Optimal power flow in a market

Illian, H.F.

doi:10.1109/pess.1999.787465

Cited by 2 publications

(1 citation statement)

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“…In the simplest case, an OPF can be viewed as a method that solves the problem of minimizing an objective function [5], e.g minimizing the total operational cost, subject to a number of equality and inequality constraints. In general, OPF is applicable when studying a problem that requires interactive use of conventional power flow and for cases involving conflicting and independent variables and requirements [6], like in our case.…”

Section: Sustainability Based Optimal Power Flowmentioning

confidence: 99%

Sustainability based optimal power flow a new planning tool

Papaemmanouil

Andersson

2009

2009 IEEE Bucharest PowerTech

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This paper proposes a multi-objective expansion planning tool in order to support and facilitate the characterization of a transmission or generation investment as beneficial or not. The tool is able to provide information for decision analysis based on economic, environmental and societal criteria, in terms of security of supply, using trade-off curves and weighted internalized external costs. The results describe the impact of policy strategy and transmission network utilization on the social welfare and the social benefits of externalities internalization. Furthermore, the change in system prices and system losses has been studied as well. It has been shown that the level of internalization is a key issue in order to compensate the negative environmental impact of high utilization of transmission lines. In case that green investments are promoted, it may happen that the best solution regarding social benefits doesn't reflect always to the highest system price or to the highest system losses.

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Section: Sustainability Based Optimal Power Flowmentioning

confidence: 99%