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Preemptive Goal Formulation for the Multi-Objective Generation and Transmission Planning Model in a Deregulated Environment

Enrique B. Cedeno
Nanjing Tech University, Business School, Nanjing, China

Abstract—Vertically integrated utilities were unbundled after power system deregulation resulting in the ownership of assets and control of relevant planning information resting on different stakeholders. However, long term sustainability and security of supply of power sectors worldwide require some degree of joint efforts towards determining indicative generation and transmission expansion plans for the total system. In this paper this decision making problem is formulated as a multi-objective problem which allows clear identification of deviations from goals and allows trade-offs determination in decision making processes related to energy policies. It is proposed to formulate this problem as a preemptive goal program of weighted deviations. A small test case is presented detailing the proposed procedure. Test results are favorable but there is need for experimentation with problems involving larger networks with more complex and broader feasible space.

Index Terms—power system deregulation, generation and transmission plan, indicative plans, preemptive goal programming, sustainability, security of supply

Cite: Enrique B. Cedeno, "Preemptive Goal Formulation for the Multi-Objective Generation and Transmission Planning Model in a Deregulated Environment," International Journal of Electrical Energy, Vol. 2, No. 4, pp. 308-313, December 2014. doi: 10.12720/ijoee.2.4.308-313

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