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Optimal Generation Expansion Planning for Electric Utilities Using Decomposition and Probabilistic Simulation Techniques

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dc.creator Bloom, Jeremy A.
dc.date 2004-05-28T19:25:15Z
dc.date 2004-05-28T19:25:15Z
dc.date 1977-08
dc.date.accessioned 2013-10-09T02:37:59Z
dc.date.available 2013-10-09T02:37:59Z
dc.date.issued 2013-10-09
dc.identifier http://hdl.handle.net/1721.1/5147
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/1721
dc.description Three related methods are presented for determining the least-cost generating capacity investments required to meet given future demands for electricity. The models are based on application of large-scale mathematical programming decomposition techniques. In the first method, decomposition techniques are applied to linear programming models such as those presented by Anderson (Bell Journal of Economics, Spring 1972). An important result is that the subproblems, representing optimal operation of a set of plants of given capacity in each year, can be solved essentially by inspection. In the second method, decomposition is applied to an equivalent non-linear programming model, with the same result that the subproblems are very simple to solve. The third method extends the second to include the probabilistic simulation technique of Baleriaux and Booth (IEEE Transactions on Power Apparatus and Systems, Jan.-Feb., 1972), which determines the optimal operating costs when plants can fail randomly. Though the model is non-linear, the subproblems involving the probabilistic simulation can be solved without using non-linear programming.
dc.description Research supported by the Energy Research and Development Administration through Contract 421072-S with Brookhaven National Laboratory and by the U.S. Army Research Office (Durham) under Contract DAAG29-76-C-0064.
dc.format 1746 bytes
dc.format 1643929 bytes
dc.format application/pdf
dc.language en_US
dc.publisher Massachusetts Institute of Technology, Operations Research Center
dc.relation Operations Research Center Working Paper;OR 064-77
dc.title Optimal Generation Expansion Planning for Electric Utilities Using Decomposition and Probabilistic Simulation Techniques
dc.type Working Paper


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