Enzo Sauma, David Pozo, y Javier Contreras. 2011. Co-optimization Model for Choosing the Optimal Plan for Simultaneously Expanding Both Power Transmission and Power Generation. Proceedings of the 19th Triennial Conference of the International Federation of Operational Research Societies (IFORS), Melbourne, Australia, 10 15 de Julio, 2011. (2011)

Co-optimization Model for Chosing the Optimal Plan for Simultaneously Expanding Both Power Transmission and Power Generation

Revista : Proceedings of the 19th Triennial Conference of the International Federation of Operational Research
Tipo de publicación : Conferencia No DCC

Abstract

We formulate a mixed integer linear programming co-optimization model for choosing the optimal plan for simultaneously expanding both power transmission and power generation that helps decision makers to incorporate transmission issues when evaluating the development of renewable resources. The model characterizes the competitive interaction among generation firms whose decisions in generation capacity investments and production are affected by both the transmission investments and the market operation. We illustrate our results using simple network examples.