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• W2734971125 abstract "This paper introduces integrated models for transmission investments anticipating the generation investments and market-clearing equilibrium. Market-clearing models for deregulated electricity markets can inform decision makers on price signals formed in the competitive market, other investor's and/or generator's behaviors underlying these price signals and new generation/transmission investment decisions. Bi-level programming problems are formed for this integrated models and reformulated by using mathematical programs with equilibrium constraints (MPEC). A simultaneous optimization model (as mixed complementarity problem-MCP) is proposed to compute the same equilibrium solution of the MPEC problem. The proposed MCP model is found to be computationally more efficient than the traditional MPEC reformulations on a simple 3-bus example. These models will be useful in planning generation/transmission investments, and analyzing the relations among these investments and the market outcomes." @default.
• W2734971125 created "2017-07-21" @default.
• W2734971125 creator A5030920742 @default.
• W2734971125 date "2017-06-01" @default.
• W2734971125 modified "2023-09-27" @default.
• W2734971125 title "Generation/transmission investment planning integrated with market equilibrium models in electricity markets" @default.
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• W2734971125 doi "https://doi.org/10.1109/eem.2017.7981873" @default.
• W2734971125 hasPublicationYear "2017" @default.
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