Transmission system expansion planning considering outage cost

Jaeseok Choi, Junmin Cha, Junzo Watada, T. D. Mount, R. Thomas

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    7 Citations (Scopus)

    Abstract

    This paper proposes a method for choosing the best composite power system expansion plan considering an annual outage cost assessment. The proposed method minimizes the investment budget (economics) for constructing new generating units and transmission lines as well as the annual outage cost subject to deterministic (demand constraint) and probabilistic reliability criterion (LOLER), while considering the uncertainties of system elements. It models the power system expansion problem as an integer programming one. The method solves for the optimal strategy using a probabilistic theory-based branch and bound method that utilizes a network flow approach and the maximum flow-minimum cut set theorem. The proposed method is applied to a 5-bus MRBTS, the test results demonstrate that the proposed method is suitable for solving the composite power system expansion planning problem subject to practical future uncertainties.

    Original languageEnglish
    Title of host publicationSecond International Conference on Innovative Computing, Information and Control, ICICIC 2007
    DOIs
    Publication statusPublished - 2008
    Event2nd International Conference on Innovative Computing, Information and Control, ICICIC 2007 - Kumamoto
    Duration: 2007 Sep 52007 Sep 7

    Other

    Other2nd International Conference on Innovative Computing, Information and Control, ICICIC 2007
    CityKumamoto
    Period07/9/507/9/7

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    ASJC Scopus subject areas

    • Computer Science(all)
    • Mechanical Engineering

    Cite this

    Choi, J., Cha, J., Watada, J., Mount, T. D., & Thomas, R. (2008). Transmission system expansion planning considering outage cost. In Second International Conference on Innovative Computing, Information and Control, ICICIC 2007 [4428023] https://doi.org/10.1109/ICICIC.2007.603