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This paper analyzes the impact of production forecast errors on the expansion planning of a power system and investigates the influence of market design to facilitate the integration of renewable generation. For this purpose, we propose a…
On the path towards power systems with high renewable penetrations and ultimately carbon-neutral, more and more synchronous generation is being displaced by variable renewable generation that does not currently provide system inertia nor…
Two critical issues have arisen in transmission expansion planning with the rapid growth of wind power generation. First, severe power ramping events in daily operation due to the high variability of wind power generation pose great…
One of the essential aspects of power system planning is generation expansion planning (GEP). The purpose of GEP is to enhance construction planning and reduce the costs of installing different types of power plants. This paper proposes a…
This paper examines the integrated generation and transmission expansion planning problem to address the growing challenges associated with increasing power network loads. The proposed approach optimizes the operation and investment costs…
We study a joint wind farm planning and operational scheduling problem under decision-dependent uncertainty. The objective is to determine the optimal number of wind turbines at each location to minimize total cost, including both…
This paper studies the generation and transmission expansion co-optimization problem with a high wind power penetration rate in large-scale power grids. In this paper, generation and transmission expansion co-optimization is modeled as a…
Wind power integration is an essential problem for modern power industry. In this paper, we develop a novel bilevel mixed integer optimization model to investigate wind power generation planning problem in an electricity market environment…
This paper proposes a methodology to solve generation expansion equilibrium problems by using a predictive model to represent the equilibrium in a simplified network constrained electricity market. The investment problem for each generation…
The integration of a massive number of large-scale wind turbines brought about urgent technical challenge to power transmission network operators in terms of secure power supply and energy dispatching optimization. In this paper, an optimal…
While power systems are reliable infrastructures, their complex interconnectivities allow for propagation of disturbances through cascading failures which causes blackouts. Meanwhile the ever increasing penetration level of renewable…
The utilities consider public safety power shut-offs imperative for the mitigation of wildfire risk. This paper presents expansion planning of power system under fire hazard weather conditions. The power lines are quantified based on the…
Wind integration in power grids is very difficult, essentially because of the uncertain nature of wind speed. Forecasting errors on output from wind turbines may have costly consequences. For instance, power might be bought at highest price…
The imbalance costs incurred by a stochastic power producer due to forecast production errors have a significant impact on its total profit and therefore, such an impact needs to be taken into account when evaluating investment decisions.…
Decisions for a variable renewable resource generators commitment in the energy market are typically made in advance when little information is obtainable about wind availability and market prices. Much research has been published…
The hierarchical structure of production planning has the advantage of assigning different decision variables to their respective time horizons and therefore ensures their manageability. However, the restrictive structure of this top-down…
High wind energy penetration critically challenges the economic dispatch of current and future power systems. Supply and demand must be balanced at every bus of the grid, while respecting transmission line ratings and accounting for the…
This paper concerns the resilience of systems with wind power upon wind reduction by evaluating the potential of corrective actions, such as generation and load dispatch, on minimizing the effects of transmission line failures. Three…
Despite the increasing importance of forecasts of renewable energy, current planning studies only address a general estimate of the forecast quality to be expected and selected forecast horizons. However, these estimates allow only a…
Wind power is playing an increasingly important role in electricity markets. However, it's inherent variability and uncertainty cause operational challenges and costs as more operating reserves are needed to maintain system reliability.…