Optimal long term transmission expansion planning based on maximum principle

Author

Kim, Kern J. ; Park, Young M. ; Lee, Khuan Y.

Author_Institution

Dept. of Electr. Eng., Choong-Nam Nat. Univ., Daejon, South Korea

Volume

3

Issue

4

fYear

1988

fDate

11/1/1988 12:00:00 AM

Firstpage

1494

Lastpage

1501

Abstract

The authors propose an algorithm for long-term transmission expansion planning. The algorithm is based on the linear power flow and failure probabilities for the operation cost model, and the maximum principle for the long-term investment model. The optimization problem consists of the long-term problem to determine the annual investment, and the yearly problem to determine the optimal operation. The long-term problem is formulated as a Hamiltonian minimization problem and the yearly problem is formulated as a linear programming problem

Keywords

economics; linear programming; load flow; minimisation; power system planning; Hamiltonian minimization problem; algorithm; failure probabilities; linear power flow; linear programming problem; long-term investment model; long-term transmission expansion planning; maximum principle; operation cost model; optimization problem; yearly problem; Costs; Load flow; Nuclear power generation; Power generation economics; Power system analysis computing; Power system economics; Power system modeling; Power system planning; Power system reliability; Power system stability;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.192958

Filename

192958