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Transmission expansion planning (TEP) has faced a significant change since the deregulation of power systems. In the past decade, transmission investment has slowed down due to the increased conflicting objectives and uncertainties. In this paper, transmission investment is proposed to be open to public with merchant and regulated transmission investment pattern in either risk-free or risky investing...
Transmission expansion planning (TEP) has faced a significant change since the deregulation of power systems. It becomes even more complicated due to the conflicting objectives and uncertainties which have been exposed by the power industry restructuring. In this paper, a value-based transmission expansion planning algorithm is proposed. The algorithm makes use of the probability density functions...
A game-theoretic approach to study the strategic interaction between transmission expansion planning (TEP) and generation expansion planning (GEP) in a competitive electricity market is proposed. The proposed algorithm consists of three levels of optimization to determine a Nash equilibrium such that a dominant strategy can be found out in an expansion planning game.
This paper addresses the problem of reactive power procurement by an independent system operator (ISO) in deregulated electricity markets. A reactive bid structure is proposed in the context of a reactive power market. Based on the reactive power price offers and technical constraints involved in reactive power planning, a two-tier approach is developed to determine the most beneficial reactive power...
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