(June 2012) South Carolina Electric & Gas gave Shaw Group and Westinghouse full notice to proceed on their contract for two new Westinghouse AP1000 nuclear power units and...
A Day in the Life of Transmission Congestion
A forecast for California on Aug. 16, 2006
entity). It is also clear that even in one utility's boundary, the variance in nodal prices can be quite high.
Figure 3 illustrates nodal prices at each bus using a price contour map. Different colors are assigned different price ranges. In this figure, blue signifies an area where nodal prices are $10/MWh or less and red signifies prices $50/MWh or more. The legend in Figure 3 provides the range of nodal prices assigned to each color. The four price snapshots assist in visualizing nodal prices throughout one day in August 2006.
- 1 a.m. : No congestion is present. The figure shows nodal prices at the beginning of the day (1 AM) at a homogenous low price. In this hour, no congestion is present. The green areas represent a transmission region where no bus pricing information is available.
- 7 a.m. : Congestion is present. Higher prices begin to develop in Northern California, while Southern California prices increase—albeit at a lower level—and a generation pocket in the Monterey, Calif., area results in much lower prices than other areas in California.
- 2 p.m. : Nodal prices increase throughout California; congestion remains. Color-differentiated congestion is present throughout the transmission network since the red shaded areas only signify higher prices and do not differentiate the congestion present within the red shaded areas.
- 12 p.m. : Nodal prices decrease throughout California. While congestion still remains, as evidenced by pricing in Northern California being higher than Southern California, nodal prices have decreased significantly from their peak-period prices.