Value Assessment of Transmission Lines Using Analytical Hierarchy Process
Sarkar, Koushik ; Manoharan, Arun Kaarthick ; Aravinthan, Visvakumar
Sarkar, Koushik
Manoharan, Arun Kaarthick
Aravinthan, Visvakumar
Other Names
Location
Time Period
Advisors
Original Date
Digitization Date
Issue Date
2023-10
Type
Conference paper
Genre
Keywords
Analytical hierarchy process,Net Export,Net Import,Relative Age Acceleration,Revenue Distribution
Subjects (LCSH)
Citation
Sarkar, K., Manoharan, A., & Aravinthan, V., "Value Assessment of Transmission Lines Using Analytical Hierarchy Process," 2023 North American Power Symposium, NAPS 2023, Asheville, NC, USA, 2023, Code 194607. doi: 10.1109/NAPS58826.2023.10318751
Abstract
Currently transmission line usage is varying compared to its historical usage. The shift in usage is caused by large scale renewables, and DERs. This transition, however, was not anticipated by the transmission owners before. Therefore, there is a need to develop a qualitative assessment tool to value lines based on the change in usage. This work developed factors to value line on usage based on market dynamics and operational wear and tear. A methodology, called Analytical Hierarchy Process (AHP) is used to combine these factors and provide a single value to transmission line. The value obtained through AHP will not have a reasonable meaning if economic values are not assessed. Hence, line valuation is followed by the economic assessment. This economic assessment is done by distributing the revenue to lines using AHP. This process of revenue distribution would be useful to multiple transmission owners owning lines in an area. The current practice of revenue distribution is also compared with the proposed methodology using case studies. The IEEE RTS-96 is used as a test system for this work.
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2023 North American Power Symposium, NAPS 2023, Asheville, 15 October 2023 - 17 October 2023
2023 North American Power Symposium, NAPS 2023, Asheville, 15 October 2023 - 17 October 2023
Publisher
Institute of Electrical and Electronics Engineers Inc.
Journal
Book Title
Series
2023 North American Power Symposium, NAPS 2023
