A Transmission Planning Framework Considering Future Generation Expansions in Electricity Markets

This paper proposes a transmission planning framework in a market environment in which only the generation sector is deregulated. The proposed framework is based on modeling generation companies´ (GenCos´) strategic behavior and anticipating their expansion patterns from the viewpoint of a transmission system planner. The transmission expansion planning problem in this paper is modeled as a four-level optimization problem. A solution method based on agent-based systems and search-based optimization techniques is proposed to determine the optimal transmission expansion plan.