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This paper presents the application of bi-level programming to determine the profit maximization for transmission investor in deregulated power markets. We consider a deregulated market comprising merchant transmission investors responsible for transmission expansion and a central market operator responsible for market clearing. The problem is solved using two levels of optimization: Upper level problem,...
This paper proposes a method to determine the optimum Battery Energy Storage System (BESS) size, considering how the location of BESS affects the micro-grid and analysis of power loss for the consideration of different locations of BESS. The possibility of installing an optimum BESS as the distributed BESS at different locations is proposed. Artificial neural network (ANN) was established to evaluate...
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