Power Distribution Planning Reference Book

Willis, H Lee

doi:10.1201/9781420030310

Cited by 408 publications

(292 citation statements)

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“…Traditionally, some companies are more focused on capital investment costs, while other companies try to take into account both operating and capital investment costs in their analyses [1]. We claim that in the future, when operating costs are technology-dependent, separate analysis of operating costs and capital investments will be unacceptable.…”

Section: Temporal Conceptsmentioning

confidence: 99%

“…Multi-attribute optimization is a difficult class of planning problem: more than one attribute needs to be optimized and reconciled with other attributes [1]. For example, reconciling cost minimization and reliability maximization is a typical trade-off situation.…”

Section: Multi-attribute Trade-off Analysismentioning

confidence: 99%

“…As part of the restructuring process, each of these now separate entities attempts to optimize their own short-and long-term sub-objectives for the assumed technical and economic system conditions. In the restructured industry, generators are 1 There have been some rare exceptions to this rule. For example, prior to restructuring in the United States the problem of "stranded cost" had to be resolved, without unconditionally guaranteeing investments cost recovery.…”

Section: Introductionmentioning

confidence: 99%

“…The planning process in such an industry uses coordinated, least-cost planning subject to a guaranteed rate-of-return regulation. As long as the case is made to the public utility commissioner that the investment is necessary, and it gets approved, there is generally no further risk to the utility investing in the new equipment 1 . Utilities often charge an average price that depends on the overall generation and transmission expenses during a certain period.…”

Section: Introductionmentioning

confidence: 99%

“…Each power supply planner is faced with three different tasks [1]. The first task is to identify the planning goals.…”

Section: Introductionmentioning

confidence: 99%

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An algorithmic interactive planning framework in support of sustainable technologies

Prica

Ilić

2015

2015 IEEE Power &Amp; Energy Society Innovative Smart Grid Technologies Conference (ISGT)

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This thesis addresses the difficult problem of generation expansion planning that employs the most effective technologies in today's changing electric energy industry. The electrical energy industry, in both the industrialized world and in developing countries, is experiencing transformation in a number of different ways. This transformation is driven by major technological breakthroughs (such as the influx of unconventional smaller-scale resources), by industry restructuring, changing environmental objectives, and the ultimate threat of resource scarcity.This thesis proposes a possible planning framework in support of sustainable technologies where sustainability is viewed as a mix of multiple attributes ranging from reliability and environmental impact to short-and long-term efficiency. The idea of centralized peak-load pricing, which accounts for the tradeoffs between cumulative operational effects and the cost of new investments, is the key concept in support of long-term planning in the changing industry. To start with, an interactive planning framework for generation expansion is posed as a distributed decision-making model. In order to reconcile the distributed sub-objectives of different decision makers with system-wide sustainability objectives, a new concept of distributed interactive peak load pricing is proposed. To be able to make the right decisions, the decision makers must have sufficient information about the estimated long-term electricity prices. The sub-objectives of power plant owners and load-serving entities are profit maximization. Optimized long-term expansion plans based on predicted electricity prices are communicated to the system-wide planning authority as long-run bids. The long-term expansion bids are cleared by the coordinating planner so that the system-wide long-term performance criteria are satisfied. The interactions between generation owners and the coordinating planning authority are repeated annually. We view the proposed interactive planning framework as a necessary paradigm for planning in the changing industry where choice must be reconciled with societal public objectives.ii ACKNOWLEDGEMENTS First and foremost I want to thank my advisor Professor Marija Ilic. It has been an honor to be her doctoral student. I appreciate all her contributions of time, ideas, and funding to make my studying possible. I am thankful for the exceptional example she has provided as a successful woman engineer and professor.

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Section: Temporal Conceptsmentioning

confidence: 99%

Section: Multi-attribute Trade-off Analysismentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

“…Each power supply planner is faced with three different tasks [1]. The first task is to identify the planning goals.…”

Section: Introductionmentioning

confidence: 99%