TY - JOUR
T1 - A Game Theoretical Approach for Sub-Transmission and Generation Expansion Planning Utilizing Multi-Regional Energy Systems
AU - Navidi, Mohammad
AU - Moghaddas Tafreshi , Seyed Masoud
AU - Anvari-Moghaddam, Amjad
PY - 2020/6
Y1 - 2020/6
N2 - This paper addresses a new method for sub-transmission and generation expansion planning utilizing multi-regional energy systems (RGESs). A competitive market design is also presented to capture interactions among RGESs investors in making optimal investment plans. Traditional and evolutionary game approaches are used for solving the investment and operational expansion planning problems to eliminate the traditional centralized planning and to enable competition among RGESs for power delivery using different bidding strategies. By using a fuzzy satisfying method (FSM), the evolutionary stability state (ESS) for each gaming option (i.e., scenario) is extracted and the ESS front is presented accordingly. Simulation results for a 9-bus system are finally presented to analyze the effectiveness of the proposed approach.
AB - This paper addresses a new method for sub-transmission and generation expansion planning utilizing multi-regional energy systems (RGESs). A competitive market design is also presented to capture interactions among RGESs investors in making optimal investment plans. Traditional and evolutionary game approaches are used for solving the investment and operational expansion planning problems to eliminate the traditional centralized planning and to enable competition among RGESs for power delivery using different bidding strategies. By using a fuzzy satisfying method (FSM), the evolutionary stability state (ESS) for each gaming option (i.e., scenario) is extracted and the ESS front is presented accordingly. Simulation results for a 9-bus system are finally presented to analyze the effectiveness of the proposed approach.
KW - Evolutionary game theory
KW - Evolutionary stability state
KW - Expansion planning
KW - Fuzzy satisfying method
KW - Multi-regional energy system
UR - http://www.scopus.com/inward/record.url?scp=85076091433&partnerID=8YFLogxK
U2 - 10.1016/j.ijepes.2019.105758
DO - 10.1016/j.ijepes.2019.105758
M3 - Journal article
SN - 0142-0615
VL - 118
SP - 1
EP - 11
JO - International Journal of Electrical Power & Energy Systems
JF - International Journal of Electrical Power & Energy Systems
M1 - 105758
ER -