IEEE Transactions on Power Systems · 1999 · 148 citations · 2 references
BusinessDecision SciencesRisk ManagementDecision AnalysisRisk AnalysisUncertainty QuantificationDecision-making Under UncertaintyOptimization Under UncertaintyRobust Decision MakingRobust OptimizationTransmission PlanningUncertainty AnalysisCapacity Expansion Under UncertaintyCross-border Transmission PlanningDecision Analysis Under UncertaintyRobust Network OptimizationTransmission Expansion PolicyTransmission InterconnectionTransmission Network Expansion PlanningTransmission Optimization
Competitive markets expose transmission planners to new uncertainties. These are handled using a decision-analysis approach whose key contribution is quantifying and minimizing risk. The method is applied using existing and generally-available software tools. The result is transmission plan which is robust in the face of uncertainties. A study of a major proposed Central-American interconnection illustrates the problem and the method.
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Conflicting objectives and risk in power system planning
Enrique Crousillat, P. Dörfner, P. Alvarado et al. · IEEE Transactions on Power Systems · 1993 · 90 citations
Operating a Major Electric Utility Today
T. J. Nagel · Science · 1978 · 10 citations