Title :
Economically adapted transmission systems in open access schemes-application of genetic algorithms
Author :
Rudnick, Hugh ; Palma, Rodrigo ; Cura, Eliana ; Silva, Carlos
Author_Institution :
Dept. de Ingenieria Electr., Pontificia Univ. Catolica de Chile, Santiago, Chile
fDate :
8/1/1996 12:00:00 AM
Abstract :
A dynamic transmission planning methodology using a genetic algorithm is formulated for the purpose of determining an economically adapted electric transmission system in a deregulated open access environment. Transmission investment sensitivity information linked to short term marginal income is used. A computer program is developed and applied to obtain a long range adapted transmission grid for the Chilean electrical system. Two open access pricing methodologies are evaluated in a spot price framework, as applied to the adapted grid over the time horizon
Keywords :
costing; economics; genetic algorithms; investment; power system planning; power transmission; Chilean electrical system; deregulated open access environment; dynamic transmission planning; economically adapted transmission systems; genetic algorithms; marginal cost; open access pricing; open access schemes; spot price framework; transmission cost allocation; transmission expansion; transmission investment sensitivity information; Costs; Environmental economics; Genetic algorithms; Grid computing; Investments; Power generation; Power generation economics; Power system interconnection; Power system planning; Pricing;
Journal_Title :
Power Systems, IEEE Transactions on
