Title :
Deregulation, privatization, and competition: transmission planning under uncertainty
Author :
De la Torre, Teófilo ; Feltes, James W. ; Román, Tomás Gómez San ; Merrill, Hyde M.
Author_Institution :
SIEPAC, San Jose, Costa Rica
fDate :
5/1/1999 12:00:00 AM
Abstract :
Competitive markets expose transmission planners to new uncertainties. These are handled using a decision-analysis approach whose key contribution is quantifying and minimizing risk. The method is applied using existing and generally-available software tools. The result is transmission plan which is robust in the face of uncertainties. A study of a major proposed Central-American interconnection illustrates the problem and the method
Keywords :
electricity supply industry; power system interconnection; power transmission planning; uncertainty handling; Central-American interconnection; competitive power markets; decision making; decision-analysis; deregulation; privatization; risk minimisation; robustness; software tools; transmission plan; transmission planning; uncertainty; Business; Fuzzy sets; IEEE members; Power generation; Power system analysis computing; Power system economics; Power system planning; Privatization; Robustness; Uncertainty;
Journal_Title :
Power Systems, IEEE Transactions on
