TY - GEN
T1 - A Transmission Expansion Plan for Introducing Large-scale Renewable Energies
AU - Morimoto, Yusuke
AU - Iwamura, Kazuaki
AU - Takamori, Hiroshi
AU - Nakanishi, Yosuke
N1 - Funding Information:
This reserch was supported by Japan Science and Technology Agency as part of the e-ASIA Joint Research Program (e-ASIA JRP). Also, the authors would like to thank Enago (www.enago.jp) for the English language review.
Publisher Copyright:
© 2019 IEEE.
PY - 2019/5/15
Y1 - 2019/5/15
N2 - In this paper, we propose a model to solve the transmission expansion problem related to the large-scale introduction of renewable energies. The extensive adoption of renewable energies into electricity grids requires the expansion of transmission lines for which companies would need to invest in renewable energy generators. In our proposed model, the expenses incurred in setting up the transmission lines would be covered by the transmission fees charged for the generators. Our model involves optimizing the facility installation and determining the optimal supply-demand operations. However, supply generators would need to compete among themselves with differing cost structures based on the merit-order principle. The investment decisions place the capacity constraints at the operational level where the network may encounter congestion giving rise to different equilibrium prices at the various nodes.
AB - In this paper, we propose a model to solve the transmission expansion problem related to the large-scale introduction of renewable energies. The extensive adoption of renewable energies into electricity grids requires the expansion of transmission lines for which companies would need to invest in renewable energy generators. In our proposed model, the expenses incurred in setting up the transmission lines would be covered by the transmission fees charged for the generators. Our model involves optimizing the facility installation and determining the optimal supply-demand operations. However, supply generators would need to compete among themselves with differing cost structures based on the merit-order principle. The investment decisions place the capacity constraints at the operational level where the network may encounter congestion giving rise to different equilibrium prices at the various nodes.
KW - Bi-level programming
KW - Renewable energy
KW - investment cost recovery index
KW - locational marginal price
KW - transmission expansion planning
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U2 - 10.1109/GTDAsia.2019.8715974
DO - 10.1109/GTDAsia.2019.8715974
M3 - Conference contribution
AN - SCOPUS:85067029242
T3 - 2019 IEEE PES GTD Grand International Conference and Exposition Asia, GTD Asia 2019
SP - 298
EP - 303
BT - 2019 IEEE PES GTD Grand International Conference and Exposition Asia, GTD Asia 2019
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2019 IEEE PES GTD Grand International Conference and Exposition Asia, GTD Asia 2019
Y2 - 19 March 2019 through 23 March 2019
ER -
