Decision framework for new technologies: A tool for strategic planning of electric utilities
Tools for Strategic Planning of Electric Utilities are desirable that allow modelling of uncertainties, treatment of concerns other than cost and that have both simulation and optimization capabilities. DEFNET (Decision Framework for New Technologies) is one such tool that has been developed at SC (Systems Control) under the sponsorship of EPRI (Electric Power Research Institute). DEFNET is based on Decision Analysis and Dynamic Programming and has been implemented using highly modular, user friendly code, that facilitates use and modifications by Utility Planners. Experience of Utility planners can be incorporated into the planning process by including convenient system strategic configurations and decision additions at appropriate times of the planning horizon. DEFNET uses less detailed models for resources while maintaining reasonable degree of accuracy in estimating the costs, energy and other related quantities. This keeps the amount of effort in data preparation and the CPU requirement at low level. The features described above makes DEFNET particularly attractive to be used as an interactive tool in Strategic Planning. DEFNET has been successfully tested with the simulated data of two dissimilar Western Utilities.
- Research Organization:
- Systems Control, Inc., 1801 Page Mill Road, Palo Alto, CA 94304
- OSTI ID:
- 5685931
- Journal Information:
- IEEE Trans. Power Syst.; (United States), Vol. PWRS-2:4
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING
POLICY AND ECONOMY
99 GENERAL AND MISCELLANEOUS//MATHEMATICS, COMPUTING, AND INFORMATION SCIENCE
D CODES
ELECTRIC UTILITIES
COMPUTERIZED SIMULATION
ECONOMICS
COMPUTER ARCHITECTURE
DECISION MAKING
DYNAMIC PROGRAMMING
EPRI
LOAD MANAGEMENT
PLANNING
COMPUTER CODES
MANAGEMENT
PROGRAMMING
PUBLIC UTILITIES
SIMULATION
320603* - Energy Conservation
Consumption
& Utilization- Municipalities & Community Systems- Public Utilities- (1980-)
296000 - Energy Planning & Policy- Electric Power
990220 - Computers
Computerized Models
& Computer Programs- (1987-1989)