Journal Article10.1109/TPWRS.2004.831699
Optimal investment planning for distributed generation in a competitive electricity market
617
TL;DR: In this article, a new heuristic approach for distributed generation (DG) capacity investment planning from the perspective of a distribution company (disco) is obtained through a cost-benefit analysis approach based on a new optimization model.
read more
Abstract: This paper proposes a new heuristic approach for distributed generation (DG) capacity investment planning from the perspective of a distribution company (disco). Optimal sizing and siting decisions for DG capacity is obtained through a cost-benefit analysis approach based on a new optimization model. The model aims to minimize the disco's investment and operating costs as well as payment toward loss compensation. Bus-wise cost-benefit analysis is carried out on an hourly basis for different forecasted peak demand and market price scenarios. This approach arrives at the optimal feasible DG capacity investment plan under competitive electricity market auction as well as fixed bilateral contract scenarios. The proposed heuristic method helps alleviate the use of binary variables in the optimization model thus easing the computational burden substantially.
read more
Chat with Paper
AI Agents for this Paper
Find similar papers on Google Scholar, PubMed and Arxiv
Write a critical review of this paper
Analyze citations of this paper to find unaddressed research gaps
Citations
A Bi-Level Dg Placement Strategy for Price-Maker Distribution Networks
Ehsan Erfani Haghani Kerman,Habib Rajabi Mashhadi,Mohammad Javad Poursalimi Jaghargh +2 more
- 01 Jan 2024
TL;DR: A bi-level Dg placement strategy for price-maker distribution networks is proposed to optimize the placement of distributed generators (Dgs) considering both technical and economic factors. The strategy aims to minimize the cost of energy losses and maximize the benefits of Dg integration.
Optimal Deployment of Distributed Generation Using a Reliability Criterion
TL;DR: In this article, the authors present an optimal planning approach toward the design of cost-efficient and reliable microgrids using simulated annealing to determine the optimal size and location of a mix of distributed generation (DG) candidate technologies to achieve stipulated reliability criteria.
Distributed generation for minimization of power losses in distribution systems
M. Kashem,A. Le,Michael Negnevitsky,Gerard Ledwich +3 more
Integration of distributed generation for assessment of distribution system reliability considering power loss, voltage stability and voltage deviation
TL;DR: In this article, a combined scheme for solving optimal distributed generation (DG) placement and reliability assessment problem of distribution network has been presented through meta-heuristic based novel Modified Gbest-guided artificial bee colony (MGABC) optimization algorithm for the purpose of power loss reduction, index of voltage stability (IVS) improvement and voltage level enhancement.
A novel approach based on cuckoo search for DG allocation in distribution network
Zahra Moravej,Amir Akhlaghi +1 more
TL;DR: A novel approach based on cuckoo search which is applied for optimal distributed generation (DG) allocation to improve voltage profile and reduce power loss of the distribution network is presented.
References
•Book
Power distribution planning reference book
H Lee Willis
- 11 Jan 2000
TL;DR: In this article, the authors present a planning tool for power delivery systems electrical load and consumer demand for power availability and power quality planning criteria reliability and contingency criteria economic evaluation line segments and transformer economics and set design distibution feeder layout multi-feeder layout distribution substations distribution system layout substation siting and system expansion planning service level layout and planning planning.
723
Planning for distributed generation
TL;DR: In this article, the authors consider distributed generation (DG) can be incorporated into distribution planning as an option along with traditional feeder and substation options, and the planning process needs to incorporate more detailed simulations of capacity constraints and customer damage costs.
253
Siting distributed generation to defer T&D expansion
R.E. Brown,Jiuping Pan,Xiaorning Feng,K. Koutlev +3 more
- 28 Oct 2001
TL;DR: In this article, a successive elimination algorithm is presented to identify the number, size and location of distributed generators needed to optimally defer T&D expansion in a utility test system.
168
Strategic analysis framework for evaluating distributed generation and utility strategies
Graham Ault,J.R. McDonald,Graeme Burt +2 more
- 14 Jul 2003
TL;DR: In this article, a strategic analysis framework for evaluating distributed generation and distribution utility strategies is presented based on the idea of evaluating all distributed generation issues across many scenarios to encapsulate the breadth of uncertainties stemming from independent distributed generation in regulated distribution networks.
61
Distribution System Planning in Focus
TL;DR: In this paper, the authors discuss the need for power system planning for the twenty-first century with a focus on distributed generation, which presents substantial challenges for distribution system planners and has been the focus for a study of the changing needs of distribution planning.
50