Work

A Three-Level Static MILP Model for Generation and Transmission Expansion Planning

Year: 2012

Type: article

Abstract: We present a three-level equilibrium model for the expansion of an electric network. The lower-level model represents the equilibrium of a pool-based market; the intermediate level represents the Nash equilibrium in generation capacity expansion, taking into account the outcomes on the spot market; and the upper-level model represents the anticipation of transmission expansion planning to the investment in generation capacity and the pool-based market equilibrium. The demand has been considered as exogenous and locational marginal prices are obtained as endogenous variables of the model. The three-level model is formulated as a mixed integer linear programming (MILP) problem. The model is applied to a realistic power system in Chile to illustrate the methodology and proper conclusions are reached.

Source: IEEE Transactions on Power Systems

DOI: 10.1109/tpwrs.2012.2204073

Authors: David Pozo, Enzo E. Sauma, Javier Contreras

Institutions: University of Castilla-La Mancha, Pontificia Universidad Católica de Chile

Language: English

Topic: Electric Power System Optimization

Subfield: Electrical and Electronic Engineering

Field: Engineering

Domain: Physical Sciences

SDGs: Industry, innovation and infrastructure, Affordable and clean energy

Open Access status: green

OpenAlex ID: W2132448739

FWCI: 9.562

Cites: 20

Cited by: 257

Related to: 10