A simulated annealing approach to evaluate long term marginal costs and investment decisions

• Type: Article in International Conference Proceedings Book
• Date: 2000

Authors

Teresa Ponce de Leão (Author) FEUP; João Tomé Saraiva (Author) FEUP

Conference proceedings International

Title: 2000 IEEE POWER ENGINEERING SOCIETY SUMMER MEETING, CONFERENCE PROCEEDINGS, VOLS 1-4

Pages: 2284-2289

IEEE Power-Engineering-Society Summer Meeting

SEATTLE, WA, JUL 16-20, 2000

Indexing

ISI Web of Knowledge - 0 Citations

Scopus - 3 Citations

Other information

Authenticus ID: P-001-2CP

DOI: 10.1109/PESS.2000.867347

Abstract (EN): In this paper we describe a multiobjective formulation for the long term planning of distribution networks considering a number of important features. The model admits fuzzy representations for loads and evaluates nodal long term marginal prices. It integrates a number of criteria related to investment, operational and reliability costs, risk index measuring the ability to accommodate load uncertainties and the remuneration collected using long term marginal prices. After using a Simulated Annealing approach to identify efficient expansion plans, it is finally conducted a decision analysis in order to select the most adequate plan. At a final section, we illustrate the formulation with a case study based on a Portuguese distribution network.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 6