Methodology for assessing transmission investments in deregulated electricity markets

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

dc.contributor.author	Skoteinos, II	en
dc.contributor.author	Orfanos, GA	en
dc.contributor.author	Georgilakis, PS	en
dc.contributor.author	Hatziargyriou, ND	en
dc.date.accessioned	2014-03-01T02:47:24Z
dc.date.available	2014-03-01T02:47:24Z
dc.date.issued	2011	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/33125
dc.subject	Cost-benefit analysis	en
dc.subject	deregulated electricity markets	en
dc.subject	IRENE-40 EU project	en
dc.subject	transmission expansion projects	en
dc.subject	transmission investments	en
dc.subject.other	Deregulated electricity market	en
dc.subject.other	Deregulated markets	en
dc.subject.other	Economic evaluations	en
dc.subject.other	Economic performance	en
dc.subject.other	IRENE-40 EU project	en
dc.subject.other	Market performance	en
dc.subject.other	Optimal networks	en
dc.subject.other	Reliability test system	en
dc.subject.other	Transmission expansion	en
dc.subject.other	transmission expansion projects	en
dc.subject.other	transmission investments	en
dc.subject.other	Transmission system planning	en
dc.subject.other	Commerce	en
dc.subject.other	Cost effectiveness	en
dc.subject.other	Deregulation	en
dc.subject.other	Electric power transmission	en
dc.subject.other	Engineering research	en
dc.subject.other	Expansion	en
dc.subject.other	Power quality	en
dc.subject.other	Sustainable development	en
dc.subject.other	Investments	en
dc.title	Methodology for assessing transmission investments in deregulated electricity markets	en
heal.type	conferenceItem	en
heal.identifier.primary	10.1109/PTC.2011.6019257	en
heal.identifier.secondary	http://dx.doi.org/10.1109/PTC.2011.6019257	en
heal.identifier.secondary	6019257	en
heal.publicationDate	2011	en
heal.abstract	Transmission system planning in deregulated markets often includes a set of proposed alternative expansion schemes instead of a single optimal network solution. In this paper, a methodology is proposed for the economic evaluation of alternative transmission expansion plans, based on several indices that measure the market performance of the expansion schemes. The proposed methodology can assess in a realistic way both reliability-driven as well as economic-driven transmission expansion projects. In order to demonstrate the proposed methodology, three possible transmission expansion solutions over the IEEE 24-bus reliability test system are compared. The indices introduced are calculated for each scenario scheme and the results are assessed in order to determine the scenario with the best cost-benefit economic performance. This paper derives from the work performed for the IRENE-40 EU research project. © 2011 IEEE.	en
heal.journalName	2011 IEEE PES Trondheim PowerTech: The Power of Technology for a Sustainable Society, POWERTECH 2011	en
dc.identifier.doi	10.1109/PTC.2011.6019257	en