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- W4312628052 abstract "In the presence of high penetrated renewable energy, an optimal transmission network investment framework requires to comprehensively consider the income of multi-type transmission right of market entities. In this paper, a bi-level model for transmission expansion planning (TEP) considering financial transmission right (FTR) trading is established, while a comprehensive evaluation index for TEP scheme is proposed. The upper-level model includes the step of TEP decisions while lower level model consider the daily market clear scheme and operation scheme. TEP is decided according to two criteria: evaluation indexes and the investment cost. Both the energy trading and FTR trading are taken into account to calculate the economic revenue of the market entities. A modified IEEE 14-bus system is tested. The simulation results show that the proposed bi-level TEP framework helps to promote the consumption of renewable energy, reduce power grid congestion, and ensure the fairness of market participation of market entities." @default.
- W4312628052 created "2023-01-05" @default.
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- W4312628052 date "2022-07-08" @default.
- W4312628052 modified "2023-10-01" @default.
- W4312628052 title "A Bi-level Transmission Expansion Planning Method Considering Financial Transmission Rights" @default.
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- W4312628052 doi "https://doi.org/10.1109/icpsasia55496.2022.9949803" @default.
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