Economically adapted transmission systems in open access schemes-application of genetic algorithms
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Date
1996
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Abstract
A dynamic transmission planning methodology using a genetic algorithm is formulated for the purpose of determining an economically adapted electric transmission system in a deregulated open access environment. Transmission investment sensitivity information linked to short term marginal income is used. A computer program is developed and applied to obtain a long range adapted transmission grid for the Chilean electrical system. Two open access pricing methodologies are evaluated in a spot price framework, as applied to the adapted grid over the time horizon.
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Keywords
Genetic algorithms, Environmental economics, Power generation economics, Pricing, Investments, Grid computing, Costs, Power system interconnection, Power system planning, Power generation