A Profit-Maximizing Approach for Transmission Expansion Planning Using a Revenue-Cap Incentive Mechanism

A profit-maximizing approach for transmission expansion planning using a revenue-cap incentive mechanism

This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment. The lower level is the optimal generation dispatch and investment. The Transco funds its transmission i...

t-Maximizing Approach for Transmission Expansion Planning Using a Revenue-Cap Incentive Mechanism

This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment. The lower level is the optimal generation dispatch and investment. The Transco funds its transmission i...

A Transmission Expansion Planning Model for Maximizing Merchant Investment

a transmission expansion planning model for maximizing merchant investment

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A Probabilistic Approach to Transmission Expansion Planning in Deregulated Power Systems under Uncertainties

Restructuring of power system has faced this industry with numerous uncertainties. As a result, transmission expansion planning (TEP) like many other problems has become a very challenging problem in such systems. Due to these changes, various approaches have been proposed for TEP in the new environment. In this paper a new algorithm for TEP is presented. The method is based on probabilisti...