• DocumentCode
    1024205
  • Title

    Conflicting objectives and risk in power system planning

  • Author

    Crousillat, Enrique O. ; Dörfner, Péter ; Alvarado, Pablo ; Merrill, Hyde M.

  • Author_Institution
    World Bank, Washington, DC, USA
  • Volume
    8
  • Issue
    3
  • fYear
    1993
  • fDate
    8/1/1993 12:00:00 AM
  • Firstpage
    887
  • Lastpage
    893
  • Abstract
    Planning in the 1990s must deal with a wide range of options, with conflicting objectives, and with uncertainty. Types of conflict among planning objectives are illustrated and categorized. Risk is distinguished from uncertainty and both are qualified. Hedging to reduce risk is demonstrated. Real examples are drawn from major recent planning studies
  • Keywords
    power system planning; risk management; conflicting objectives; power system planning; risk reduction; uncertainty; Cost function; IEEE members; Power engineering and energy; Power system analysis computing; Power system planning; Robustness; Samarium; Systems engineering and theory; USA Councils; Uncertainty;
  • fLanguage
    English
  • Journal_Title
    Power Systems, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0885-8950
  • Type

    jour

  • DOI
    10.1109/59.260914
  • Filename
    260914