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    A Multi-Criteria Decision Framework for Optimal Augmentation of Transmission Grid - Addressing a Tool for Sensitive Zone Detection in Electricity Market

    134385_16223_multi-criteria.pdf (352.3Kb)
    Access Status
    Open access
    Authors
    Hesamzadeh, M.
    Hosseinzadeh, N.
    Wolfs, Peter
    Date
    2008
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Hesamzadeh, Mohammad R. and Hosseinzadeh, Nasser and Wolfs, Peter. 2008. A Multi-Criteria Decision Framework for Optimal Augmentation of Transmission Grid - Addressing a Tool for Sensitive Zone Detection in Electricity Market. International Journal of Emerging Electric Power Systems. 9 (4): pp. 1-16.
    Source Title
    International Journal of Emerging Electric Power Systems
    DOI
    10.2202/1553-779X.1951
    ISSN
    1553779X
    Faculty
    Department of Electrical and Computer Engineering
    School of Engineering
    Faculty of Science and Engineering
    Remarks

    The Berkeley Electronic Press © 2008

    URI
    http://hdl.handle.net/20.500.11937/12426
    Collection
    • Curtin Research Publications
    Abstract

    Transmission system structure has an essential effect on the reliability of the power system and electricity market performance, especially when producers bid strategically. As part of on-going research on the design of a robust algorithm for expansion planning of the transmission grid in the Australian electricity market, this paper presents a framework which addresses: (1) the security of power delivery to the load points of the transmission system in case of single line outages; (2) the minimization of transmission system lost load; (3) an efficient electricity market for market participants; (4) construction and maintenance costs of transmission augmentation options; and (5) operation efficiency of the transmission grid.The suggested algorithm benefits from the dynamic programming and sensitivity analysis approaches along with the aggregation method in its multi-criteria decision-making to locate the optimum configuration of a future transmission system. A set of indices, which account for impacts of the augmentation options of the transmission grid on five aforementioned reliability and market criteria, are proposed and used in the optimum framework for expansion planning of the transmission grid. Although the methodology is promising for expansion planning of the transmission system, considering the sensitivity analysis concept employed, the proposed methodology would be suitable to detect the sensitive areas of the transmission system to be expanded. The tool would be very useful in the case of large scale power systems for a smart reduction of the transmission expansion options. The proposed methodology has been applied to a 6-bus and a modified IEEE 30-bus test system to show the effectiveness of the sensitivity-based algorithm.

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