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    A Market-Based Heuristic Algorithm for the Expansion Planning of the High Voltage Transmission Systems

    Access Status
    Fulltext not available
    Authors
    Hesamzadeh, M.
    Hosseinzadeh, N.
    Wolfs, Peter
    Date
    2008
    Type
    Journal Article
    
    Metadata
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    Citation
    Hesamzadeh, M.R. and Hosseinzadeh, N. and Wolfs, P.J. 2008. A Market-Based Heuristic Algorithm for the Expansion Planning of the High Voltage Transmission Systems. International Review of Electrical Engineers. 3 (2): pp. 233-242.
    Source Title
    International Review of Electrical Engineers
    ISSN
    1827-6660
    Faculty
    Department of Electrical and Computer Engineering
    School of Engineering
    Faculty of Science and Engineering
    URI
    http://hdl.handle.net/20.500.11937/41461
    Collection
    • Curtin Research Publications
    Abstract

    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.

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