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Optimal Planning of Electric Power Systems

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Optimization in Large Scale Problems

Part of the book series: Springer Optimization and Its Applications ((SOIA,volume 152))

Abstract

Electric power systems provide an essential service to any modern society. They are inherently large- scale dynamic systems with a high degree of spatio-temporal complexity. Their reliability and security of supply are central considerations in any regional or global energy-related policy. Methods for power systems planning have typically ensured key operational reliability aspects under normal operating conditions and in response to anticipated demand variability, uncertainty and supply disruptions, e.g. due to errors in load forecasts and to unexpected generation units outages. Solutions have been commonly built on capacity adequacy and operating reserves requirements, among others. However, recent objectives for environmental sustainability and the threats of climate change are challenging the reliability requirements of power systems in various new ways and necessitate adapted planning methods.

The present chapter describes some of the issues related to the development of the integrated techno-economic modeling and robust optimization framework that is needed today for power systems planning adapted. Such planning framework should cope with the new context by addressing the challenges associated with the sustainability targets of future power systems, and most notably ensuring operational flexibility against the variability of renewable energy sources, ensuring resilience against extreme weather events and ensuring robustness against the uncertainties inherent in both the electric power supply and system load.

This chapter presents the context by summarizing the main sustainability drivers for the current (and future) power systems planning and operation. These well-known sustainability targets have become a worldwide imperative in all sectors of economic activity, and are embedded within almost any regulatory or policy dialogue. We will, then, review the particular transformation undergoing in the electric power sector planning, not only driven by the sustainability goals, but also by the more general technological and/or regulatory advancements. The main power systems planning related challenges are detailed, along with a thorough review of previous research works and research gaps. Then, key research questions and ensuing objectives are formulated.

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Authors and Affiliations

  1. