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A market-based heuristic algorithm for the expansion planning of the high voltage transmission systems
Central Queensland University, Rockhampton, QLD, Australia .
2008 (English)In: International Review of Electrical Engineering, ISSN 1827-6660, ISSN 1827-6660, Vol. 3, no 2, 233-241 p.Article in journal (Refereed) Published
Abstract [en]

The worldwide trend for the restructuring of electric industry has caused dramatic changes in operation and planning procedures of the power system. Under the restructured electricity market environment, identifying a minimum-cost plan under particular constraints is not sufficient anymore and other aspects such as market efficiency and environmental concerns are of equal importance. In this context, network augmentation plays a vital role in providing a full competitive environment for market players. This paper presents a novel forward heuristic algorithm to select the most effective expansion options based on a set of market-based and reliability-based sensitivity indices. These indices are used for multi-evaluation of each transmission option from the viewpoint of electricity market and reliability criteria. The proposed method has been applied on a 6-bus test system for verifying its effectiveness.

Place, publisher, year, edition, pages
2008. Vol. 3, no 2, 233-241 p.
Keyword [en]
Electricity market, Heuristic optimization technique, Transmission expansion planning
National Category
Electrical Engineering, Electronic Engineering, Information Engineering
URN: urn:nbn:se:kth:diva-79319ISI: 000256494400003ScopusID: 2-s2.0-65849366518OAI: diva2:495303

QC 20120217

Available from: 2012-02-08 Created: 2012-02-08 Last updated: 2014-04-08Bibliographically approved

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Hesamzadeh, Mohammad
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