Transmission expansion planning in deregulated electricity markets for increased wind power penetration

Orfanos, GA; Skoteinos, II; Georgilakis, PS; Hatziargyriou, ND

dc.contributor.author	Orfanos, GA	en
dc.contributor.author	Skoteinos, II	en
dc.contributor.author	Georgilakis, PS	en
dc.contributor.author	Hatziargyriou, ND	en
dc.date.accessioned	2014-03-01T02:47:07Z
dc.date.available	2014-03-01T02:47:07Z
dc.date.issued	2010	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/33008
dc.subject	Electricity markets	en
dc.subject	Locational marginal pricing	en
dc.subject	Power-pool	en
dc.subject	Transmission congestion	en
dc.subject	Transmission expansion planning	en
dc.subject	Transmission security	en
dc.subject.other	Electricity market	en
dc.subject.other	Locational marginal pricing	en
dc.subject.other	Power-pool	en
dc.subject.other	Transmission congestion	en
dc.subject.other	Transmission expansion planning	en
dc.subject.other	Transmission security	en
dc.subject.other	Commerce	en
dc.subject.other	Costs	en
dc.subject.other	Deregulation	en
dc.subject.other	Economics	en
dc.subject.other	Electric power generation	en
dc.subject.other	Expansion	en
dc.subject.other	Investments	en
dc.subject.other	Lakes	en
dc.subject.other	Traffic congestion	en
dc.subject.other	Uncertainty analysis	en
dc.subject.other	Wind power	en
dc.subject.other	Electric generators	en
dc.title	Transmission expansion planning in deregulated electricity markets for increased wind power penetration	en
heal.type	conferenceItem	en
heal.identifier.primary	10.1109/EEM.2010.5558698	en
heal.identifier.secondary	http://dx.doi.org/10.1109/EEM.2010.5558698	en
heal.identifier.secondary	5558698	en
heal.publicationDate	2010	en
heal.abstract	In this paper, a model for transmission expansion planning (TEP) in deregulated electricity markets is developed, considering transmission congestion, wind power integration and double-sided bidding power-pool operation for both generation and demand. A compromise between the congestion revenue and the investment cost is used to determine the optimal expansion scheme, considering the outage rates of transmission lines. Both the level of congestion and the price deviation in the network are used as the driving indicators for the need of network expansion. The uncertainty in wind power generation introduces the probabilistic locational marginal prices (LMPs) and the estimated congestion revenue for a specific system configuration. The proposed TEP approach is applied on Garver's six bus system and the planning schemes results are assessed. © 2010 IEEE.	en
heal.journalName	2010 7th International Conference on the European Energy Market, EEM 2010	en
dc.identifier.doi	10.1109/EEM.2010.5558698	en