Nodal pricing: The theory and evidence of Indonesia power system

Dzikri Hakam

Research output: Contribution to journalArticle

1 Citation (Scopus)
34 Downloads (Pure)

Abstract

This research presents a stylised nodal pricing model of Indonesia power system with engineering-economic constraints. The modelling in this research adopts the 8 nodes stylised model for the Sumatra power system, by incorporating generation, transmission and power system stability constraint. Nodal pricing analysis is performed based on Direct Current (DC) Optimal Power Flow (OPF) and marginal cost calculation in each node. This research is the first ever to estimate nodal prices in the Indonesian electricity market. Nodal pricing model in this paper provides a proper investment signals for Indonesian stakeholder in performing generation expansion planning.
Original languageEnglish
Pages (from-to)135-147
Number of pages13
JournalInternational Journal of Energy Economics and Policy
Volume8
Issue number6
DOIs
Publication statusPublished - 2018

Fingerprint

Costs
System stability
Planning
Economics
Power system
Pricing
Indonesia
Node
Optimal power flow
Modeling
Marginal cost
Electricity market
Stakeholders
Power markets

Keywords

  • nodal pricing
  • Sumatra power system
  • stylised model

Cite this

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Nodal pricing : The theory and evidence of Indonesia power system. / Hakam, Dzikri.

In: International Journal of Energy Economics and Policy, Vol. 8, No. 6, 2018, p. 135-147.

Research output: Contribution to journalArticle

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