Title :
A Game-Theoretic Approach to Study Strategic Interaction Between Transmission and Generation Expansion Planning
Author :
Ng, Simon K K ; Lee, C.W. ; Zhong, J.
Author_Institution :
Dept. of Electr. & Electron. Eng., Univ. of Hong Kong, Kowloon
Abstract :
A game-theoretic approach to study the strategic interaction between transmission expansion planning (TEP) and generation expansion planning (GEP) in a competitive electricity market is proposed. The proposed algorithm consists of three levels of optimization to determine a Nash equilibrium such that a dominant strategy can be found out in an expansion planning game.
Keywords :
game theory; power generation planning; power markets; power transmission planning; strategic planning; Nash equilibrium; electricity market; game theory; generation expansion planning; strategic interaction; transmission expansion planning; Capacity planning; Electricity supply industry; Game theory; Monopoly; Oligopoly; Power generation; Power system modeling; Power system planning; Power system reliability; Strategic planning; Deregulation; Game Theory; Generation Expansion Planning; Transmission Expansion Planning;
Conference_Titel :
Power Symposium, 2006. NAPS 2006. 38th North American
Conference_Location :
Carbondale, IL
Print_ISBN :
1-4244-0227-1
Electronic_ISBN :
1-4244-0228-X
DOI :
10.1109/NAPS.2006.360132
