Development of Transmission Expansion Planning Optimization Software Considering Integration of Generation and Transmission Facilities

Abstract

The transmission valuation methodology we propose here captures the interaction between generation and transmission investment decisions recognizing that a transmission expansion can impact the profitability of new resources investment, so that a methodology should consider both the objectives of investors in resources and the transmission planner. In this perspective, this paper purports to develop the mixed-integer programming based transmission expansion planning optimization software, which is well designed to determine the construction time and place of new generators, transmission lines, and substations as well as their capacities to minimize total expenditures related to their investment and operations while meeting technical constraints such as capacity margin, constitution ratio of power resources, spinning reserves, energy and fuel constraints, transmission line outages and losses, pi-type branching, and so on. Finally, Garver's simple system is adopted to validate not simply the accuracy but the efficiency of the proposed model in this paper.