A Market-Based Heuristic Algorithm for the Expansion Planning of the High Voltage Transmission Systems
MetadataShow full item record
The worldwide trend for the restructuring of electric industry has caused dramatic changes in operation and planning procedures of the power system. Under the restructured electricity market environment, identifying a minimum-cost plan under particular constraints is not sufficient anymore and other aspects such as market efficiency and environmental concerns are of equal importance. In this context, network augmentation plays a vital role in providing a full competitive environment for market players. This paper presents a novel forward heuristic algorithm to select the most effective expansion options based on a set of market-based and reliability-based sensitivity indices. These indices are used for multi-evaluation of each transmission option from the view point of electricity market and reliability criteria. The proposed method has been applied on a 6-bus test system for verifying its effectiveness.
Showing items related by title, author, creator and subject.
Economic assessment of transmission expansion projects in competitive electricity markets - an analytical reviewHesamzadeh, M.; Hosseinzadeh, N.; Wolfs, Peter (2008)Restructuring of the electricity market has changed many aspects of the transmission system operation and planning. Reliability-Driven and Economic-Driven transmission expansion planning by regulated and private utilities ...
Security constrained augmentation for transmission system considering preferences of market players on expansion optionsHesamzadeh, M.; Hosseinzadeh, N.; Wolfs, Peter (2007)This paper presents a new approach for transmission expansion planning in unbundled electricity industry. The approach considers the power market and technical criteria for selecting the most effective expansion options. ...
A Multi-Criteria Decision Framework for Optimal Augmentation of Transmission Grid - Addressing a Tool for Sensitive Zone Detection in Electricity MarketHesamzadeh, M.; Hosseinzadeh, N.; Wolfs, Peter (2008)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 ...