... effective and competitive environment for participants. Hence, the traditional cost-minimization formulation is no longer suitable to solve transmission expansion problem in market conditions. To evaluate efficiency of network expansion the comparison of investment and social welfare is needed. This requires a coordinated approach to the optimization of the generation and transmission operation and development. The model considered in the paper allows taking into account discrete nature of investment,...
Теги: market model , mixed-integer programming , network expansion , power transfers , social welfare , commerce , competition , electric network analysis , electric power transmission , integer programming , investm
