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A Bilevel Approach to Transmission Expansion Planning Within a Market Environment.
- Source :
- IEEE Transactions on Power Systems; Aug2009, Vol. 24 Issue 3, p1513-1522, 10p
- Publication Year :
- 2009
-
Abstract
- We present a bilevel model for transmission expansion planning within a market environment, where producers and consumers trade freely electric energy through a pool. The target of the transmission planner, modeled through the upper-level problem, is to minimize network investment cost while facilitating energy trading. This upper-level problem is constrained by a collection of lower-level market clearing problems representing pool trading, and whose individual objective functions correspond to social welfare. Using the duality theory the proposed bilevel model is recast as a mixed-integer linear programming problem, which is solvable using branch-and-cut solvers. Detailed results from an illustrative example and a case study are presented and discussed. Finally, some relevant conclusions are drawn. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 08858950
- Volume :
- 24
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- IEEE Transactions on Power Systems
- Publication Type :
- Academic Journal
- Accession number :
- 43618831
- Full Text :
- https://doi.org/10.1109/TPWRS.2009.2021230