A Tri-level Model of Centralized Transmission and Decentralized Generation Expansion Planning for an Electricity Market: Part I

dc.contributor.author Jin, Shan
dc.contributor.author Ryan, Sarah
dc.contributor.author Ryan, Sarah
dc.contributor.department Industrial and Manufacturing Systems Engineering
dc.date 2018-02-16T09:46:39.000
dc.date.accessioned 2020-06-30T04:49:10Z
dc.date.available 2020-06-30T04:49:10Z
dc.date.copyright Tue Jan 01 00:00:00 UTC 2013
dc.date.issued 2014-01-01
dc.description.abstract <p>We develop a tri-level model of transmission and generation expansion planning in a deregulated power market environment. Due to long planning/construction lead times and concerns for network reliability, transmission expansion is considered in the top level as a centralized decision. In the second level, multiple decentralized GENCOs make their own capacity expansion decisions while anticipating a wholesale electricity market equilibrium in the third level. The collection of bi-level games in the lower two levels forms an equilibrium problem with equilibrium constraints (EPEC) that can be approached by either the diagonalization method (DM) or a complementarity problem (CP) reformulation. We propose a hybrid iterative solution algorithm that combines a CP reformulation of the tri-level problem and DM solutions of the EPEC sub-problem.</p>
dc.description.comments <p>This is a manuscript of an article from <em>IEEE Transactions on Power Systems</em> 29 (2014): 132, doi: <a href="http://dx.doi.org/10.1109/TPWRS.2013.2280085" target="_blank">10.1109/TPWRS.2013.2280085</a>. Posted with permission.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/imse_pubs/8/
dc.identifier.articleid 1017
dc.identifier.contextkey 7126565
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath imse_pubs/8
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/44602
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/imse_pubs/8/2014_RyanSM_TriLevelModelPt.1__manuscript_.pdf|||Sat Jan 15 01:59:25 UTC 2022
dc.source.uri 10.1109/TPWRS.2013.2280085
dc.subject.disciplines Industrial Engineering
dc.subject.disciplines Systems Engineering
dc.subject.keywords Complementarity problem
dc.subject.keywords equilibrium problem with equilibrium constraints
dc.subject.keywords generation expansion planning
dc.subject.keywords mathematical program with equilibrium constraints
dc.subject.keywords Nash equilibrium
dc.subject.keywords transmission expansion planning
dc.title A Tri-level Model of Centralized Transmission and Decentralized Generation Expansion Planning for an Electricity Market: Part I
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isAuthorOfPublication 22d808f1-c309-4cb1-8d3e-14c57a6b96a9
relation.isOrgUnitOfPublication 51d8b1a0-5b93-4ee8-990a-a0e04d3501b1
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