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5 Market Based <strong>Transmission</strong> <strong>Expansion</strong> <strong>Plann<strong>in</strong>g</strong> 58<br />

Table 5.4- Characteristics of loads of IEEE 30 bus test system<br />

Bus No. M<strong>in</strong> (MW) PDF of Load (MW) Bid ($/MWhr) Unavailability<br />

3 0 N~(160, 12) 15 0.05<br />

5 0 N~(85, 7.5) 14 0.05<br />

7 0 N~(50, 5) 15 0.05<br />

8 0 N~(25, 2) 17 0.05<br />

10 0 N~(190, 15) 20 0.05<br />

12 0 N~(50, 4) 18 0.05<br />

13 0 N~(20, 2) 19 0.05<br />

14 0 N~(50, 4.5) 17 0.05<br />

15 0 N~(50, 5) 16 0.05<br />

16 0 N~(9, 0.5) 20 0.05<br />

8 0 N~(35, 2) 21 0.05<br />

19 0 N~(17, 0.5) 23 0.05<br />

20 0 N~(60, 4.5) 17 0.05<br />

21 0 N~(34, 2.5) 19 0.05<br />

23 0 N~(85, 7.5) 22 0.05<br />

24 0 N~(9, 0.6) 25 0.05<br />

25 0 N~(9, 0.2) 25 0.05<br />

27 0 N~(27, 2) 23 0.05<br />

29 0 N~(35, 2.5) 24 0.05<br />

cont<strong>in</strong>ued till reach a zero congestion cost network, we will also have a flat price profile. Vice<br />

versa, if standard deviation of mean of LMP (or weighted standard deviation of mean of<br />

LMP) is used as plann<strong>in</strong>g criterion and it is tried to reduce standard deviation of mean of LMP<br />

by expansion plann<strong>in</strong>g, other criteria will reduce and after achiev<strong>in</strong>g a flat price profile we<br />

will also have zero congestion cost (see (4.2)). <strong>Plann<strong>in</strong>g</strong> criteria propose different paths<br />

(expansion plans) to achieve flat price profile or zero congestion cost. To determ<strong>in</strong>e the<br />

impacts of reduction of one criterion on the other criteria, and to determ<strong>in</strong>e which criterion<br />

leads to zero congestion cost and flat price profile at m<strong>in</strong>imum cost or at m<strong>in</strong>imum number of<br />

expansion plans, transmission expansion plann<strong>in</strong>g is performed eight times (stages) under<br />

different criteria. For each criterion, after determ<strong>in</strong><strong>in</strong>g the m<strong>in</strong>imax regret plan, it is added to<br />

the network and the approach is repeated. At the first stage of plann<strong>in</strong>g between each two<br />

buses which have average LMP difference greater than SV=$5/MWhr a new l<strong>in</strong>e is suggested<br />

as transmission candidate. As new l<strong>in</strong>es are added to the network, price profile becomes<br />

flatter. Therefore, number of candidates for the next plann<strong>in</strong>g stages decreases. In the stages<br />

that suggested candidates do not improve the selected criterion or <strong>in</strong> the stages that only a few<br />

candidates are suggested, SV is decreased to have reasonable number of candidates. To<br />

determ<strong>in</strong>e the effects of non-random uncerta<strong>in</strong>ties on the performance of market based criteria<br />

expansion plann<strong>in</strong>g is performed under two different assumptions: There is not any nonrandom<br />

uncerta<strong>in</strong>ty, and there is non-random uncerta<strong>in</strong>ty.

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