A leader-followers model of power transmission capacity expansion in a market driven environment
Autor: | Paolo Pisciella, Maria Teresa Vespucci, Marida Bertocchi |
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Rok vydání: | 2014 |
Předmět: |
Power network expansion planning
Settore SECS-S/06 - Metodi mat. dell'economia e Scienze Attuariali e Finanziarie Mathematical optimization Power transmission k-th Best algorithm Computer science 020209 energy Generation expansion Bilevel programming 02 engineering and technology Grid Bilevel optimization Management Information Systems Supply and demand Power (physics) Upgrade Operator (computer programming) Transmission (telecommunications) 0202 electrical engineering electronic engineering information engineering Settore MAT/09 - Ricerca Operativa Information Systems |
Zdroj: | Computational Management Science. 13:87-118 |
ISSN: | 1619-6988 1619-697X |
DOI: | 10.1007/s10287-014-0223-9 |
Popis: | We introduce a model for analyzing the upgrade of the national transmission grid that explicitly accounts for responses given by the power producers in terms of generation unit expansion. The problem is modeled as a bilevel program with a mixed integer structure in both upper and lower level. The upper level is defined by the transmission company problem which has to decide on how to upgrade the network. The lower level models the reactions of both power producers, who take a decision on new facilities and power output, and Market Operator, which strikes a new balance between demand and supply, providing new Locational Marginal Prices. We illustrate our methodology by means of an example based on the Garver’s 6-bus Network. |
Databáze: | OpenAIRE |
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