Transmission Expansion Planning in a Restructured Electricity Market

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Publisher :
ISBN 13 : 9781361469811
Total Pages : pages
Book Rating : 4.4/5 (698 download)

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Book Synopsis Transmission Expansion Planning in a Restructured Electricity Market by : Cheuk-Wing Lee

Download or read book Transmission Expansion Planning in a Restructured Electricity Market written by Cheuk-Wing Lee and published by . This book was released on 2017-01-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Transmission Expansion Planning in a Restructured Electricity Market

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Publisher :
ISBN 13 :
Total Pages : 218 pages
Book Rating : 4.:/5 (213 download)

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Book Synopsis Transmission Expansion Planning in a Restructured Electricity Market by : Cheuk-wing Lee

Download or read book Transmission Expansion Planning in a Restructured Electricity Market written by Cheuk-wing Lee and published by . This book was released on 2007 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Game-theoretic Study of the Strategic Interaction Between Transmission and Generation Expansion Planning in a Restructured Electricity Market

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Publisher :
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.:/5 (217 download)

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Book Synopsis A Game-theoretic Study of the Strategic Interaction Between Transmission and Generation Expansion Planning in a Restructured Electricity Market by : Kwok-kei Ng (Electrical engineer., Simon)

Download or read book A Game-theoretic Study of the Strategic Interaction Between Transmission and Generation Expansion Planning in a Restructured Electricity Market written by Kwok-kei Ng (Electrical engineer., Simon) and published by . This book was released on 2007 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Transmission Expansion Planning: The Network Challenges of the Energy Transition

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Publisher : Springer Nature
ISBN 13 : 3030494284
Total Pages : 311 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Transmission Expansion Planning: The Network Challenges of the Energy Transition by : Sara Lumbreras

Download or read book Transmission Expansion Planning: The Network Challenges of the Energy Transition written by Sara Lumbreras and published by Springer Nature. This book was released on 2020-11-19 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a panoramic look at the transformation of the transmission network in the context of the energy transition. It provides readers with basic definitions as well as details on current challenges and emerging technologies. In-depth chapters cover the integration of renewables, the particularities of planning large-scale systems, efficient reduction and solution methods, the possibilities of HVDC and super grids, distributed generation, smart grids, demand response, and new regulatory schemes. The content is complemented with case studies that highlight the importance of the power transmission network as the backbone of modern energy systems. This book will be a comprehensive reference that will be useful to both academics and practitioners.

A Game-theoretic Study of the Strategic Interaction Between Transmission and Generation Expansion Planning in a Restructured Electricity Market

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (681 download)

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Book Synopsis A Game-theoretic Study of the Strategic Interaction Between Transmission and Generation Expansion Planning in a Restructured Electricity Market by :

Download or read book A Game-theoretic Study of the Strategic Interaction Between Transmission and Generation Expansion Planning in a Restructured Electricity Market written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Probabilistic Transmission Expansion Planning in a Competitive Electricity Market

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (512 download)

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Book Synopsis Probabilistic Transmission Expansion Planning in a Competitive Electricity Market by : Miao Lu

Download or read book Probabilistic Transmission Expansion Planning in a Competitive Electricity Market written by Miao Lu and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Transmission Expansion Planning in an Electricity Market Environment

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Publisher :
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.:/5 (793 download)

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Book Synopsis Transmission Expansion Planning in an Electricity Market Environment by : Qibo Jin

Download or read book Transmission Expansion Planning in an Electricity Market Environment written by Qibo Jin and published by . This book was released on 2011 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Electricity Infrastructures in the Global Marketplace

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Publisher : IntechOpen
ISBN 13 : 9789533071558
Total Pages : 836 pages
Book Rating : 4.0/5 (715 download)

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Book Synopsis Electricity Infrastructures in the Global Marketplace by : Thomas Hammons

