A minimum cost assessment method for composite generation and transmission system expansion planning

Journal Article · Sat May 01 04:00:00 EDT 1993 · IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States)

DOI:https://doi.org/10.1109/59.260818· OSTI ID:6264032

Wenyuan, Li ^[1]; Billinton, R ^[2]

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1. Chongqing Univ. (China). Dept. of Electrical Engineering
2. Univ. of Saskatchewan, SK (Canada). Dept. of Electrical Engineering

Composite generating and transmission system expansion analysis should recognize both economic considerations and adequacy requirements. An optimal expansion plan should achieve the minimum total investment, operation and damage cost. This paper presents a minimum cost assessment method for composite system expansion planning, which can be used to consider generation expansion and transmission expansion simultaneously. The minimization model proposed in this paper to incorporate both operating and outage costs can recognize different customer damage functions at different load buses and includes the duration of the simulated contingency system states. Based on the presented method, a computer program has been developed to provide a set of line, load bus, generator bus and system indices which can be used to select optimal expansion plans at different load growth levels. Case studies conducted by application to the IEEE Modified Reliability Test System indicate the effectiveness of the method presented in this paper.

• OSTI ID: 6264032
• Journal Information: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States), Journal Name: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States) Vol. 8:2; ISSN ITPSEG; ISSN 0885-8950
• Country of Publication: United States
• Language: English

Related Subjects

24 POWER TRANSMISSION AND DISTRIBUTION
240100* -- Power Systems-- (1990-)
29 ENERGY PLANNING, POLICY, AND ECONOMY
296000 -- Energy Planning & Policy-- Electric Power
CAPACITY
CAPITALIZED COST
COST
ECONOMICS
ELECTRIC UTILITIES
ENERGY SYSTEMS
PLANNING
POWER SYSTEMS
PUBLIC UTILITIES