Stochastic Multiple Objective Electric Generation Expansion Planning

Coit D. W., Selcuklu S. B., Chatwattanasiri N., Wattanapongsakorn N.

International Conference on Electrical Engineering/Electronics, Computer, Telecommunications and Information Technology (ECTI-CON), Hua Hin, Tayland, 24 - 27 Haziran 2015 identifier identifier

  • Yayın Türü: Bildiri / Tam Metin Bildiri
  • Doi Numarası: 10.1109/ecticon.2015.7206942
  • Basıldığı Şehir: Hua Hin
  • Basıldığı Ülke: Tayland
  • Erciyes Üniversitesi Adresli: Evet

Özet

The Generation Expansion Planning (GEP) problem applies to the expansion of the electricity generation network with new power plant investments. It is a multi-objective optimization problem where the level of uncertainty is very high because of its spatial dimensions and time scale. Therefore, it becomes necessary to introduce in the decision making process a systematic treatment of uncertainty to select the set of non-dominated solutions for the Pareto optimal set. In this paper, we will investigate probabilistic Pareto optimality where the probability that one expectedly non-dominated solution dominates another expectedly non-dominated solution in the Pareto optimal set is calculated.