Security constrained augmentation for transmission system considering preferences of market players on expansion options

This paper presents a new approach for transmission expansion planning in unbundled electricity industry. The approach considers the power market and technical criteria for selecting the most effective expansion options. Perfect competition, a stable electricity market, and a lower price of electric...

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Main Authors: Hesamzadeh, M., Hosseinzadeh, N., Wolfs, Peter
Other Authors: Syed Islam
Format: Conference Paper
Published: Curtin University 2007
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/6700
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author Hesamzadeh, M.
Hosseinzadeh, N.
Wolfs, Peter
author2 Syed Islam
author_facet Syed Islam
Hesamzadeh, M.
Hosseinzadeh, N.
Wolfs, Peter
author_sort Hesamzadeh, M.
building Curtin Institutional Repository
collection Online Access
description This paper presents a new approach for transmission expansion planning in unbundled electricity industry. The approach considers the power market and technical criteria for selecting the most effective expansion options. Perfect competition, a stable electricity market, and a lower price of electricity at different market players' locations have been addressed in the proposed methodology. Reliability criteria have been considered in terms of transmission system security and sustainable load serving. To consider the preferences of market players for different expansion options, firstly, importance degree of market players are determined based on a digitised band. Then a fuzzy linguistic variable is assigned to the preference of each market player to the transmission options. Finally, the quantified linguistic variables are used to weight planning criteria and select the final plan. The results of applying the proposed methodology to the introduced case study are very promising.
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format Conference Paper
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T06:12:50Z
publishDate 2007
publisher Curtin University
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spelling curtin-20.500.11937-67002017-10-02T02:27:19Z Security constrained augmentation for transmission system considering preferences of market players on expansion options Hesamzadeh, M. Hosseinzadeh, N. Wolfs, Peter Syed Islam fuzzy set theory power transmission planning power transmission economics power system security power markets power transmission reliability This paper presents a new approach for transmission expansion planning in unbundled electricity industry. The approach considers the power market and technical criteria for selecting the most effective expansion options. Perfect competition, a stable electricity market, and a lower price of electricity at different market players' locations have been addressed in the proposed methodology. Reliability criteria have been considered in terms of transmission system security and sustainable load serving. To consider the preferences of market players for different expansion options, firstly, importance degree of market players are determined based on a digitised band. Then a fuzzy linguistic variable is assigned to the preference of each market player to the transmission options. Finally, the quantified linguistic variables are used to weight planning criteria and select the final plan. The results of applying the proposed methodology to the introduced case study are very promising. 2007 Conference Paper http://hdl.handle.net/20.500.11937/6700 Curtin University fulltext
spellingShingle fuzzy set theory
power transmission planning
power transmission economics
power system security
power markets
power transmission reliability
Hesamzadeh, M.
Hosseinzadeh, N.
Wolfs, Peter
Security constrained augmentation for transmission system considering preferences of market players on expansion options
title Security constrained augmentation for transmission system considering preferences of market players on expansion options
title_full Security constrained augmentation for transmission system considering preferences of market players on expansion options
title_fullStr Security constrained augmentation for transmission system considering preferences of market players on expansion options
title_full_unstemmed Security constrained augmentation for transmission system considering preferences of market players on expansion options
title_short Security constrained augmentation for transmission system considering preferences of market players on expansion options
title_sort security constrained augmentation for transmission system considering preferences of market players on expansion options
topic fuzzy set theory
power transmission planning
power transmission economics
power system security
power markets
power transmission reliability
url http://hdl.handle.net/20.500.11937/6700