Transmission expansion in the Chilean system via cooperative game theory

Author

Serrano, Rosa ; Zolezzi, Juan ; Rudnick, Hugh ; Araneda, Juan C.

Author_Institution

Univ. Catolica de Chile, Santiago

fYear

2005

fDate

27-30 June 2005

Firstpage

1

Lastpage

6

Abstract

The transmission system plays an essential role in the new deregulated scenario. Aspects such as planning are relevant in terms of market opportunities. The role of the State and the agents that participate in the market sharply influence investment decision making. A study of the expansion of the Chilean Central Interconnected System (SIC) is reported, based on cooperative game theory, using a static expansion model, considering various hydrology scenarios. The main results resulting from this methodology are the expanded transmission system and the agents involved in the expansion, together with the benefits obtained by each one of them in the agreed expansion. The results obtained for two different wheeling systems are presented: postage stamp and system usage modes.

Keywords

game theory; load dispatching; power markets; power transmission economics; power transmission planning; Chilean Central Interconnected System; Chilean system; cooperative game theory; expanded transmission system; investment decision making; postage stamp; static expansion model; system usage modes; transmission expansion; Character generation; Costs; Decision making; Game theory; Interconnected systems; Law; Legislation; Power generation; Power system interconnection; Silicon carbide; coalition formation; cooperative game theory; hydrothermal dispatch; transmission expansion; transmission tariffs;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Tech, 2005 IEEE Russia

Conference_Location

St. Petersburg

Print_ISBN

978-5-93208-034-4

Electronic_ISBN

978-5-93208-034-4

Type

conf

DOI

10.1109/PTC.2005.4524775

Filename

4524775