Multiyear Non-Deterministic Power System Expansion Planning Considering Wind ‎Farms Using a Hybrid Combination of Stochastic ‎Programming and Minimax Regret Criterion

Document Type : Power Article

Authors

Abstract

This paper presents a novel formulation for multilayer composite generation and transmission expansion planning considering the high penetration of wind farms. The proposed approach employs the so-called two-stage stochastic programming to cope with the uncertain nature of load demand and wind power and then find the optimal expansion plan among candidate generating units and transmission lines through the minimax regret criterion. Finally, the proposed approach is implemented on 24-bus reliability test system and the effect of the number of scenarios on the computational burden as well as the final optimal solution is evaluated.

Keywords

References

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Journal of Modeling in Engineering
Volume 14, Issue 47
December 2016
Pages 41-50

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History

  • Receive Date: 10 July 2014
  • Revise Date: 09 May 2015
  • Accept Date: 06 July 2015

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