New Analytical Approach for Long-Term Generation Expansion Planning Based on Maximum Principle and Gaussian Distribution Function
- 1 February 1985
- journal article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Power Engineering Review
- Vol. PER-5 (2) , 40
- https://doi.org/10.1109/MPER.1985.5528877
Abstract
This paper presents a new approach for the optimal long-range generation planning. A completely new analytical approach for the production costing model and reliability measure is developed under the assumption of Gaussian probabilistic distribution of random load fluctuations and plant outages. The long-range generation investment problem is formulated as an optimal control problem to determine optimally the annual investment in new generation capacity. The Hamiltonian minimization is performed by using a version of the gradient projection method.Keywords
This publication has 0 references indexed in Scilit: