Planning electricity transmission to accommodate renewables

Planning electricity transmission to accommodate renewables : Using two-stage programming to evaluate flexibility and the cost of disregarding uncertainty  / Adriaan Hendrik van der Weijde and Benjamin F. Hobbs. Electricity Policy Research Group, Cambridge University, 2011, 50 p. (Working Paper ;  EPRG1102) http://www.eprg.group.cam.ac.uk/wp-content/uploads/2011/01/Binder11.pdf We develop a stochastic two-stage optimisation model that captures the multistage nature of electricity transm...