Review of Methods to Calculate Congestion Cost Allocation in Deregulated Electricity Market

With maturing deregulated environment for electricity market, cost of transmission congestion becomes a major issue for power system operation. Uniform Marginal Price and Locational Marginal Price (LMP) are the two practical pricing schemes on energy pricing and congestion cost allocation, which are based on different mechanisms. In this paper, these two pricing schemes are introduced in detail respectively. Also, the modified IEEE-14-bus system is used as a test system to calculate the allocated congestion cost by using these two pricing schemes.

Design of cost allocation rule for joint replenishment with controllable lead time

To encourage retailers to form cooperative alliances to jointly replenish inventory,considering that the supplier provides a flexible lead time and quantity discount to retailers,a model of average total cost per unit time of periodic joint replenishment is constructed,and an approximate algorithm,which can satisfy the requirement of any given precision,is given.The cost allocation rule in the core of the joint replenishment game is designed based on the cooperative game theory.The numerical experiment results show that the proposed algorithm can quickly solve the joint replenishment problem when the item number is not greater than 640.The retailer's cost saving rate is always greater than 0,and it increases with the increase in quantity discount and fixed cost after adopting the given cost allocation rule.With the increase in the safety stock level,the retailer's cost saving rate increases first and then decreases;and the retailer's cost saving rate increases with the increase in the size of the alliance,but it decreases as the number of product category increases.The proposed cost allocation rule can reduce the retailer's cost up to 20%,which is conducive to forming a cooperative coalition.

Optimal scheduling of flexible grid-side resources and auxiliary service cost allocation model considering renewable-energy penetration

Renewable energy has penetrated power grid enterprises on a large scale.Due to the intermittency and volatility of renewable energy generation,it is necessary to build new flexible grid-side resources to ensure the safe and stable operation of the power grid,which will cause great pressure on cost allocation for power grid enterprises.This article considers four types of flexible grid-side resources and constructs a dual-level configuration optimization model for flexible grid-side resources under the penetration of renewable energy.Based on the configuration results,the cost scale of flexible grid-side resources is estimated and an improved ancillary service cost allocation model based on the Shapley value method is proposed to smooth the allocation of ancillary service costs in the cost of flexible grid-side resources between the two main bodies of renewable energy and load.The calculation results show that,when the penetration rate of renewable-energy power is 30%and 35%,respectively,the cost of flexible grid-side resources is 9.606 billion yuan and 21.518 billion yuan,respectively.The proportion of ancillary service costs allocated to load is relatively high-about five times that of the ancillary service costs allocated to renewable energy-and the higher the penetration rate of renewable energy,the higher the proportion of ancillary service costs allocated to renewable energy.

Transmission Cost Allocation by Power Tracing Based Equivalent Bilateral Exchanges

The allocation of transmission cost provides important references and signals for system expansions and investments.This paper proposes a power tracing based equivalent bilateral exchange(PTEBX)method in which network users are responsible for not only their induced power flows,but also power flows induced by whom they have equivalent bilateral exchanges with.The equivalent bilateral exchanges are recognized based on the power tracing.To evaluate the performance of different methods of allocating transmission cost,seven criteria are put forward that take into consideration characteristics of power systems.Theoretical analysis is then conducted to certify whether the methods satisfy the criteria.The results indicate that only the PTEBX method is able to satisfy all the seven criteria.Numerical examples based on the IEEE-30 system are presented to further demonstrate the applicability of the proposed method.

Development of a Circuit-theory Based Transmission Cost Allocation Method by Orthogonal Projection and Equal-sharing Principle

This paper presents a new solution to the problem of transmission cost allocation to its users.The proposed technique utilizes modified Z-bus theory,equivalent current injection and impedance of the generators and loads,and is developed by the equal-sharing as well as the orthogonal projection principle.The procedure is performed in three steps.First,the modified Z-bus theory is used to calculate the contribution of the users into the network bus voltages as well as the branch currents.Then,the equal sharing principle is confirmed by the game theory solutions and is subsequently applied to identify the users’contributions into the branch power flows.After that,the orthogonal projections of the contributions are calculated and the concept of effective contributions is suggested.The proposed methodology provides the percentage shares of the users on the network complex variables,which help to better assess the contributions.A 2-bus and the IEEE 30-bus test system are used to validate the proposed technique.Finally,the proposed methodology is applied to the polish 2383-bus system to emphasize its applicability to large practical systems.

