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Promoting the Investment on IPPs for Optimal Grid Planning
Date
2010-08-01
Author
TOR, Osman Bulent
Güven, Ali Nezih
Shahidehpour, Mohammad
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This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
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This paper presents a transmission expansion planning (TEP) model which coordinates investment decisions in monopolistic transmission and decentralized generator sectors. The proposed planning approach gauges transmission congestion and security constraints with respect to transmission investments while promoting investments on independent power produces (IPPs) through incentive payments. The paper includes discussions on incentive mechanisms and prioritization among qualified IPPs for several planning scenarios. Such incentives might be necessary to trigger investments on IPPs earlier than those projected by the decentralized generation system, when the power system security is threatened. The proposed planning approach would optimize the sum of transmission investments, incentive payments to IPPs, and congestion costs along the planning horizon. The case studies illustrate how the proposed planning algorithm could be utilized in order to determine incentive payments to candidate generators when necessary, and prioritize such incentives among multiple IPP candidates.
Subject Keywords
Electrical and Electronic Engineering
,
Energy Engineering and Power Technology
URI
https://hdl.handle.net/11511/44865
Journal
IEEE TRANSACTIONS ON POWER SYSTEMS
DOI
https://doi.org/10.1109/tpwrs.2009.2039947
Collections
Department of Electrical and Electronics Engineering, Article