Stochastic multi-stage model for co-planning of transmission system and merchant distributed energy resources

In recent years, while energy consumption is still increasing, system peak load is decreasing due to deregulation in power systems, application of demand response programmes, microgrids and smart grids implementation, and so on. Thus, transmission system operators (TSOs), which are usually a public...

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Bibliographic Details
Published in:	IET generation, transmission & distribution Vol. 13; no. 14; pp. 3003 - 3010
Main Authors:	Ranjbar, Hossein, Hosseini, Seyed Hamid
Format:	Journal Article
Language:	English
Published:	The Institution of Engineering and Technology 23.07.2019
Subjects:	bi‐level model buying energy DERs investments distributed power generation energy consumption high investment costs IEEE RTS 24 bus test system integer programming investment line investment cost linear programming merchant distributed energy resources power markets power system reliability power system security power systems power transmission economics pricing Research Article smart power grids stochastic multistage model system peak load transmission network transmission system operators bi-level model line investment cost integer programming system peak load smart power grids investment linear programming distributed power generation power transmission economics DERs investments merchant distributed energy resources power system security stochastic multistage model transmission network high investment costs power system reliability IEEE RTS 24 bus test system power systems power markets buying energy energy consumption transmission system operators pricing
ISSN:	1751-8687, 1751-8695
Online Access:	Get full text
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