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In this paper, a generation expansion planning model and a transmission expansion planning model are proposed to inform investment decisions from the perspectives of generation companies and ISOs, respectively. Interactions between large-scale wind integration and transmission system planning are analyzed, and a new computational procedure of system expansion planning that coordinates generation and...
This paper presents a market-based transmission expansion planning model and compares it with a traditional reliability-based transmission planning model. Reliability-based transmission planning tries to install new lines at minimal cost while fulfilling system reliability criteria. Market-based transmission planning, on the other hand, seeks investment opportunities so that network expansions can...
This paper presents a market-based transmission expansion planning model, which seeks to find investment opportunities that will bring more economic benefits than the costs. Benders decomposition method is used to decompose the whole planning problem into a master problem, which makes investment decisions, and a slave problem, which simulates the operation of the electric market. Uncertainties appearing...
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