Using Node 5-System discussed in class. Using the 5-node system discussed in cla

Question

Using Node 5-System discussed in class.

Using the 5-node system discussed in class, take the base case of constrained dispatch with losses shown below. What is the total revenue collected by the RTO? User 1 has bought an FTR for 100 MW between nodes 2 (source) and 1 (sink). What is the revenue collected for congestion by User 1? User 3 has bought an FTR for 100 MW between nodes 1 (source) and 3 (sink). What is the revenue collected for congestion by User 3? What is the net payment by User 3 to the RTO? User 5 has bought an FTR for 100 MW between nodes 1 (source) and 5 (sink). What is the revenue collected for congestion by User 5? User 5 has bought an FTR for 100 MW between nodes 4 (source) and 5 (sink). What is the net payment by User 5 to the RTO?

Explanation / Answer

A= witnessed a 33% drop in revenue collection

B= 2

C= 100

D= 100

E= 9

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