In present scenario the deregulated electricity market is well established in almost all the countries in the world. The main aim of this deregulated power system is to create the competition in electricity market and to reduce the customer prices. For that the entire system has been unbundled into many sub companies to compete each other. The main key issues (technical challenges) of the deregulated power system are Transmission Cost Allocation (TCA) Transmission Loss Allocation (TLA) Ancillary
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