In this paper a new market Based approach for transmission expansion planning in deregulated power systems is presented. Restructuring and deregulation has exposed transmission planner to new objectives and uncertainties. Therefore, new criteria and approaches are needed for transmission planning in deregulated environments. In this paper we introduced a new method for computing the Locational ...

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...

We propose a TransCo model for coordinating transmission expansion planning with competitive generation capacity planning in electricity markets. Our purpose is to provide a tool to simulate the equilibrium interplay regarding strategic decisions of a set of power producers and a single transmission operator. The solution represents an iterative process for defining the optimal transmission exp...

Wind and solar generators differ from conventional generators in their generation characteristics. The variable output and imperfect predictability of these generators face a stochastic approach to plan and operate the power system without fundamentally changing the operation and planning problems. This paper overviews stochastic modeling challenges in operations, generation planning, and trans...

Exeoutive Summary Modern computation tools, such as the Optimal Power Flow (OPF) and Automatic Contingency Analysis (ACA), reduce significantly the time required to develop reliable and economical transmission plans. The traditional use of multiple power flows for planning large power systems with complex interconnections is very labor intensive and time consuming and limits the number of optio...

The trend towards decentralization of electricity production, the rising share of stochastic generators and more stringent consumer needs govern the planning of future networks. A widely discussed concept is that of integrated planning of chemical and electrical power systems. The “vision of future energy networks” project goes one step further and proposes a common infrastructure for both gas ...

This paper presents an algorithm for the microgrid planning as an alternative to the co-optimization of generation and transmission expansion planning in electric power systems. The integration of microgrids in distribution systems will offer a decentralized control of local resources for satisfying the network reliability and the power quality required by local loads. The objective in this pap...

The paper presents a modeling framework to analyze some important issues associated with operation planning of a power system. Major activities involved in operations planning of large integrated power systems are considered simultaneously to ensure optimal utilization of generation and transmission capacity. The model also examines optimal transmission expansion plans vis-aÁ -vis fuel supply i...

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...