A forward heuristic procedure for transmission planning in restructured electricity market
2007 (English)In: Proceedings of the 2007 International Conference on Power Systems (ICPS), Bangalore, 2007, 1-8 p.Conference paper (Refereed)
The worldwide trend for restructuring of electric industry including generation, transmission, and distribution sectors has caused dramatic changes in operation and planning procedures of the power system. Under restructured electricity market environment, identifying a minimum-cost plan under particular constraints is not sufficient any more; other aspects such as market efficiency and environmental concerns are of equal importance as the cost minimisation objective along with more uncertainties. 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 sensitivity indices which takes in to account the construction cost and market efficiency. The proposed method has been applied on a 6- bus test system for verifying its effectiveness.
Place, publisher, year, edition, pages
Bangalore, 2007. 1-8 p.
Electric power systems, Electric utilities, Electrical engineering, Electrical power, Electricity market, Electricity transmission, Energy systems analysis, Heuristic optimisation technique, Transmission expansion planning
Electrical Engineering, Electronic Engineering, Information Engineering
IdentifiersURN: urn:nbn:se:kth:diva-100460OAI: oai:DiVA.org:kth-100460DiVA: diva2:543484
International Conference on Power Systems (ICPS 2007), Bangalore, India, 12-14 December 2007
QC 201209202012-08-082012-08-082012-09-20Bibliographically approved