2023
DOI: 10.1109/tsg.2022.3233124
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A Computationally Efficient Formulation for a Flexibility Enabling Generation Expansion Planning

Abstract: This paper presents a new mixed-integer linear programming formulation for combined generation, storage and demand response expansion planning. The proposed formulation captures flexibility dynamics in integrated energy systems in long horizons with large temporal resolution. The objective function considers costs related to: investment, operation, emission penalties, fixed and variable maintenance. The considered units are: generators, storage (batteries and hydro-pumped) and demand response units (desalinati… Show more

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Cited by 11 publications
(4 citation statements)
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References 39 publications
(59 reference statements)
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“…If this proportionality is not maintained, units with lower investment costs (which tend to present higher operational costs) would be chosen instead of those with higher investment and lower operation (which potentially pay-off over time). Since the basis of the formulation is adapted from [30], the size of each candidate unit is determined as an integer factor 𝑁 multiplied by the modular size. This approach presents two advantages, first simplifying the computational burden of finding the optimal size, while at the same time depicting a more realistic power system expansion.…”
Section: The Fgep Methodologymentioning
confidence: 99%
See 2 more Smart Citations
“…If this proportionality is not maintained, units with lower investment costs (which tend to present higher operational costs) would be chosen instead of those with higher investment and lower operation (which potentially pay-off over time). Since the basis of the formulation is adapted from [30], the size of each candidate unit is determined as an integer factor 𝑁 multiplied by the modular size. This approach presents two advantages, first simplifying the computational burden of finding the optimal size, while at the same time depicting a more realistic power system expansion.…”
Section: The Fgep Methodologymentioning
confidence: 99%
“…In this work, we employ a recently developed flexibility-enabling generation expansion planning (FGEP) formulation to switch the focus from electric planning towards IES planning [30]. This way, the FGEP can be used, not only to plan the most suitable generation and storage mix, but also to shed light on how different policies aiming for the electrification of other energy sectors will affect the overall IES.…”
Section: 𝑎∕𝑏mentioning
confidence: 99%
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“…Similarly, [15] presents a neural network-based method to simplify a unit commitment problem involving transmission constraints, capturing the temporal relationship between past line loading levels and removed transmission lines. [16] introduces a new mixed-integer linear programming formulation for generation expansion, targeting the identification of flexible technologies to optimize the utilization of variable renewable generation. On the other hand, [17] tackles security-constrained unit commitment for generation expansion planning, suggesting an efficient solution by identifying redundant constraints.…”
Section: Introductionmentioning
confidence: 99%