Open AccessRisk/investment‐driven transmission expansion planning with multiple scenarios
Author(s) -
Rahmani Mohsen,
Romero Ruben A.,
Rider Marcos J.
Publication year - 2013
Publication title -
iet generation, transmission and distribution
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.92
H-Index - 110
eISSN - 1751-8695
pISSN - 1751-8687
DOI - 10.1049/iet-gtd.2011.0742
Subject(s) - transmission (telecommunications) , investment (military) , computer science , risk analysis (engineering) , business , telecommunications , politics , political science , law
This study presents a new methodology based on risk/investment to solve transmission network expansion planning (TNEP) problem with multiple future scenarios. Three mathematical models related to TNEP problems considering multiple future generation and load scenarios are also presented. These models will provide planners with a meaningful risk assessment that enable them to determine the necessary funding for transmission lines at a permissible risk level. The results using test and real systems show that the proposed method presents better solutions compared with scenario analysis method.