Transmission expansion planning in deregulated electricity markets for increased wind power penetration

In this paper, a model for transmission expansion planning (TEP) in deregulated electricity markets is developed, considering transmission congestion, wind power integration and double-sided bidding power-pool operation for both generation and demand. A compromise between the congestion revenue and the investment cost is used to determine the optimal expansion scheme, considering the outage rates of transmission lines. Both the level of congestion and the price deviation in the network are used as the driving indicators for the need of network expansion. The uncertainty in wind power generation introduces the probabilistic locational marginal prices (LMPs) and the estimated congestion revenue for a specific system configuration. The proposed TEP approach is applied on Garver's six bus system and the planning schemes results are assessed.

[1]  J. Saraiva,et al.  A multiyear dynamic approach for transmission expansion planning and long-term marginal costs computation , 2005, IEEE Transactions on Power Systems.

[2]  A. Ramos,et al.  Probabilistic midterm transmission planning in a liberalized market , 2005, IEEE Transactions on Power Systems.

[3]  S. Binato,et al.  Transmission network expansion planning under a Tabu Search approach , 2001 .

[4]  J. Contreras,et al.  Transmission Expansion Planning in Electricity Markets , 2008, IEEE Transactions on Power Systems.

[5]  Pavlos S. Georgilakis,et al.  Genetic algorithm solution to the market-based transmission expansion planning problem , 2008 .

[6]  Ping Wei,et al.  Congestion-based model for transmission expansion planning , 2006, 2006 IEEE Power Engineering Society General Meeting.

[7]  Antonio J. Conejo,et al.  Transmission expansion planning: a mixed-integer LP approach , 2003 .

[8]  G.B. Shrestha,et al.  Congestion-driven transmission expansion in competitive power markets , 2004, IEEE Transactions on Power Systems.

[9]  Pavlos S. Georgilakis,et al.  Market-based transmission expansion planning by improved differential evolution , 2010 .

[10]  R. Hackam,et al.  New Transmission Planning Model , 1989, IEEE Power Engineering Review.

[11]  M. Shahidehpour,et al.  A Multi-Objective Framework for Transmission Expansion Planning in Deregulated Environments , 2009, IEEE Transactions on Power Systems.

[12]  M. Shahidehpour,et al.  Market-based transmission expansion planning , 2004, IEEE Transactions on Power Systems.

[13]  Wenyuan Li,et al.  Risk Assessment Of Power Systems: Models, Methods, and Applications , 2004 .

[14]  E. da Silva,et al.  Transmission network expansion planning under an improved genetic algorithm , 1999, Proceedings of the 21st International Conference on Power Industry Computer Applications. Connecting Utilities. PICA 99. To the Millennium and Beyond (Cat. No.99CH36351).

[15]  S. Salon,et al.  Transmission Network Planning Using Linear Programming , 1985, IEEE Transactions on Power Apparatus and Systems.

[16]  J.H. Zhang,et al.  A Chance Constrained Transmission Network Expansion Planning Method With Consideration of Load and Wind Farm Uncertainties , 2009, IEEE Transactions on Power Systems.

[17]  S. N. Siddiqi,et al.  Value-based transmission planning and the effects of network models , 1995 .

[18]  Thierry Van Cutsem,et al.  Voltage Stability of Electric Power Systems , 1998 .

[19]  I. Pérez-Arriaga,et al.  Marginal pricing of transmission services: an analysis of cost recovery , 1995 .

[20]  A. El-Keib,et al.  A fuzzy branch and bound-based transmission system expansion planning for the highest satisfaction level of the decision maker , 2005, IEEE Transactions on Power Systems.

[21]  Zhao Yang Dong,et al.  Flexible Transmission Expansion Planning With Uncertainties in an Electricity Market , 2009, IEEE Transactions on Power Systems.

[22]  H. Rudnick,et al.  Marginal pricing and supplement cost allocation in transmission open access , 1995 .

[23]  M. V. F. Pereira,et al.  A New Benders Decomposition Approach to Solve Power Transmission Network Design Problems , 2001, IEEE Power Engineering Review.

[24]  Ahmed H. El-Abiad,et al.  Transmission Planning Using Discrete Dynamic Optimizing , 1973 .

[25]  Malcolm Irving,et al.  Differential evolution algorithm for static and multistage transmission expansion planning , 2009 .

[26]  Jaeseok Choi.  A method for transmission system expansion planning considering probabilistic reliability criteria , 2005, IEEE Transactions on Power Systems.

[27]  Ruben Romero,et al.  A hierarchical decomposition approach for transmission network expansion planning , 1994 .

[28]  Mohammad Shahidehpour,et al.  Transmission planning approaches in restructured power systems , 2003, 2003 IEEE Bologna Power Tech Conference Proceedings,.