Fossil fuel-firing power plants dominate electric power generation in Taiwan, which are also the major contributor to Green House gases (GHG). CO2 is the most important greenhouse gas that cause global warming. This paper penetrates the relationship between carbon trading for GHG reduction and power generation expansion planning (GEP) problem for the electrical utility. The Particle Swarm Optim...

A new market based approach for transmission expansion planning in deregulated environments is presented in this paper. In this approach, transmission-planning decisions are made based on the electric power market conditions. The main contribution of this research is 1) Introducing a new probabilistic tool for analyzing the electric market conditions, 2) Defining new criteria for ranking transm...

Although significant private investment is absorbed in different sectors of power systems, transmission sector is still suffering from appropriate private investment. This is because of the pricing policies of transmission services, tariffs, and especially for investment risks. Investment risks are due to the uncertain behaviour of power systems that discourage investors to invest in the transm...

Decentralized planning mode of power generation and power transmission is facing enormous challenges at present, and all kinds of uncertainties that impact on the planning have become increasingly evident. To solve the two coordinated planning and development issues is imminent, proposing a coordinated planning model of generation and transmission to improve system stability and flexibility and...

In recent years the expansion planning problem has become increasingly complex. As expansion planning (sometimes called composite or integrated resource planning) is a non-linear and nonconvex optimization problem, researchers have traditionally focused on approximate models of power flows to solve the problem. The problem has also been split into generation expansion planning (GEP) and transmi...

This paper presents an application of Benders decomposition to deal with the complexities in the simultaneous Generation Expansion Planning (GEP) and Transmission Expansion Planning (TEP). Unlike the power system operation fields of study, the power system planning methods are not expected to be fast. However, it is always preferable to speed up computations to provide more analysis options for...

This paper proposes a tabu search based method for optimal allocation of FACTS in distribution systems. Distributed generation is wildly spread to smooth operation and planning in power systems so that wind power generation units are connected to distribution systems. Although they contribute to the improvement of operation and planning in distribution systems, they often bring about difficulti...

Reactive power as a utility of ancillary service in restructured environment is supplied by Independent System Operator (ISO). Due to the particular importance of optimal pricing strategy in the power market, the study aims to investigate this problem more closely. To this end, first the problems of restructuring, reactive power generation and its associated costs thereof were reviewed and diff...