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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...
The contribution of this paper focuses on the development of a security-based methodology for the solution of short-term SCUC when considering the impact of natural gas transmission system. The proposed methodology examines the interdependency of electricity and natural gas in a highly complex transmission system. The natural gas transmission system is modeled as a set of nonlinear equations. The...
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