Output details
13 - Electrical and Electronic Engineering, Metallurgy and Materials
University of Bath
Charging for network security based on long-run incremental cost pricing
The new methodology presented is a key output of the author's EPSRC Advanced Research Fellowship. It has been endorsed as an industrial standard by industrial regulator Ofgem and is now adopted by Western Power Distribution, UK Power Networks, Electricity North West Northern Electricity Grid, representing 80% of the UK electricity customer base. The author has been invited to Germany, Demark, Brazil and India to discuss implementing this methodology in their electricity markets. The work received the Rushlight Award for Power Generation and Transmission 2009 and been shortlisted for Outsanding Contribution to Technology and Innovation by the Times Higher Education Supplement.