NDLI: Coordinated expansion planning based on a cost benefit analysis

Content Provider	IEEE Xplore Digital Library
Author	Papaemmanouil, A. Andersson, G.
Copyright Year	2009
Description	Author affiliation: Power Systems Laboratory of Electrical and Computer Engineering, Swiss Federal Institute of Technology, Zurich, CH - 8092 Switzerland (Papaemmanouil, A.; Andersson, G.)
Abstract	Nowadays, the power production and transmission are substantial elements for the society, and will probably play a more important role in the future, but are also associated with various negative effects, which impose additional costs, the so called external costs. As long as these are not included in the electricity prices, market failures most often arise. In order to define expansion projects, right price signals are needed. Thus, the internalization of external costs in power production, which typically leads to higher marginal production costs for conventional power plants, can help in the identification of sustainable future transmission and production plans. The aggregated benefit of the internalization of external costs is usually higher than the social welfare deficit, depending on the energy mix, and can be further used in order to reinforce the existing electricity network, financing “green” investments. The idea in this paper is the coordination of generation, transmission and policy planning, and their interaction, towards a common electricity market. The proposed methodology is based on a cost benefit analysis in order to support the final decision taken. Several scenarios, considering demand changes, power plants installations and investments in transmission are implemented by means of a European “copperplate” model.
Starting Page	1
Ending Page	6
File Size	5553333
Page Count	6
File Format	PDF
ISBN	9781424444557
DOI	10.1109/EEM.2009.5207211
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2009-05-27
Publisher Place	Belgium
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Procurement Energy consumption Statistical analysis expansion planning external costs investment costs Pattern recognition cost benefit analysis Cost benefit analysis Data mining Consumer behavior Pricing Artificial intelligence Computational intelligence
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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