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Practical method for generation expansion planning based on dynamic programming
Author(s) -
Tanabe Ryuya,
Yasuda Keiichiro,
Yokoyama Ryuichi
Publication year - 1992
Publication title -
electrical engineering in japan
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.136
H-Index - 28
eISSN - 1520-6416
pISSN - 0424-7760
DOI - 10.1002/eej.4391120811
Subject(s) - dynamic programming , mathematical optimization , process (computing) , electricity generation , computer science , hydropower , power (physics) , engineering , algorithm , mathematics , physics , quantum mechanics , electrical engineering , operating system
This paper presents an efficient method which provides the optimal generation mix and the optimal generation construction process. The approximation method in which the dynamic programming technique and gradient method are combined is applied to determine the optimal generation mix with hydropower generation technologies. The successive approximations dynamic programming (SADP) technique, which is very suitable for high‐dimensional multistage decision process problems, is used for obtaining the optimal generation construction process. The effectiveness and feasibility of the developed technique are demonstrated on a practical power system model which has five types of generation technologies including a hydropower generation technology.