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Title: Optimizing your options: Extracting the full economic value of transmission when planning under uncertainty

In this study, the anticipated magnitude of needed investments in new transmission infrastructure in the U.S. requires that these be allocated in a way that maximizes the likelihood of achieving society's goals for power system operation. The use of state-of-the-art optimization tools can identify cost-effective investment alternatives, extract more benefits out of transmission expansion portfolios, and account for the huge economic, technology, and policy uncertainties that the power sector faces over the next several decades.
Authors:
 [1] ;  [1] ;  [2]
  1. Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)
  2. Johns Hopkins Univ., Baltimore, MD (United States)
Publication Date:
OSTI Identifier:
1237652
Report Number(s):
SAND--2015-3669J
Journal ID: ISSN 1040-6190; PII: S1040619015001025
Grant/Contract Number:
AC04-94AL85000
Type:
Accepted Manuscript
Journal Name:
Electricity Journal
Additional Journal Information:
Journal Volume: 28; Journal Issue: 5; Journal ID: ISSN 1040-6190
Publisher:
Elsevier
Research Org:
Sandia National Laboratories (SNL-NM), Albuquerque, NM (United States)
Sponsoring Org:
USDOE Office of Science (SC), Advanced Scientific Computing Research (ASCR) (SC-21)
Country of Publication:
United States
Language:
English
Subject:
24 POWER TRANSMISSION AND DISTRIBUTION