Download or read book Electricity Infrastructures in the Global Marketplace written by Thomas Hammons and published by IntechOpen. This book was released on 2011-06-08 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses trends in the energy industries of emerging economies in all continents. It provides the forum for dissemination and exchange of scientific and engineering information on the theoretical generic and applied areas of scientific and engineering knowledge relating to electrical power infrastructure in the global marketplace. It is a timely reference to modern deregulated energy infrastructure: challenges of restructuring electricity markets in emerging economies. The topics deal with nuclear and hydropower worldwide; biomass; energy potential of the oceans; geothermal energy; reliability; wind power; integrating renewable and dispersed electricity into the grid; electricity markets in Africa, Asia, China, Europe, India, Russia, and in South America. In addition the merits of GHG programs and markets on the electrical power industry, market mechanisms and supply adequacy in hydro-dominated countries in Latin America, energy issues under deregulated environments (including insurance issues) and the African Union and new partnerships for Africa's development is considered.

Restructured Electric Power Systems

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Publisher : John Wiley & Sons
ISBN 13 : 1118017072
Total Pages : 292 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Restructured Electric Power Systems by : Xiao-Ping Zhang

Download or read book Restructured Electric Power Systems written by Xiao-Ping Zhang and published by John Wiley & Sons. This book was released on 2010-10-15 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest practical applications of electricity market equilibrium models in analyzing electricity markets Electricity market deregulation is driving the power energy production from a monopolistic structure into a competitive market environment. The development of electricity markets has necessitated the need to analyze market behavior and power. Restructured Electric Power Systems reviews the latest developments in electricity market equilibrium models and discusses the application of such models in the practical analysis and assessment of electricity markets. Drawing upon the extensive involvement in the research and industrial development of the leading experts in the subject area, the book starts by explaining the current developments of electrical power systems towards smart grids and then relates the operation and control technologies to the aspects in electricity markets. It explores: The problems of electricity market behavior and market power Mathematical programs with equilibrium constraints (MPEC) and equilibrium problems with equilibrium constraints (EPEC) Tools and techniques for solving the electricity market equilibrium problems Various electricity market equilibrium models State-of-the-art techniques for computing the electricity market equilibrium problems The application of electricity market equilibrium models in assessing the economic benefits of transmission expansions for market environments, forward and spot markets, short-term power system security, and analysis of reactive power impact Also featured are computational resources to allow readers to develop algorithms on their own, as well as future research directions in modeling and computational techniques in electricity market analysis. Restructured Electric Power Systems is an invaluable reference for electrical engineers and power system economists from power utilities and for professors, postgraduate students, and undergraduate students in electrical power engineering, as well as those responsible for the design, engineering, research, and development of competitive electricity markets and electricity market policy.

Transmission Expansion Planning Considering Substation Arrangements

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Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Transmission Expansion Planning Considering Substation Arrangements by : Zhuolin Chen

Download or read book Transmission Expansion Planning Considering Substation Arrangements written by Zhuolin Chen and published by . This book was released on 2017 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transmission expansion planning (TEP) is aimed at expanding the existing transmission system to satisfy potential power demand growth and future power plant expansion. Generally speaking, the TEP problem can be mathematically modeled as a large scale, non-convex, and non-linear optimization problem. Uncertainties causing by development of renewable energy, electricity market, and load fluctuations are also taken into consideration. The tradition TEP problem can be solved using stochastic mixed integer linear programming and contingency analysis. However, the practical application of TEP problems generates some questions. This thesis mainly focuses on certain restrictions ignored by traditional TEP problem formulation, which are important in practice and will change the optimal solution completely. By adding certain restrictions based on spacing arrangements on substations, TEP problems can be solved more efficiently and will be more valuable for industry.

Transmission Expansion Planning Methodology in a Restructuring Environment

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Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.:/5 (787 download)

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Book Synopsis Transmission Expansion Planning Methodology in a Restructuring Environment by : Ziad Shafic Jaber

Download or read book Transmission Expansion Planning Methodology in a Restructuring Environment written by Ziad Shafic Jaber and published by . This book was released on 1999 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transmission expansion planning processes embed many uncertainties including load forecast, load distribution and expansion paths. As restructuring and deregulation concepts are introduced to the power industry, additional uncertainties will emerge especially in the market related issues.--!n the new era of restructuring, utilities are confronted with transition challenges, where management and operations concepts should be changed to adapt to the new environment The customer is now the center of all activities necessitating the elaboration of advanced computer information systems especially in customer oriented functions--In this thesis, we have examined a transmission expansion planning under uncertainty We have also exposed international restructuring trends and models specifying the characteristics, requirements and feasibility of each. Knowing the importance of the customer in the new restructured environment, a prototype Customer Information System (CIS) is designed and built to be used as the information source tool in the transmission expansion planning process.

