Nodal pricing: The theory and evidence of Indonesia power system

Dzikri Hakam

    Research output: Contribution to journalArticlepeer-review

    6 Citations (Scopus)
    172 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

    Keywords

    • nodal pricing
    • Sumatra power system
    • stylised model

    Fingerprint

    Dive into the research topics of 'Nodal pricing: The theory and evidence of Indonesia power system'. Together they form a unique fingerprint.

    Cite this