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Private Investor-based Transmission Expansion Planning in Deregulated Environments

Arabali, A ; Sharif University of Technology | 2015

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  1. Type of Document: Article
  2. DOI: 10.1080/15325008.2014.1001090
  3. Publisher: Taylor and Francis Inc , 2015
  4. Abstract:
  5. Deregulation in power systems creates new uncertainties and escalates the previous ones. The presence of these uncertainties causes the transmission network to remain a monopoly and the private investors not to be interested in investing in new transmission lines. This article presents a new merchant-based transmission network expansion planning algorithm from the viewpoint of private investors. The point estimation method is used to handle the uncertainties, and the genetic algorithm is used as the optimization tool. The proposed method provides insights for private investors to deal with the uncertainties and to find appropriate transmission projects in which to invest. Copyright
  6. Keywords:
  7. Private investor ; Risk ; Earnings ; Genetic algorithms ; Risks ; Deregulated environments ; Point estimation method ; Private investors ; Rate of return ; Transmission expansion planning ; Transmission network expansion planning ; Transmission projects ; Uncertainties ; Privatization
  8. Source: Electric Power Components and Systems ; Volume 43, Issue 6 , 2015 , Pages 620-632 ; 15325008 (ISSN)
  9. URL: http://www.tandfonline.com/doi/abs/10.1080/15325008.2014.1001090?journalCode=uemp20