CEU Electronic Theses and Dissertations, 2020
| Author | Selmani, Sebair |
|---|---|
| Title | Econometric Modelling of Power Transmission Rates in the United Kingdom |
| Summary | The price, to create energy, is decreasing, however the energy bills are increasing at a fast rate across the globe. The energy costs can be divided into two parts: commodity costs and non-commodity costs. The commodity costs are the actual price of creating energy or the actual cost of the fuel consumed which is a tradable commodity – gas or electricity. Non-commodity costs are charges added to an energy bill which originate from the government and third parties such as distribution companies. By and large these non-commodity costs are used to cover the cost of system and network charges involved in the running of the distribution and transmission network. There are many types of non-commodity costs such as TNUoS (Transmission Network Use of System), DUoS (Distribution Use of System) Charges, BSUoS ( Balancing Services Use of System ), however this project is focusing on the TNUoS charges which covers the cost of using the transmission network. This cost or tariff as mentioned from the National Grid(transmission network operator in the UK) are paid by generators(those who produce electricity) and suppliers(those who distribute electricity). The TNUoS tariff is determined based on the location of the users and whether they are generators or suppliers. Moreover the businesses(mainly industrial/commercial) which are directly connected to the network are also liable to pay this tariff(those companies that need high-voltage electricity). The tariff, this project is focused on, is the supplier tariff which is also called demand tariff. The area of UK is divided into 14 demand zones(locations) and each of the demand zone pays different amounts. The demand tariff is also divided into 2 parts which are the following: • Half Hourly metered demand for users directly connected, mostly commercial/industrial users. • Non Half-Hourly demand is for small users, mostly domestic and small businesses The project will be about forecasting Half Hourly Zonal tariff. |
| Supervisor | Sergei Lychagin |
| Department | Economics MSc |
| Full text | https://www.etd.ceu.edu/2020/selmani_sebair.pdf |
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