Increasing the efficiency of electricity distribution systems in regulated markets under uncertainty

Due to uncertain boundary conditions, it becomes more and more difficult for network operators to solve the task of developing their networks in a sustainable way. In this paper, the conflict between long-term goals of network planning and short-term costs is revealed. A method for network expansion planning is presented. This method is not only capable of determining cost-minimal strategies to develop a network but also to show up adequate ways for reaching long-term planning goals. The application of this method to an exemplary network shows that it is not sufficient to only consider short-term costs in network planning.