Hybrid AC/DC Static Transmission Expansion Planning Using a New Efficient Iterated Greedy Algorithm
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status: published
status: published
status: published
Published in Philosophical transactions. Series A, Mathematical, physical, and engineering sciences
We apply the JuDGE optimization package to a multistage stochastic leader-follower model that determines a transmission capacity expansion plan to maximize expected social welfare of consumers and producers who act as Cournot oligopolists in each time period. The problem is formulated as a large-scale mixed integer programme and applied to a 5-bus ...
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The aim of Transmission Expansion Planning (TEP) studies is to decide which, where, and when new grid elements should be built in order to minimize the total system cost. The lumpiness of the investment decisions, together with the large size of the problem, make the problem very hard to solve. Consequently, methods should be put in place to reduce...
The aim of Transmission Expansion Planning (TEP) studies is to decide which, where, and when new grid elements should be built in order to minimize the total system cost. The lumpiness of the investment decisions, together with the large size of the problem, make the problem very hard to solve. Consequently, methods should be put in place to reduce...
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