IEEE PES International Conference on Innovative Smart Grid Technologies Latin America - ISGT LA 2017, Quito (Ecuador). 20-22 September 2017
Summary:
This paper investigates the potential of minimax-cost and minimax-regret approaches for centralized & determinative transmission expansion planning under uncertainty regarding market-based generation expansion, particularly when the times needed to implement transmission facilities are longer than those required to build renewable generators. The approaches can deal with non-probabilistic uncertainties in variables representing key drivers for generation investors' decisions, and reduce exposure to high regrets if adverse scenarios materialize, at the expense of the costs needed to bestow the transmission grid with flexibility to cope with uncertainties in market-based generation expansion. These properties are illustrated with help of a case study.
Keywords: Transmission expansion , renewable generation , minimax-cost , minimax-regret , facility implementation times
DOI: 
https://doi.org/10.1109/ISGT-LA.2017.8126697
Published in ISGT LA 2017, pp: 1-6, ISBN: 978-1-5386-3313-7
Publication date: 2017-09-20.
Citation:
M. R. Carvalho, R.S. Ferreira, J. Terra, C.L.T. Borges, L.A. Barroso, Minimax approaches to optimal transmission expansion planning considering non-probabilistic scenarios of market-based renewable generation capacity additions, IEEE PES International Conference on Innovative Smart Grid Technologies Latin America - ISGT LA 2017, Quito (Ecuador). 20-22 September 2017. In: ISGT LA 2017: Conference proceedings, ISBN: 978-1-5386-3313-7