Serial Cost Allocation in the Cooperative Purchasing Organization

Under the seller's quantity discount, buyers self-organize or rely on a third party to aggregate their pur- chasing quantities to obtain lower prices. Because of the unequal member contributions in the cooperative pur- chasing organization, the buyers' strategy is diferent, the members often fluctuate, and the organizations do not sustain themselves. An efective mechanism is necessary to improve the performance of purchasing groups. We study the various forms of cost allocation mechanism in practice. Diferent allocation rules may have influence on the buyers' behavior(i.e., purchasing quantities, whether joining the organization or not). We analyze the serial cost allocation and equilibrium purchasing quantity based on a Nash equilibrium, and the results show that each buyer is worse of when not participating in the existence buying organization of the other buyers. We further find that the serial mechanism just confirms the most efcient Nash equilibrium: reasonable cost allocation rule is necessary for the subjects to identify their optimal strategy.

Game theory approach to optimal capital cost allocation in pollution control

This paper tries to integrate game theory, a very useful tool to resolve conflict phenomena, with optimal capital cost allocation issue in total emission control. First the necessity of allocating optimal capital costs fairly and reasonably among polluters in total emission control was analyzed. Then the possibility of applying game theory to the issue of the optimal capital cost allocation was expounded. Next the cooperative N person game model of the optimal capital cost allocation and its solution ways including method based on Shapley value, least core method, weak least core methods, proportional least core method, CGA method, MCRS method and so on were delineated. Finally through application of these methods it was concluded that to apply game theory in the optimal capital cost allocation issue is helpful to implement the total emission control planning schemes successfully, to control pollution effectively, and to ensure sustainable development.

Circuit-theory-based method for transmission fixed cost allocation based on game-theory rationalized sharing of mutual-terms

This paper proposes a new method to allocate the transmission fixed costs among the network participants in a pool-based electricity market.The allocation process relies on the circuit laws,utilizes the modified impedance matrix and is performed in two individual steps for the generators and loads.To determine the partial branch power flows due to the participants,the equal sharing principle is used and validated by the Shapley and Aumann-Shapley values as two preferred game-theoretic solutions.The proposed approach is also applied to determine the generators’contributions into the loads,and a new concept,named circuit-theory-based equivalent bilateral exchange(EBE),is introduced.Using the proposed method,fairly stable tariffs are provided for the participants.Cross-subsidies are reduced and a fair competition is made by the proposed method due to the counter-flows being alleviated compared with the well-known Z-bus method.Numerical results are reported and discussed to validate the proposed cost allocation method.Comparative analysis reveals that the method satisfies all conditions desired in a fair and efficient cost allocation method.Finally,the developed technique has been implemented successfully on the 2383-bus Polish power system to emphasize that the method is applicable to very large systems.

Optimal allocation of watershed management cost among different water users

The issue of water scarcity highlights the importance of watershed management. A sound watershed manage- ment should make all water users share the incurred cost. This study analyzes the optimal allocation of watershed management cost among different water users. As a consumable, water should be allocated to different users the amounts in which their marginal utilities (MUs) or marginal products (MPs) of water are equal. The value of MUs or MPs equals the water price that the watershed manager charges. When water is simultaneously used as consumable and non- consumable, the watershed manager produces the quantity of water in which the sum of MUs and/or MPs for the two types of uses equals the marginal cost of water production. Each water user should share the portion of watershed management cost in the percentage that his MU or MP accounts for the sum of MUs and/or MPs. Thus, the price of consumable water does not equal the marginal cost of water production even if there is no public good.

Resource Allocation Using SPA Based on Different Cost Functions in Elastic Optical Networks

Routing, modulation and spectrum allocation in elastic optical networks is a problem aiming at increasing the capacity of the network. Many algorithms such as shortest path algorithm can be used as the routing section of this problem. The efficiency of these algorithms is partly based on how the cost of each link is defined. In this study, we considered several basic metrics in cost of network links and compared their effects on the network capacity. In particular, the static costs and the dynamic costs were evaluated and compared. For dynamic scenarios, compared to static scenarios, at least one additional factor, the usage of the links, was added. We further considered a new factor that is based on probability of accommodating the signal at a given time in any given link. The results show that, among them, the shortest path algorithm provides the least blocking probability when the cost is a combination of link length and the abovementioned possibility/usage of the link.

