A hybrid optimisation method of managing uncertainty in capacity expansion planning
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This paper addresses the application of a new fuzzy robust optimisation model in a capacity planning problem with uncertainties in demand and resource constraints. Fuzzy robust optimisation model employs robust optimisation formulation and fuzzy programming to deal with these uncertain variables. A power system capacity expansion plan is used as a case study to test the applicability of the proposed model. The results of this case study show the advantages of the proposed method compared to classical stochastic programming.