Generation and Transmission Expansion Planning with Full-year Hourly Power Balance
Thiago José da Luz,
Clodomiro Unsihuay-Vila
Abstract:Variable renewable energies are leading the energy transition and power system flexibility has become a global priority. Incorporating short-term assessment into long-term planning is essential to capture the operational characteristics of generation and address flexibility issues. This paper presents a novel model for generation and transmission expansion planning with economic dispatch. In the generation expansion planning, the capacity expansion is optimized. In the economic dispatch problem, power plant op… Show more
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