Document Type
Article
Publication Version
Accepted Manuscript
Publication Date
1-2014
Journal or Book Title
IEEE Transactions on Power Systems
Volume
29
Issue
1
First Page
142
Last Page
148
DOI
10.1109/TPWRS.2013.2280082
Abstract
We study a tri-level integrated transmission and generation expansion planning problem in a deregulated power market environment. The collection of bi-level sub-problems in the lower two levels is an equilibrium problem with equilibrium constraints (EPEC) that can be approached by either the diagonalization method (DM) or a complementarity problem (CP) reformulation. This paper is a continuation of its Part I, in which a hybrid iterative algorithm is proposed to solve the tri-level problem by iteratively applying the CP reformulation of the tri-level problem to propose solutions and evaluating them in the EPEC sub-problem by DM. It focuses on the numerical results obtained by the hybrid algorithm for a 6-bus system, a modified IEEE 30-bus system, and an IEEE 118-bus system. In the numerical instances, the (approximate) Nash equilibrium point for the sub-problem can be verified by examining local concavity.
Copyright Owner
IEEE
Copyright Date
2014
Language
en
File Format
application/pdf
Recommended Citation
Jin, Shan and Ryan, Sarah M., "A Tri-level Model of Centralized Transmission and Decentralized Generation Expansion Planning for an Electricity Market: Part II" (2014). Industrial and Manufacturing Systems Engineering Publications. 7.
https://lib.dr.iastate.edu/imse_pubs/7
Comments
This is a manuscript of an article from IEEE Transactions on Power Systems 29 (2014): 142, doi: 10.1109/TPWRS.2013.2280082. Posted with permission.