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The aim of this paper is to make a novel method for calculating the investment cost of Transmission services. It should be noted that some considerations such as used capacity, profits of reliability and profits of decreasing congestion-the money allocated to transmission services- are also taken into account. The proposed method is tested on an 8 bus test system. All simulations are done in MATLAB environment, and MATPOWER is used for Power Flow Analysis. In order to verify the proposed method, the optimal results are compared with the pervious techniques. Therefore, the proposed technique in the paper has important effects on investment on transmission network by improving the profits of reliability and decreasing congestion. Furthermore, simulations show that increasing maximum acceptable level of current will decrease the profit of decreasing congestion. [ABSTRACT FROM AUTHOR]

Any plan for modeling the components of transmission service costs should be able to consider congestion as well as loss cost. Assessing the real value of congestion and loss costs in each network has a substantial contribution to analyze the grid's weaknesses in order to release capacity of power network. As much as the amount of congestion and loss costs in the transmission grid reduces the amount of power passing through transmission lines increases. Therefore, the transmission service cost will be optimized and revenues of the regional electricity company from transmission services will be increased. In this paper, a new power flow algorithm with congestion and loss considerations of a power network is presented. Thus, optimal power flow and a multi-objectives optimization algorithm, called NSGA-II, is used in this work. The real data of Khuzestan regional power grid is implemented to confirm the efficiency of proposed method. [ABSTRACT FROM AUTHOR]