A Framework for Transmission Expansion Planning: A Complex Problem Clouded by Uncertainty

作者: Constantin Velasquez , David Watts , Hugh Rudnick , Cristian Bustos

DOI: 10.1109/MPE.2016.2547278

关键词: ElectricityTransmission (telecommunications)Robustness (economics)Electric power systemRisk analysis (engineering)Service (economics)Actuarial scienceInvestment (macroeconomics)Electricity marketComputer scienceCompetition (economics)

摘要: Transmission Expansion Planning (TEP), a complex problem that is vital to ensure the proper functioning of restructured electricity markets, clouded by uncertainties. Timely and cost-effective transmission expansion necessary for providing secure reliable service customers, enhancing competition, ensuring market efficiency in markets. Given irreversibility long lifetimes investments, TEP requires addressing uncertainties on future system conditions several years ahead. Because these fundamental properties transmission, importance developing tools models assist power planning under uncertainty has been recognized. As any decision made before revealed, allows hedging against risks caused outcomes decisions taken uncertainty.

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