A Review of Current Electric Power Network Expansion Models

Lei Wu, Shen Lu and Yinong Chen

MPRA Paper from University Library of Munich, Germany

Abstract: Electric power transmission expansion planning (TEP), which involves identifying the areas where the existing transmission infrastructure is inadequate, determining the optimal locations and routes for new transmission lines and substations, and evaluating each option in detail. TEP is important for ensuring the reliable and cost-effective delivery of electricity to consumers, and it requires consideration of technical, economic, environmental, and social factors. In this paper, we briefly compare different TEP models, while addressing the advantages and disadvantages of each approach.

Keywords: power system planning; transmission expansion planning; optimization models (search for similar items in EconPapers)
JEL-codes: Q4 (search for similar items in EconPapers)
Date: 2022-02-13
New Economics Papers: this item is included in nep-ene and nep-env
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