Shapley value cooperative game theory-based locational marginal price computation for loss and emission reduction

Abstract An iterative method based on Shapley Value Cooperative Game Theory is proposed for the calculation of local marginal price (LMP) for each Distributed Generator (DG) bus on a network. The LMP value is determined for each DG on the basis of its contribution to reduce loss and emission reducti...

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Bibliographic Details
Main Author: Venkataramana Veeramsetty
Format: Article
Language:English
Published: SpringerOpen 2021-11-01
Series:Protection and Control of Modern Power Systems
Subjects:
Online Access:https://doi.org/10.1186/s41601-021-00211-0