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In electric power transmission, wheeling is the transmission of power from one system to another through the third-party interconnecting network. [ 1 ] [ 2 ] [ 3 ] The wheeling provider, or utility, receives compensation for the service and for electricity losses incurred in the transmission.
Electrical energy must typically be generated at the same rate at which it is consumed. A sophisticated control system is required to ensure that power generation closely matches demand. If demand exceeds supply, the imbalance can cause generation plant(s) and transmission equipment to automatically disconnect or shut down to prevent damage.
Electric power transmission, the tools and means of moving electricity far from where it is generated, date back to the late 19th century. They include the movement of electricity in bulk (formally called "transmission") and the delivery of electricity to individual customers ("distribution"). In the beginning, the two terms were used ...
Another method of producing power to the grid is through virtual net metering (also called peer-to-peer (P2P) energy trading, wheeling and sometimes local energy trading). [62] Peer-to-peer energy trading is a novel paradigm of power system operation, where sellers can generate their own energy in dwellings, offices and factories, and share it ...
Electrical power transmission has replaced mechanical power transmission in all but the very shortest distances. From the 16th century through the Industrial Revolution to the end of the 19th century, mechanical power transmission was the norm.
The wheeling charge is an additional premium charged to the customer akin to a mark-up on the cost of power acquired by the distribution utility. The wheeling charge follows the principle of reasonable return on base (RORB) which allows the distribution utility to operate viably as determined by the ERC.
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Plug-in electric vehicles have the potential to be utilized to provide ancillary services to the grid, specifically load regulation and spinning reserves. Plug-in electric vehicles can behave like distributed energy storage and have the potential to discharge power back to the grid through bidirectional flow, referred to as vehicle-to-grid (V2G ...