Multi-QoS Guaranteed Resource Allocation for Multi-Services Based on Opportunity Costs

To meet the booming development of diversified services and new applications in the future, the fifth-generation mobile conmmnication system （5G） has arisen. Resources are increasingly scarce in the @namic time-varying of 5G networks. Allocating resources effectively and ensuring quality of service （QoS） requirements of multi-seiwices come to be a research focus. In this paper, we utilize effective capacity to build a utility function with multi-QoS metrics, including rate, delay bound and packet loss ratio. Taking advantage of opportunity cost （OC）, we also propose a multi-QoS guaranteed resource allocation algm＇ithm for multi-services to consider the future condition of system. In the algorithm, according to different business characteristics and the theory of OC, we propose different selection conditions for QoS users and best effort （BE） users to choose more reasonable resources. Finally, simulation results show that our proposed algorithm achieves superior system utility and relatively better fairness in multi-service scenarios.

Allocation of congestion relief cost based on flow change on the congested facilities

Congestion management in an electricity market is introduced in this paper and a new method of allocating congestion cost to transactions is proposed. The proposed method is a two-step process, in which the total congestion cost is firstly allocated to congested facilities and then to each transaction involved. The cost of relieving a congested facility allocated to each transaction is proportional to the power flow change on the congested facility caused by the transaction. The more the power flow change is on the congested facility caused by the transaction, the deeper the degree of involvement by the transaction. Therefore, cutting down the magnitudes of such transactions contributes to relieving congestion. Test results on a 5-bus system indicate that the proposed method can reflect reasonably the degree of involvement by each transaction in the congestion and provide correct price signals contributing to relieving congestion.

Power flow tracing based method for allocation of transmission service cost to transactions

Based on the concepts of objective fact and subjective desire proposed in this paper, the problems that exist in the nodal injections-based and transaction-based transmission service allocation scheme are pointed out. To get around the problems above, a novel transmission service allocation scheme is proposed which considers the power flow distribution and the transaction impact on the system simultaneously so that the issues of “Cross-subsidies” and “Counter flow” can be avoided. The principle of the scheme is illustrated using two simple networks with 7 cases. The results show that the proposed scheme can satisfy the properties necessary for the development and growth of the electricity market.

Allocation of fixed transmission cost based on power flow tracing algorithm

In the electricity market, charging based on the traditional spot electricity price often results in the payment imbalance of electric network, and goes against the development of the power system. So, it is necessary to modify the spot price. The key of the modification lies in how to calculate the fixed unit transmission cost of each node, that is how to allocate the fixed transmission cost to users.To solve this problem, we develop a power flow tracing algrithm to modify the spot price. We put forward a path searching method based on the graph theory after studying the fundamental principle of power flow tracing and apply the method to the downstream tracing algorithm and upstream tracing algorithm according to the proportional distribution principle. Furthermore, to improve the computational efficiency of the algorithm, we introduce the branch expunction method to optimize the node order. By using the result of power flow tracing to get fixed node transmission cost and introducing it to modify the spot price, we obtain the synthetical price.The application to a 5-bus system prove the algorithm feasible.

Objective function of cost in optimal tolerance allocation

An objective function model is proposed for cost in optimizing and allocating tolerance with consideration of manufacturing conditions. With the fuzzy comprehensive evaluation method,a manufacturing difficulty coefficient is derived,which takes into account of several factors affecting the manufacturing cost,including the forming means of the blank,size,machining surface features,operator’s skills and machinability of materials. The coefficient is then converted into a weight factor used in the inversed square model representing the relationship between the cost and tolerance,and,hence,an objective function for cost is established in optimizing and allocating tolerance. The higher is the manufacturing difficulty coefficient,the higher is the relative manufacturing cost and the higher is the weight factor of the tolerance allocation,which indicates the increase of the tolerance’s effects on the total manufacturing cost and,therefore,a larger tolerance should be allocated. The computer-aided tolerance allocation utilizing this model makes it more convenient,accurate and practicable.

