Congestion-based model for transmission expansion planning

Author

Wei, Ping ; Fu, Rong ; Lu, Y.P. ; Wang, Qiu L. ; Wang, L. ; Li, Y. ; Tang, G.Q.

Author_Institution

Dept. of Electr. Eng., Southeast Univ., Nanjing

fYear

0

fDate

0-0 0

Abstract

In a competitive power market, it is important to expand or strengthen transmission system in order to provide a fair environment to all market participants. In this paper, a new congestion indicator is defined in form of Lerner index to quantify the overall network inadequacy. With this congestion index, a transmission expansion planning model in the LMP-based market is constructed. The objective function of the model takes the congestion revenue into account to reimburse the network expansion investments as a reward. The test results on the IEEE 24-bus example system show that the proposed model is more realistic for the transmission expansion planning in the market environment and hence the supervision on the network adequacy is very necessary

Keywords

investment; power markets; power transmission economics; power transmission planning; pricing; IEEE 24-bus example system; LMP-based market; Lerner index; competitive power market; congestion index; congestion indicator; congestion-based model; network expansion investments; overall network inadequacy; transmission expansion planning; Electricity supply industry deregulation; Electronic mail; Investments; Load flow; Power generation; Power markets; Power system modeling; Power system planning; Power system simulation; System testing; LMP; Network expansion planning; congestion index; congestion revenue; network adequacy;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Engineering Society General Meeting, 2006. IEEE

Conference_Location

Montreal, Que.

Print_ISBN

1-4244-0493-2

Type

conf

DOI

10.1109/PES.2006.1709161

Filename

1709161