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Title: Adaptive Transmission Planning: Implementing a New Paradigm for Managing Economic Risks in Grid Expansion

The problem of whether, where, when, and what types of transmission facilities to build in terms of minimizing costs and maximizing net economic benefits has been a challenge for the power industry from the beginning-ever since Thomas Edison debated whether to create longer dc distribution lines (with their high losses) or build new power stations in expanding his urban markets. Today's planning decisions are far more complex, as grids cover the continent and new transmission, generation, and demand-side technologies emerge.
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Publication Date:
OSTI Identifier:
Report Number(s):
Journal ID: ISSN 1540-7977
DOE Contract Number:
Resource Type:
Journal Article
Resource Relation:
Journal Name: IEEE Power & Energy Magazine; Journal Volume: 14; Journal Issue: 4
Research Org:
NREL (National Renewable Energy Laboratory (NREL), Golden, CO (United States))
Sponsoring Org:
USDOE Office of Electricity Delivery and Energy Reliability
Country of Publication:
United States
24 POWER TRANSMISSION AND DISTRIBUTION; 29 ENERGY PLANNING, POLICY, AND ECONOMY demand side management; electricity supply industry; power grids; power stations; power transmission planning