Title :
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
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;
Conference_Titel :
Power and Energy Society General Meeting, 2010 IEEE
Conference_Location :
Minneapolis, MN
Print_ISBN :
978-1-4244-6549-1
Electronic_ISBN :
1944-9925
DOI :
10.1109/PES.2010.5589917
