Market-driven security-constrained transmission network expansion planning
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2011-05-31
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This paper presents a Bi-level Programming (BP) approach to solve the Transmission Network Expansion Planning (TNEP) problem. The proposed model is envisaged under a market environment and considers security constraints. The upper-level of the BP problem corresponds to the transmission planner which procures the minimization of the total investment and load shedding cost. This upper-level problem is constrained by a single lower-level optimization problem which models a market clearing mechanism that includes security constraints. Results on the Garver's 6-bus and IEEE 24-bus RTS test systems are presented and discussed. Finally, some conclusions are drawn. © 2011 IEEE.
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Bi-level programming, electricity market, security constraints, transmission network expansion planning, Load-shedding, Market clearing mechanisms, Market environment, Optimization problems, Security constraint, Test systems, Total investment, Commerce, Constrained optimization, Electric power transmission networks, Expansion, Investments, Planning, Network security
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2010 IEEE/PES Transmission and Distribution Conference and Exposition: Latin America, T and D-LA 2010, p. 427-433.