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Many of the most commonly used generation planning models have been formulated in a way that neglects the chronological sequence of demand and the mixed-integer nature of generating units. The generator schedules assumed by these models are inaccurate and become increasingly divorced from real schedules with increasing variability. This paper seeks to characterize and quantify the limitations of these...
The article estimates the costs of plug-in electric vehicles (EVs) in a future power system as well as the benefits from smart charging and discharging EVs (smart EVs). To arrive in a good estimate, a generation planning model was used to create power plant portfolios, which were operated in a more detailed unit commitment and dispatch model. In both models the charging and discharging of EVs is optimised...
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