Benefit-based cost allocation for residentially distributed photovoltaic systems in China:A cooperative game theory approach

Distributed photovoltaic(PV)systems have constantly been the key to achieve a low-carbon economy in China.However,the development of Chinese distributed PV systems has failed to meet expectations because of their irrational profit and cost allocations.In this study,the methodology for calculating the levelized cost of energy(LCOE)for PV is thoroughly discussed to address this issue.A mixed-integer linear programming model is built to determine the optimal system operation strategy with a benefit analysis.An externality-corrected mathematical model based on Shapley value is established to allocate the cost of distributed PV systems in 15 Chinese cities between the government,utility grid and residents.Results show that(i)an inverse relationship exists between the LCOEs and solar radiation levels;(ii)the government and residents gain extra benefits from the utility grid through net metering policies,and the utility grid should be the highly subsidized participant;(iii)the percentage of cost assigned to the utility grid and government should increase with the expansion of battery bank to weaken the impact of demand response on increasing theoretical subsidies;and(iv)apart from the LCOE,the local residential electricity prices remarkably impact the subsidy calculation results.

产业政策、基金投资与企业股权再融资

如何有效引导资金流向政策支持的产业,是产业政策发挥效果、促进金融服务经济的关键。根据“产业政策引导基金投资,基金投资与产业政策的有机结合影响企业再融资”的思路,研究了产业政策对基金投资行为的影响,并进一步研究了产业政策影响下的基金投资能否促进企业再融资问题。研究发现:产业政策能引导基金投向政策支持的企业;基金持股与产业政策的交互作用引导资本市场资金流向政策支持的企业,促进企业再融资。研究有助于深入理解产业政策、资本市场主体行为和市场资源配置之间的关系,更好发挥产业政策的导向作用和金融支持实体经济的功能。

“三类六区”单井效益评价方法在油田配产中的应用

油气田上游企业单独配置产量与成本造成资源配置长期不均衡的现象,传统按油井能力配产已无法满足油田高质量、可持续发展的需求,投资、成本、产量等资源如何合理配置是油田生产经营中需要解决的难题。为此,以油井为单元建立“三类六区”效益评价方法,引入最低变动成本识别无效益产量,在此基础上通过最低变动成本及单井效益贡献值的统一优化排序,利用盈亏平衡、成本最低及利润最大三种模型测算经济产量规模,以指导高成本及无效益产量进行效益优化,提出分类治理措施。此研究应用于制定XJ油田效益配产方案,基于油田能力配产方案及成本预算方案,以油田盈亏平衡产量、成本最低产量及利润最大产量为参考,调整产量规模、优化配置成本,得到量效兼顾产量方案,为油田生产经营决策提供依据。

数字化转型与企业集团决策权配置

决策权配置对企业集团的生存与发展具有重要意义。在数字经济时代,企业集团的数字化转型将深刻改变决策权配置模式。本文构建理论模型并使用A股上市公司2011—2021年数据实证检验了数字化转型对企业集团决策权配置的影响。研究发现:数字化转型显著降低了企业集团决策权的集中度,促使决策权向子公司转移。在使用工具变量、DID以及PSM等多种稳健性检验方法后,主要结论仍然成立。渠道分析表明:数字化转型通过降低企业集团面临的不确定性以及降低子公司与母公司间的相对信息成本两条途径促使决策权向子公司转移。此外,数字化转型促进分权的效应在民营、子公司数量更少和子公司承担业务量更轻的企业集团中表现更为明显。本文的研究对公司治理具有重要意义,为数字时代企业集团决策权配置提供了理论与经验支撑。

数字化转型能提升国有企业资本配置效率吗?

进入数字经济时代,数字化转型已成为国有企业高质量发展的必经之路。在此背景下,探究数字化转型与资本配置效率之间的内在逻辑关系,对增强国有企业活力和提升国有企业资本效率具有重要理论和实践意义。以2009-2021年沪深A股上市的非金融国有企业为样本,从外部成本以及内部治理两个层面实证检验数字化转型对国有企业资本配置效率的影响效果及作用机制。结论说明:1)数字化转型能够显著改善国有企业资本要素错配,提升国企资本配置效率。2)机制分析表明,数字化转型能通过缓解信息不对称、降低代理成本以及改善融资约束,优化国有企业资本要素配置。3)从市场、政府以及国有企业自身层面来看,首先数字化转型在一定程度上能替代外部不完备的资本市场。在资本市场发育程度较低环境中,数字化转型更能改善国有企业资本要素错配。其次较高的财政补贴隐含过多的政策性负担,弱化数字化转型对国有企业资本效率提升效果。最后在较高水平内部控制环境中,数字化赋能显著提升国企资本配置效率。研究有助于深化数字化转型赋能国有企业资本配置效率的效果和机制,为探究我国国有企业高质量发展提供学理依据及决策参考。