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

    Fingerprint

    Outages
    Planning
    Branch and bound method
    Costs
    Composite materials
    Integer programming
    Electric lines
    Economics
    Uncertainty

    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

    Transmission system expansion planning considering outage cost. / Choi, Jaeseok; Cha, Junmin; Watada, Junzo; Mount, T. D.; Thomas, R.

    Second International Conference on Innovative Computing, Information and Control, ICICIC 2007. 2008. 4428023.

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

    Choi, J, Cha, J, Watada, J, Mount, TD & Thomas, R 2008, Transmission system expansion planning considering outage cost. in Second International Conference on Innovative Computing, Information and Control, ICICIC 2007., 4428023, 2nd International Conference on Innovative Computing, Information and Control, ICICIC 2007, Kumamoto, 07/9/5. https://doi.org/10.1109/ICICIC.2007.603
    Choi J, Cha J, Watada J, Mount TD, Thomas R. Transmission system expansion planning considering outage cost. In Second International Conference on Innovative Computing, Information and Control, ICICIC 2007. 2008. 4428023 https://doi.org/10.1109/ICICIC.2007.603
    Choi, Jaeseok ; Cha, Junmin ; Watada, Junzo ; Mount, T. D. ; Thomas, R. / Transmission system expansion planning considering outage cost. Second International Conference on Innovative Computing, Information and Control, ICICIC 2007. 2008.
    @inproceedings{e9145c9994a942de8145c4c6326be6d8,
    title = "Transmission system expansion planning considering outage cost",
    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.",
    author = "Jaeseok Choi and Junmin Cha and Junzo Watada and Mount, {T. D.} and R. Thomas",
    year = "2008",
    doi = "10.1109/ICICIC.2007.603",
    language = "English",
    isbn = "0769528821",
    booktitle = "Second International Conference on Innovative Computing, Information and Control, ICICIC 2007",

    }

    TY - GEN

    T1 - Transmission system expansion planning considering outage cost

    AU - Choi, Jaeseok

    AU - Cha, Junmin

    AU - Watada, Junzo

    AU - Mount, T. D.

    AU - Thomas, R.

    PY - 2008

    Y1 - 2008

    N2 - 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.

    AB - 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.

    UR - http://www.scopus.com/inward/record.url?scp=39049152467&partnerID=8YFLogxK

    UR - http://www.scopus.com/inward/citedby.url?scp=39049152467&partnerID=8YFLogxK

    U2 - 10.1109/ICICIC.2007.603

    DO - 10.1109/ICICIC.2007.603

    M3 - Conference contribution

    SN - 0769528821

    SN - 9780769528823

    BT - Second International Conference on Innovative Computing, Information and Control, ICICIC 2007

    ER -