Title :
Transmission system expansion planning by nodal delivery marginal rate criterion
Author :
Jeonje Park ; Wu Liang ; Jaeseok Choi ; El-Keib, A.A. ; Shahidehpour, M.
Author_Institution :
Dept. of Electr. Eng., Gyeongsang Nat. Univ., Jinju, South Korea
Abstract :
This paper proposes a method for choosing the best transmission system expansion plan(TSEP) using nodal/bus delivery marginal rate criterion (BMRk) defined newly in this paper. The objective method minimizes a total cost which is an investment budget for constructing new transmission lines subject to the BMRk which means a nodal deterministic reliability level requirement at specified load point. Test results on an existing 21-bus system are included in the paper. It demonstrated the suitability of the proposed method for solving the TSEPproblem in competitive electricity market environment.
Keywords :
power markets; power transmission economics; power transmission planning; bus delivery marginal rate criterion; competitive electricity market environment; nodal delivery marginal rate criterion; transmission lines; transmission system expansion planning; Asia; Cost function; Dynamic programming; Integer linear programming; Investments; Joining processes; Linear programming; Mathematical model; Power transmission lines; Transmission line theory; Transmission system expansion planning; branch and bound method; nodal/bus marginal rate criterion;
Conference_Titel :
Transmission & Distribution Conference & Exposition: Asia and Pacific, 2009
Conference_Location :
Seoul
Print_ISBN :
978-1-4244-5230-9
DOI :
10.1109/TD-ASIA.2009.5356816
