Impact of equipment failures and wind correlation on generation expansion planning

•Current expansion models overlook some of the involved uncertainties.•We quantify the impact of failures and wind correlation on expansion decisions.•We use a bilevel model to determine optimal generation expansion decisions.•Uncertainty of failures and wind correlation is represented by a scenario...

Full description

Saved in:

Bibliographic Details
Published in:	Electric power systems research Vol. 116; pp. 451 - 458
Main Authors:	Pineda, S., Morales, J.M., Ding, Y., Østergaard, J.
Format:	Journal Article
Language:	English
Published:	Amsterdam Elsevier B.V 01-11-2014 Elsevier
Subjects:	Applied sciences Bilevel programming Direct energy conversion and energy accumulation Electric power plants Electrical engineering. Electrical power engineering Electrical power engineering Energy Equipment failures Exact sciences and technology Generation expansion Market clearing Miscellaneous Natural energy Operation. Load control. Reliability Optimal location Power networks and lines Stochastic programming Wind energy Optimal location Generation expansion Bilevel programming Equipment failures Market clearing Stochastic programming Deregulation Profitability Power system economics Optimization method Power generation planning Stochastic method Failures Bus system Facility location Wind energy Electrical network Power markets Electric power production
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

Be the first to leave a comment!