Grid expansion planning considering probabilistic production and congestion costs based on nodal effective load model

Author

Park, Jeongje ; Oh, Taegon ; Choi, Jaeseok ; Jeon, Donghun ; El-Keib, A.A. ; Shahidehpour, Mohammad

Author_Institution

Dept. of Electr. Eng., Gyeongsang Nat. Univ., Jinju, South Korea

fYear

2010

fDate

25-29 July 2010

Firstpage

1

Lastpage

8

Abstract

This paper describes an alternative method for grid expansion planning considering construction cost, probabilistic production cost, congestion cost and outage cost of a grid at a composite power system derived from a simulation model. In this paper, a heuristic scenario method is proposed to choose the least cost solution (scenario) among various scenarios considering candidate new lines. The characteristics and effectiveness of this simulation model are illustrated by the several case studies on a 21-bus test system.

Keywords

load (electric); power grids; power system economics; power system planning; power system simulation; probability; composite power system; congestion costs; grid expansion planning; heuristic scenario method; least cost solution; nodal effective load model; probabilistic production; Nodal probabilistic production cost; grid congestion cost assessment; nodal effective load; nodal reliability evaluation;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting, 2010 IEEE

Conference_Location

Minneapolis, MN

ISSN

1944-9925

Print_ISBN

978-1-4244-6549-1

Electronic_ISBN

1944-9925

Type

conf

DOI

10.1109/PES.2010.5589917

Filename

5589917