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Market-Based Transmission Expansion Planning
Laboratory of Development of Electric Power Systems, Energy Systems Institute, Irkutsk, Russia
Laboratory of Development of Electric Power Systems, Energy Systems Institute, Irkutsk, Russia
- 1 Laboratory of Development of Electric Power Systems, Energy Systems Institute, Irkutsk, Russia
- 2 Laboratory of Development of Electric Power Systems, Energy Systems Institute, Irkutsk, Russia
Energy and Power Engineering·Volume 04 (2012)·Pages 387–391·Published 22 November 2012·DOI10.4236/epe.2012.46051
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Abstract
The paper presents the main features of transmission expansion problem (TEP). In accord with review the aims and influencing factors are defined. The competitive behaviors of market participants, transmission losses, discrete investment costs, various operating conditions are considered in the model. The model is a mixed-integer linear programming formulation for a static TEP in the competitive environment. The presented methodology is applied to six-node system. In order to point out efficiency of the model the results obtained are compared with traditional problem solution.
KeywordsElectricity Market ModelingLong-Term Transmission PlanningSocial Welfare
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