New Analytical Approach for Long-Term Generation Expansion Planning Based on Maximum Principle and Gaussian Distribution Function

Optimization technique for long-term gen

Optimization technique for long-term generation expansion planning using the maximum principle and the Gaussian distribution function

✍ Y.M. Park; K.Y. Lee; L.T.O. Youn 📂 Article 📅 1984 🏛 Elsevier Science 🌐 English ⚖ 781 KB

This paper presents a new approach to optimal long-range generation planning. A completely new analytical approach to the production costing model and reliability measure is developed under the assumption of a Gaussian probability distribution for the random load fluctuations and plant outages. The