Adaptive Transmission Planning: Implementing a New Paradigm for Managing Economic Risks in Grid Expansion

Publication Type

Magazine Article

Date Published

07/2016

Authors

DOI

Abstract

The problem of whether, where, when, and what types of transmission facilities to build in terms of minimizing costs and maximizing net economic benefits has been a challenge for the power industry from the beginning-ever since Thomas Edison debated whether to create longer dc distribution lines (with their high losses) or build new power stations in expanding his urban markets. Today?s planning decisions are far more complex, as grids cover the continent and new transmission, generation, and demand-side technologies emerge.

Journal

IEEE Power and Energy Magazine

Volume

14

Year of Publication

2016

Issue

4

Organization

Research Areas