A new market based approach for transmission expansion planning in deregulated environments is presented in this paper. In this approach, transmission-planning decisions are made based on the electric power market conditions. The main contribution of this research is 1) Introducing a new probabilistic tool for analyzing the electric market conditions, 2) Defining new criteria for ranking transm...

In this paper, system planning network is formulated with mixed-integer programming. Two meta-heuristic procedures are considered for this problem. The cost function of this problem consists of the capital investment cost in discrete form, the cost of transmission losses and the power generation costs. The DC load flow equations for the network are embedded in the constraints of the mathematica...

This paper proposes a method for choosing the best coordinated expansion planning of generation and transmission systems considering an annual outage cost and a probabilistic power system reliability criterion (RLOLEGTS). The objective method minimizes a total cost which are not only an investment budget for constructing new generators and transmission lines but also an annual outage cost. Main...