Title :
The combined costs method for optimal economic planning of an electrical power system
Author :
Beglari, F. ; Laughton, M.A.
Author_Institution :
University of London
Abstract :
A mathematical programming model is described for the economic planning of generation and transmission systems. By iterating between the simulation of operating conditions and the combined costs model the number of constraints are reduced by up to one hundredth of those required for early linear programming models.
Keywords :
Context modeling; Cost function; Linear programming; Mathematical model; Mathematical programming; Power generation economics; Power system economics; Power system modeling; Power system planning; Power system simulation;
Journal_Title :
Power Apparatus and Systems, IEEE Transactions on
DOI :
10.1109/T-PAS.1975.32039