Power system expansion planning under uncertainty

1 January 1993

journal article
research article
Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Power Systems

Vol. 8 (1) , 129-136
https://doi.org/10.1109/59.221258

Abstract

This paper describes a methodology for expansion planning of power systems under several uncertainty factors such as demand growth, fuel cost, delay in project completion, financial constraints etc. The solution approach is based on stochastic optimization techniques, decision analysis, and multiobjective tradeoff analysis. Case studies with the Brazilian system are presented and discussed.

Keywords

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