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Designing a comprehensive separated regulation mechanism of distribution companies considering short- and long-term asset management

Lookup NU author(s): Dr Mansoureh Zangiabadi

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This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).

Abstract

© 2017 The Institution of Engineering and Technology. All rights reserved. The regulation of distribution system operator is changing from the traditional approach to performance-based regulation (PBR). In this study a novel PBR approach is proposed for the regulation of a distribution company with consideration for asset management time scopes. In this regard a comprehensive separated regulation mechanism is presented so that the total expenditure for asset management is categorised into two: capital expenditure (Capex) and operational expenditure (Opex). A separate Capex and Opex regulation is proposed for electric distribution company regulation. A new reward and penalty scheme is proposed to efficiently regulate the quality of the network at a desirable level. The proposed methods are applied on the Iranian electricity distribution company.

Publication metadata

Author(s): Larimi SMM, Haghifam M-R, Zangiabadi M, Bahmani MH

Publication type: Conference Proceedings (inc. Abstract)

Publication status: Published

Conference Name: 24th International Conference & Exhibition on Electricity Distribution (CIRED)

Year of Conference: 2017

Pages: 2674-2677

Online publication date: 01/10/2017

Acceptance date: 02/04/2016

Date deposited: 08/06/2018

ISSN: 2515-0855

Publisher: IET

URL: https://doi.org/10.1049/oap-cired.2017.1342

DOI: 10.1049/oap-cired.2017.1342

Series Title: CIRED - Open Access Proceedings Journal

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