In this section
@article{Moreira:2017:10.1109/TPWRS.2017.2710637,
author = {Moreira, A and strbac, G and Moreno, R and Street, A and Konstantelos, I},
doi = {10.1109/TPWRS.2017.2710637},
journal = {IEEE Transactions on Power Systems},
pages = {486--501},
title = {A Five-Level MILP Model for Flexible Transmission Network Planning under Uncertainty: A Min-Max Regret Approach},
url = {http://dx.doi.org/10.1109/TPWRS.2017.2710637},
volume = {33},
year = {2017}
}
TY - JOUR
AB - The benefits of new transmission investment significantly depend on deployment patterns of renewable electricity generation that are characterized by severe uncertainty. In this context, this paper presents a novel methodology to solve the transmission expansion planning (TEP) problem under generation expansion uncertainty in a min-max regret fashion, when considering flexible network options and n 1 security criterion. To do so, we propose a five-level mixed integer linear programming (MILP) based model that comprises: (i) the optimal network investment plan (including phase shifters), (ii) the realization of generation expansion, (iii) the co-optimization of energy and reserves given transmission and generation expansions, (iv) the realization of system outages, and (v) the decision on optimal post-contingency corrective control. In order to solve the fivelevel model, we present a cutting plane algorithm that ultimately identifies the optimal min-max regret flexible transmission plan in a finite number of steps. The numerical studies carried out demonstrate: (a) the significant benefits associated with flexible network investment options to hedge transmission expansion plans against generation expansion uncertainty and system outages, (b) strategic planning-under-uncertainty uncovers the full benefit of flexible options which may remain undetected under deterministic, perfect information, methods and (c) the computational scalability of the proposed approach.
AU - Moreira,A
AU - strbac,G
AU - Moreno,R
AU - Street,A
AU - Konstantelos,I
DO - 10.1109/TPWRS.2017.2710637
EP - 501
PY - 2017///
SN - 0885-8950
SP - 486
TI - A Five-Level MILP Model for Flexible Transmission Network Planning under Uncertainty: A Min-Max Regret Approach
T2 - IEEE Transactions on Power Systems
UR - http://dx.doi.org/10.1109/TPWRS.2017.2710637
UR - http://hdl.handle.net/10044/1/51791
VL - 33
ER -