Optimal generation investment planning: Pt. 2: Application to the ERCOT system

Nan Li; Di Shi; Daniel L. Shawhan; Daniel Tylavsky; John T. Taber; Ray D. Zimmerman; William D. Schulze

doi:10.1109/NAPS.2012.6336374

Optimal generation investment planning: Pt. 2: Application to the ERCOT system

Nan Li, Di Shi, Daniel L. Shawhan, Daniel Tylavsky, John T. Taber, Ray D. Zimmerman, William D. Schulze

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

9 Scopus citations

Abstract

Power system planning and market behavioral analysis using the full model of a large-scale network, such as the entire ERCOT system, are computationally expensive. Reducing the full network into a small equivalent is a practical way to reduce the computational burden. In a companion paper, a modified-Ward equivalencing procedure has been proposed. In this paper, the proposed scheme is applied to the ERCOT system to obtain several backbone equivalents, the accuracy of which are tested under a range of operating conditions. The ERCOT equivalent is used in a system planning tool to perform optimal generation investment studies with promising results observed.

Original language	English (US)
Title of host publication	2012 North American Power Symposium, NAPS 2012
DOIs	https://doi.org/10.1109/NAPS.2012.6336374
State	Published - 2012
Event	2012 North American Power Symposium, NAPS 2012 - Champaign, IL, United States Duration: Sep 9 2012 → Sep 11 2012

Publication series

Name	2012 North American Power Symposium, NAPS 2012

Other

Other	2012 North American Power Symposium, NAPS 2012
Country/Territory	United States
City	Champaign, IL
Period	9/9/12 → 9/11/12

ASJC Scopus subject areas

Energy Engineering and Power Technology
Fuel Technology

Access to Document

10.1109/NAPS.2012.6336374

Cite this

Li, N, Shi, D, Shawhan, DL, Tylavsky, D, Taber, JT, Zimmerman, RD & Schulze, WD 2012, Optimal generation investment planning: Pt. 2: Application to the ERCOT system. in 2012 North American Power Symposium, NAPS 2012., 6336374, 2012 North American Power Symposium, NAPS 2012, 2012 North American Power Symposium, NAPS 2012, Champaign, IL, United States, 9/9/12. https://doi.org/10.1109/NAPS.2012.6336374

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abstract = "Power system planning and market behavioral analysis using the full model of a large-scale network, such as the entire ERCOT system, are computationally expensive. Reducing the full network into a small equivalent is a practical way to reduce the computational burden. In a companion paper, a modified-Ward equivalencing procedure has been proposed. In this paper, the proposed scheme is applied to the ERCOT system to obtain several backbone equivalents, the accuracy of which are tested under a range of operating conditions. The ERCOT equivalent is used in a system planning tool to perform optimal generation investment studies with promising results observed.",

author = "Nan Li and Di Shi and Shawhan, {Daniel L.} and Daniel Tylavsky and Taber, {John T.} and Zimmerman, {Ray D.} and Schulze, {William D.}",

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AU - Schulze, William D.

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AB - Power system planning and market behavioral analysis using the full model of a large-scale network, such as the entire ERCOT system, are computationally expensive. Reducing the full network into a small equivalent is a practical way to reduce the computational burden. In a companion paper, a modified-Ward equivalencing procedure has been proposed. In this paper, the proposed scheme is applied to the ERCOT system to obtain several backbone equivalents, the accuracy of which are tested under a range of operating conditions. The ERCOT equivalent is used in a system planning tool to perform optimal generation investment studies with promising results observed.

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BT - 2012 North American Power Symposium, NAPS 2012

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ER -

Optimal generation investment planning: Pt. 2: Application to the ERCOT system

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