TY - GEN
T1 - Optimal generation investment planning
T2 - 2012 North American Power Symposium, NAPS 2012
AU - Li, Nan
AU - Shi, Di
AU - Shawhan, Daniel L.
AU - Tylavsky, Daniel
AU - Taber, John T.
AU - Zimmerman, Ray D.
AU - Schulze, William D.
PY - 2012/12/10
Y1 - 2012/12/10
N2 - Power system planning and market behavioral analysis using the full model of a large-scale network, such as the entire ERCOT system, are computationally expensive. Reducing the full network into a small equivalent is a practical way to reduce the computational burden. In a companion paper, a modified-Ward equivalencing procedure has been proposed. In this paper, the proposed scheme is applied to the ERCOT system to obtain several backbone equivalents, the accuracy of which are tested under a range of operating conditions. The ERCOT equivalent is used in a system planning tool to perform optimal generation investment studies with promising results observed.
AB - Power system planning and market behavioral analysis using the full model of a large-scale network, such as the entire ERCOT system, are computationally expensive. Reducing the full network into a small equivalent is a practical way to reduce the computational burden. In a companion paper, a modified-Ward equivalencing procedure has been proposed. In this paper, the proposed scheme is applied to the ERCOT system to obtain several backbone equivalents, the accuracy of which are tested under a range of operating conditions. The ERCOT equivalent is used in a system planning tool to perform optimal generation investment studies with promising results observed.
UR - http://www.scopus.com/inward/record.url?scp=84870524382&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84870524382&partnerID=8YFLogxK
U2 - 10.1109/NAPS.2012.6336374
DO - 10.1109/NAPS.2012.6336374
M3 - Conference contribution
AN - SCOPUS:84870524382
SN - 9781467323086
T3 - 2012 North American Power Symposium, NAPS 2012
BT - 2012 North American Power Symposium, NAPS 2012
Y2 - 9 September 2012 through 11 September 2012
ER -