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dc.contributor.authorHezamzadeh, M.
dc.contributor.authorHosseinzadeh, N.
dc.contributor.authorWolfs, Peter
dc.contributor.editorUnknown
dc.date.accessioned2017-01-30T11:49:34Z
dc.date.available2017-01-30T11:49:34Z
dc.date.created2010-04-19T20:03:06Z
dc.date.issued2008
dc.identifier.citationHezamzadeh, M. and Hosseinzadeh, N. and Wolfs, Peter. 2008. Derivation of a new mathematical framework for transmission system augmentation using von Stackelberg game, in Unknown (ed), Universities Power Engineering Conference, Sep 1 2008, pp. 1-6. Padova, Italy: IEEE.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/15391
dc.description.abstract

The market-based augmentation of the high voltage transmission systems as a legacy of the previous regulated regimes has been a challenging issue for the central transmission entities. The economic assessment framework for transmission upgrades or expansion projects, considering the interaction of the central transmission entity (CTE) with the electricity market management (MMC) company both as independent players needs to be addressed appropriately at least in the National Electricity Market, Australia. To assist in bridging this gap, this paper introduces a novel metric, namely, the L-Shape Area, for the economic assessment of the transmission expansion options. The proposed methodology employs a von Stackelberg game for the interaction modelling of the central transmission entity and the market management company. The upper subproblem minimises the objective of the CTE as the leader player and the lower subproblem solves the security-constrained economic dispatch as the follower subproblem. The bi-level programming problem has been solved by applying the Kuhn-Tucker optimality conditions to the follower subproblem and the use of a gradient search method to solve the resultant single level non-linear programming problem. A modified IEEE 14-bus test system has been used to show the effectiveness of the proposed formulation.

dc.publisherIEEE
dc.subjectvon Stackelberg Game
dc.subjectHigh Voltage Transmission System
dc.subjectMarket-Based Augmentation
dc.titleDerivation of a new mathematical framework for transmission system augmentation using von Stackelberg game
dc.typeConference Paper
dcterms.source.startPage1
dcterms.source.endPage6
dcterms.source.titleUniversities Power Engineering Conference, 2008. UPEC 2008. 43rd International
dcterms.source.seriesUniversities Power Engineering Conference, 2008. UPEC 2008. 43rd International
dcterms.source.isbn978-88-89884-09-6
dcterms.source.conferenceUniversities Power Engineering Conference
dcterms.source.conference-start-dateSep 1 2008
dcterms.source.conferencelocationPadova, Italy
dcterms.source.placeUSA
curtin.note

Copyright © 2008 IEEE This material is presented to ensure timely dissemination of scholarly and technical work. Copyright and all rights therein are retained by authors or by other copyright holders. All persons copying this information are expected to adhere to the terms and constraints invoked by each author's copyright. In most cases, these works may not be reposted without the explicit permission of the copyright holder.

curtin.note

Copyright © 2008 IEEE This material is presented to ensure timely dissemination of scholarly and technical work. Copyright and all rights therein are retained by authors or by other copyright holders. All persons copying this information are expected to adhere to the terms and constraints invoked by each author's copyright. In most cases, these works may not be reposted without the explicit permission of the copyright holder.

curtin.accessStatusOpen access
curtin.facultyDepartment of Electrical and Computer Engineering
curtin.facultySchool of Engineering
curtin.facultyFaculty of Science and Engineering


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