operational effectiveness and at the same time minimizes the total cost of ownership (TCO...

Transmission Cost Allocation in Restructured Power Systems Based on Nodal Pricing Approach by Controlling the Marginal Prices

This paper presents a method to allocate the transmission network costs to users based on nodal pricing approach by regulating the nodal prices from the marginal point to the new point. Transmission nodal pricing based on marginal prices is not able to produce enough revenue to recover the total transmission network costs. However, according to the previous studies in this context, this met...

Cost Allocation