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Methodology for Multi-stage, Operations- and Uncertainty-Aware Placement and Sizing of FACTS Devices in a Large Power Transmission System by Frolov, Vladimir; Chertkov, Michael is a scholarly article available to read on EtoBox.

What is Methodology for Multi-stage, Operations- and Uncertainty-Aware Placement and Sizing of FACTS Devices in a Large Power Transmission System about?

We develop new optimization methodology for planning installation of Flexible Alternating Current Transmission System (FACTS) devices of the parallel and shunt types into large power transmission systems, which allows to delay or avoid installations of generally much more expensive power lines. Methodology takes as an input projected economic development, expressed through a paced growth of the system loads, as well as uncertainties, expressed through multiple scenarios of the growth. We price new devices according to their capacities. Installation cost contributes to the optimization objective in combination with the cost of operations integrated over time and averaged over the scenarios. The multi-stage (-time-frame) optimization aims to achieve a gradual distribution of new resources in space and time. Constraints on the investment budget, or equivalently constraint on building capacity, is introduced at each time frame. Our approach adjusts operationally not only newly installed FACTS devices but also other already existing flexible degrees of freedom. This complex optimization problem is stated using the most general AC Power Flows. Non-linear, non-convex, multiple-scenario an

Author

Frolov, Vladimir; Chertkov, Michael

Published

2017

Language

EN