A market-based heuristic algorithm for the expansion planning of the high voltage transmission systems

Mohammad R. Hesamzadeh*, Nasser Hosseinzadeh, Peter J. Wolfs

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

5 Citations (Scopus)

Abstract

The worldwide trend for the restructuring of electric industry has caused dramatic changes in operation and planning procedures of the power system. Under the restructured electricity market environment, identifying a minimum-cost plan under particular constraints is not sufficient anymore and other aspects such as market efficiency and environmental concerns are of equal importance. In this context, network augmentation plays a vital role in providing a full competitive environment for market players. This paper presents a novel forward heuristic algorithm to select the most effective expansion options based on a set of market-based and reliability-based sensitivity indices. These indices are used for multi-evaluation of each transmission option from the viewpoint of electricity market and reliability criteria. The proposed method has been applied on a 6-bus test system for verifying its effectiveness.

Original languageEnglish
Pages (from-to)233-241
Number of pages9
JournalInternational Review of Electrical Engineering
Volume3
Issue number2
Publication statusPublished - Apr 2008

Keywords

  • Electricity market
  • Heuristic optimization technique
  • Transmission expansion planning

ASJC Scopus subject areas

  • Electrical and Electronic Engineering

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