Title : ( Coordinated Decisions for Transmission and Generation Expansion Planning in Electricity Markets )
Authors: Maziar Mirhosseini Moghaddam , Mohammad Hossein Javidi Dasht Bayaz , Mohsen Parsa Moghaddam , Majid Oloomi Buygi ,
Full TextAbstract
This paper presents a novel model to coordinate decisions of transmission and generation capacity expansion planning in a competitive market in which only the generation sector is deregulated. The Independent System Operator (ISO) as transmission planner has a regulatory role on strategic behavior of Generation Companies (GenCos). To reach coordinated decisions, the model relies on an interactive and iterative process between Generation Expansion Planning (GEP) and Transmission Expansion Planning (TEP). This repetitive process continues until reaching a converging point or fulfilling the stopping criteria of the ISO. In order to consider random outages of network components as well as uncertainty of load and bid prices of generating units, the Monte Carlo simulation method is applied. The simulation results confirm the efficacy of the proposed model in the coordinated generation and transmission planning problem considering the uncertainties.
Keywords
Competitive electricity market; Coordinated decisions between Generation and Transmission planning; Mixed integer programming; Monte Carlo simulation; Random outages and uncertainty; System reliability.
@article{paperid:1033969,
author = {Maziar Mirhosseini Moghaddam and Javidi Dasht Bayaz, Mohammad Hossein and Mohsen Parsa Moghaddam and Oloomi Buygi, Majid},
title = {Coordinated Decisions for Transmission and Generation Expansion Planning in Electricity Markets},
journal = {International Transactions on Electrical Energy Systems},
year = {2013},
volume = {23},
number = {4},
month = {July},
issn = {2050-7038},
pages = {1452--1467},
numpages = {15},
keywords = {Competitive electricity market; Coordinated decisions between Generation and Transmission planning; Mixed integer programming; Monte Carlo simulation; Random outages and uncertainty; System reliability.},
}
%0 Journal Article
%T Coordinated Decisions for Transmission and Generation Expansion Planning in Electricity Markets
%A Maziar Mirhosseini Moghaddam
%A Javidi Dasht Bayaz, Mohammad Hossein
%A Mohsen Parsa Moghaddam
%A Oloomi Buygi, Majid
%J International Transactions on Electrical Energy Systems
%@ 2050-7038
%D 2013