Transmission Expansion Planning to Alleviate Congestion in Deregulated Power Markets

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ISBN 13 : 9781109914573
Total Pages : 151 pages
Book Rating : 4.9/5 (145 download)

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Book Synopsis Transmission Expansion Planning to Alleviate Congestion in Deregulated Power Markets by : Sevin Sozer

Download or read book Transmission Expansion Planning to Alleviate Congestion in Deregulated Power Markets written by Sevin Sozer and published by . This book was released on 2006 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transmission expansion planning is a challenging task that affects all aspects of the power generation system in different ways. Since the deregulation of the power industry, the competition between power generators has changed the way the national transmission grid is used. As a result, in addition to traditional power system planning that focuses on reliability issues, planning measures to alleviate congestion must now also be taken into account. This dissertation therefore considers transmission expansion planning designed to reduce the economic cost of congestion on the power system.

Generation Capacity Expansion in Restructured Energy Markets

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (558 download)

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Book Synopsis Generation Capacity Expansion in Restructured Energy Markets by : Vishnuteja Nanduri

Download or read book Generation Capacity Expansion in Restructured Energy Markets written by Vishnuteja Nanduri and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: ABSTRACT: With a significant number of states in the U.S. and countries around the world trading electricity in restructured markets, a sizeable proportion of capacity expansion in the future will have to take place in market-based environments. However, since a majority of the literature on capacity expansion is focused on regulated market structures, there is a critical need for comprehensive capacity expansion models targeting restructured markets. In this research, we develop a two-level game-theoretic model, and a novel solution algorithm that incorporates risk due to volatilities in profit (via CVaR), to obtain multi-period, multi-player capacity expansion plans. To solve the matrix games that arise in the generation expansion planning (GEP) model, we first develop a novel value function approximation based reinforcement learning (RL) algorithm. Currently there exist only mathematical programming based solution approaches for two player games and the N-player extensions in literature still have several unresolved computational issues. Therefore, there is a critical void in literature for finding solutions of N-player matrix games. The RL-based approach we develop in this research presents itself as a viable computational alternative. The solution approach for matrix games will also serve a much broader purpose of being able to solve a larger class of problems known as stochastic games. This RL-based algorithm is used in our two-tier game-theoretic approach for obtaining generation expansion strategies. Our unique contributions to the GEP literature include the explicit consideration of risk due to volatilities in profit and individual risk preference of generators. We also consider transmission constraints, multi-year planning horizon, and multiple generation technologies. The applicability of the twotier model is demonstrated using a sample power network from PowerWorld software. A detailed analysis of the model is performed, which examines the results with respect to the nature of Nash equilibrium solutions obtained, nodal prices, factors affecting nodal prices, potential for market power, and variations in risk preferences of investors. Future research directions include the incorporation of comprehensive cap-and-trade and renewable portfolio standards components in the GEP model.

The Impact of Market Design on Transmission and Generation Investment in Electricity Markets

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Impact of Market Design on Transmission and Generation Investment in Electricity Markets by : Veronika Grimm

