In network investments, much of the real options value may reside “in” identifying the proper configuration to develop, in terms of the timing and sizing of its deployment. A longer-term perspective, with a treatment of uncertainty that moves beyond simply increasing deterministic specifications, has the potential to improve the design of networked infrastructures, such as power transmission ne...

In this paper, a novel framework is proposed to study impacts of regulatory incentive on distributed generation (DG) investment in sub-transmission substations, as well as upgrading of upstream transmission substations. Both conventional and wind power technologies are considered here. Investment incentives are fuel cost, firm contracts, capacity payment and investment subsidy relating to wind ...

The study of a decentralized coalition formation scheme in an speci c Power Systems transmission expansion scenario is the purpose of this paper. We dene rst who are the players in the expansion game, and provide a decentralized coalition scheme based on Bilateral Shapley Values. We study the stability properties of our approach to allocate expansion costs to all coalition members. Finally, the...

1 Market-based transmission investments can play a role in competitive electricity markets. A short-term electricity market coordinated by a system operator provides a foundation for a competitive electricity market. In this setting, locational price differences define the opportunity cost of transmission. The potential to arbitrage these same price differences provides a market incentive for t...

In this paper, using annular resonator we have designed an adding and dropping filter light based ontwo-dimensional photonic crystals. The shape of ring resonator filter adding and dropping that wehave proposed is Race Track. This filter has a hexagonal lattice structure of silicon bars withrefractive index 3/46 that is located in the context of air with refractive index 1. Transmissionefficien...

This paper presents a multi-objective transmission expansion planning (TEP) framework. Rather than using the conventional deterministic reliability criterion, a risk component based on the probabilistic reliability criterion is incorporated into the TEP objectives. This risk component can capture the stochastic nature of power systems, such as load and wind power output variations, component av...