Loss allocation of radial distribution system using Shapley value: A sequential approach

This paper presents a new method to allocate the power loss in a radial distribution system to loads and distributed generations (DGs). Integration of DGs has increased the importance of loss allocation because it alters the total power losses. The proposed method calculates the loss allocation in sequential manner using Shapley value method specifically for radial distribution system. The losses allocated by using proposed method are same as obtained from the conventional Shapley value method which satisfy the axioms of fairness. An important virtue of proposed method is that it reduces the memory and computational burden as well as ensures the fair allocation and recovery of total complex losses. The results are discussed and illustrated on different test systems.