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Network expansion planning is per se a multicriteria decision problem although in many times a single objective function is used by combining and monetizing the multiple criteria under a single one with the weighted-sum method. The main criteria are usually: costs, environmental impact, market integration and other exogenous factors. Costs are measured by the attributes such as investment and operation costs of the transmission decisions but also operation costs of the system. In the cost criterion, it can also be introduced the reliability impact. Environmental impact is determined by attributes as amount of renewable integration or curtailment avoided at system level and impact of the line construction. Market integration is accounted as number of hours of market splitting. Social acceptance is an exogenous criterion and, nowadays, is a major concern of the current planning process and being the cause of many delays.

General purpose solvers

References:

[1] J. H. Roh, M. Shahidehpour, and Y. Fu, “Market-based coordination of transmission and generation capacity planning,” IEEE Transactions on Power Systems, Vol. 22(4), 1406–1419, Nov. 2007

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Prof Laureano Escudero, Universidad Rey Juan Carlos

Dr Fabrizio Lacalandra, QuanTek