Proactive transmission expansion planning with storage considerations

Isaac Camilo Gonzalez-Romero*, Sonja Wogrin, Tomas Gomez

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Under the current European market environment, transmission companies have to decide network expansion by maximizing social welfare. However, generation companies (GENCOs) decide their capacity expansion with the aim of maximizing their own profit. This process, in addition to the increasing penetration of renewable energy, storage and distributed generation, might represent a rupture between short and long-term signals. Therefore, this paper proposes a bi-level formulation for the generation and transmission coordination problem (GEPTEP). We consider a proactive framework in which a centralized TSO represents the upper level while the decentralized GENCOs, that trade in the market, represent the lower level. As a novel feature, an enhanced representative period framework is employed, which allows us to consider operation in both short and long-term storage technologies. A case study is presented to compare the results between perfect and imperfect competition in the market.

Original languageEnglish
Pages (from-to)154-165
Number of pages12
JournalEnergy Strategy Reviews
Volume24
DOIs
Publication statusPublished - Apr 2019
Externally publishedYes

Keywords

  • Bi-level
  • Generation expansion
  • Proactive
  • Storage
  • Strategic
  • Transmission expansion

ASJC Scopus subject areas

  • Energy (miscellaneous)

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