Download or read book The Impact of Market Design on Transmission and Generation Investment in Electricity Markets written by Veronika Grimm and published by . This book was released on 2018 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we propose an equilibrium model in order to analyze the impact of electricity market design on generation and transmission expansion in liberalized electricity markets. In a multi-level structure, our framework takes into account that generation investment and operation is decided by private investors, while network expansion and redispatch is decided by a regulated transmission system operator - as well as the different objectives of firms (profit maximization) and the regulator (welfare maximization). In order to illustrate the possibilities to quantify long term economic effects with our framework, we calibrate our model for the German electricity market. We consider various moderate adjustments of the market design: (i) the division of the market area into two price zones, (ii) the efficient curtailment of renewable production and (iii) a cost-benefit-driven balance between network expansion and network management measures. We then analyze the impact of these market designs on generation and transmission investment in case those design elements are anticipated upon network development planning. The resulting investment and production decisions are compared to a benchmark that reflects the current German electricity market design and to an overall optimal first-best benchmark. Our results reveal that price zones do have a significant impact on locational choice of generators and result in a reduced need for network expansion, but lead to only moderate annual welfare gains of approximately 0.9% of annual total system costs. Anticipation of optimal curtailment of renewables and a cost-benefit-driven use of redispatch operations upon network expansion planning, however, implies a welfare gain of over 4.9% of annual total system costs per year as compared to the existing market design, which equals 85% of the maximal possible welfare gain of the first-best benchmark.

Power System Operation and Planning in Competitive Electricity Markets

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Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.:/5 (787 download)

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Book Synopsis Power System Operation and Planning in Competitive Electricity Markets by : Jacques Youssef Boudakian

Download or read book Power System Operation and Planning in Competitive Electricity Markets written by Jacques Youssef Boudakian and published by . This book was released on 2005 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Worldwide, the electric power industry has been undergoing reforms and regulator y changes by introducing significant structural, institutional, and regulatory c hanges. The restructuring process of the industry has necessitated the decomposi tion of the vertically integrated utility into three major components: generatio n, transmission, and distribution. The disintegration of the vertically integrat ed utility has moved the concepts of the industries' operation and planning towa rds a competitive regime. This thesis presents a methodology and develops a tool which will be necessary i n the operation and planning in a competitive environment. The tool solves the c ongestion management problem in a disintegrated electric utility following a poo l model. It solves the problem for a day-ahead market taking into consideration transmission and generation constraints. Solving the congestion management probl em will provide indices which are valuable in the operational directives of the independent system operator and in the investment directives of both generation and transmission expansion planners. The tool also solves the unit commitment pr oblem thus providing a better insight to operational aspects. An operational and planning study is carried out using the developed tool on the restructured Electricit? du Liban system which is assumed to follow a pool mark et model. Simulation results are used to pinpoint the bottlenecks of the system operating in a competitive environment. With the aid of the tool, suitable expa nsion plans to overcome these bottlenecks and enhance competition are proposed a nd are confirmed to be appropriate by analyzing the plans under several scenario s.

Investment in Electricity Generation and Transmission

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Publisher : Springer
ISBN 13 : 3319295012
Total Pages : 389 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Investment in Electricity Generation and Transmission by : Antonio J. Conejo

Download or read book Investment in Electricity Generation and Transmission written by Antonio J. Conejo and published by Springer. This book was released on 2016-06-10 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth analysis of investment problems pertaining to electric energy infrastructure, including both generation and transmission facilities. The analysis encompasses decision-making tools for expansion planning, reinforcement, and the selection and timing of investment options. In this regard, the book provides an up-to-date description of analytical tools to address challenging investment questions such as: How can we expand and/or reinforce our aging electricity transmission infrastructure? How can we expand the transmission network of a given region to integrate significant amounts of renewable generation? How can we expand generation facilities to achieve a low-carbon electricity production system? How can we expand the generation system while ensuring appropriate levels of flexibility to accommodate both demand-related and production-related uncertainties? How can we choose among alternative production facilities? What is the right time to invest in a given production or transmission facility? Written in a tutorial style and modular format, the book includes a wealth of illustrative examples to facilitate comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, operations research, management science, and economics. Practitioners in the electric energy sector will also benefit from the concepts and techniques presented here.

Transmission Planning for a Restructuring United States Electricity Industry

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Publisher :
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4.:/5 (58 download)

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Book Synopsis Transmission Planning for a Restructuring United States Electricity Industry by : Eric Hirst

Download or read book Transmission Planning for a Restructuring United States Electricity Industry written by Eric Hirst and published by . This book was released on 2001 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: