2015 IEEE 5th International Conference on Power Engineering, Energy and Electrical Drives (POWERENG) 2015
DOI: 10.1109/powereng.2015.7266333
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Overhead power line design in market conditions

Abstract: This paper deals with the concept of the stochastic optimization methodology for power line designing, which allows optimizing transmission network planning. The paper presents a comparison of both methods applied for selecting the best line design alternative -the deterministic economic intervals method and the stochastic approach based method, taking into account market conditions. Both methods are utilized for designing overhead power lines, including the choice of main line parameters such as tower height,… Show more

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Cited by 5 publications
(4 citation statements)
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“…These methods do not consider the value of funds over time, and also ignore many factors that affect the cost of capital during the project's construction, operation, maintenance, and discard period. Deterministic (classical) methods neglect the fluctuations of energy prices; therefore, a stochastic method for power transmission design was proposed in [12]. The life cycle cost (LCC) model is now widely used in the power industry, for instance, in the economic analysis of underground cable installation [13,14] and 500-kV grid-connected systems [15,16].…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…These methods do not consider the value of funds over time, and also ignore many factors that affect the cost of capital during the project's construction, operation, maintenance, and discard period. Deterministic (classical) methods neglect the fluctuations of energy prices; therefore, a stochastic method for power transmission design was proposed in [12]. The life cycle cost (LCC) model is now widely used in the power industry, for instance, in the economic analysis of underground cable installation [13,14] and 500-kV grid-connected systems [15,16].…”
Section: Introductionmentioning
confidence: 99%
“…Reference [21] pointed that the use of stranded carbon fibre cores could reduce the total investment of the project by 15%. Power transmission line loss is not only a technical index but also an economic index, [12] took the impact of line loss during operation into consideration and considered operating costs depending on conductor cross-section and maximum line transmitted power. The corona loss was calculated by the finite difference method (FDM) method [22].…”
Section: Introductionmentioning
confidence: 99%
“…Studies devoted to the optimization problem of minimizing the capital costs of a TL with respect to the selection of the optimum cross-sectional area of the conductor applied deterministic [15,16] and stochastic methods. For instance, the proposed stochastic approach to selecting the conductor cross-section, which takes into account random variables such as the power line load, electricity price, and ambient temperature, was presented in References [17][18][19]; the method of selecting the conductor and tower configuration from an overall system point of view was considered in Reference [20]; and the methodology for selecting both bare wire conductors and ground wires, their spatial arrangement, and the topology of the tower for a project with compact overhead transmission lines with multiple circuits was presented in Reference [21].…”
Section: Introductionmentioning
confidence: 99%
“…Over the recent years, transmission network planning has been strongly influenced by the electricity market conditions, the changes in the economic environment and the regulation models, climate and weather issues, integration and utilization of new technologies, random events, etc. [2].…”
Section: Introductionmentioning
confidence: 99%