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Author(s): A. S. D. Braga
João Tomé Saraiva
Title: Long term marginal prices - Solving the revenue reconciliation problem of transmission providers
Issue Date: 2005
Abstract: This paper describes a model to perform transmission expansion planning studies together with the computation of Long Term Marginal Prices along the planning horizon. The model includes four criteria and adopts a Simulated Annealing based algorithm to solve the problem. The algorithm also provides Long Term Marginal Prices reflecting both investment and operation costs, thus being able to conveniently address the Revenue Reconciliation Problem that would arise if short-term approaches were used. The paper includes a case study based on the 400/220/150 kV Portuguese transmission system to illustrate the application of the proposed algorithm and highlight its potential.
Subject: Engenharia electrotécnica, Engenharia electrotécnica, electrónica e informática
Electrical engineering, Electrical engineering, Electronic engineering, Information engineering
Scientific areas: Ciências da engenharia e tecnologias::Engenharia electrotécnica, electrónica e informática
Engineering and technology::Electrical engineering, Electronic engineering, Information engineering
Source: Proceedings of the 15th Power Systems Computation Conference
Document Type: Artigo em Livro de Atas de Conferência Internacional
Rights: restrictedAccess
Appears in Collections:FEUP - Artigo em Livro de Atas de Conferência Internacional

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