Title :
Optimal long term transmission expansion planning based on maximum principle
Author :
Kim, Kern J. ; Park, Young M. ; Lee, Khuan Y.
Author_Institution :
Dept. of Electr. Eng., Choong-Nam Nat. Univ., Daejon, South Korea
fDate :
11/1/1988 12:00:00 AM
Abstract :
The authors propose an algorithm for long-term transmission expansion planning. The algorithm is based on the linear power flow and failure probabilities for the operation cost model, and the maximum principle for the long-term investment model. The optimization problem consists of the long-term problem to determine the annual investment, and the yearly problem to determine the optimal operation. The long-term problem is formulated as a Hamiltonian minimization problem and the yearly problem is formulated as a linear programming problem
Keywords :
economics; linear programming; load flow; minimisation; power system planning; Hamiltonian minimization problem; algorithm; failure probabilities; linear power flow; linear programming problem; long-term investment model; long-term transmission expansion planning; maximum principle; operation cost model; optimization problem; yearly problem; Costs; Load flow; Nuclear power generation; Power generation economics; Power system analysis computing; Power system economics; Power system modeling; Power system planning; Power system reliability; Power system stability;
Journal_Title :
Power Systems, IEEE Transactions on
