A Robust Model for Multiyear Distribution Network Reinforcement Planning Based on Information-Gap Decision Theory.

This paper presents a new non-deterministic approach for multiyear distribution network reinforcement planning (DNRP) considering the uncertainty sources pertaining to loads, electricity prices, investment costs, and operation costs. Accordingly, the underlying idea of the information-gap decision theory (IGDT) is used to obtain a robust solution protected against different realizations of each uncertain variable lying in its robust region. The proposed model is capable of adjusting the robustness of the optimal solution in terms of a specific parameter designated as the budget of uncertainty. As the uncertain loads, investment and operation costs competitively tend to maximize their robust regions for a particular value of the budget of uncertainty, the normalized normal constraint (NNC) method as a proficient multi-objective optimization method is exploited in this paper to solve the proposed multiobjective IGDT-based DNRP (IGDT-DNRP) model. Mainly, the NNC method presents a set of Pareto optimal solutions rather than a single optimal solution. Accordingly, a posteriori out-of-sample analysis is introduced in this paper to find the best solution among the set of Pareto optimal solutions. The proposed IGDT-DNRP model is implemented on the IEEE 33-bus distribution network under different circumstances. Simulation results illustrate the effectiveness of the proposed nondeterministic approach. [ABSTRACT FROM AUTHOR]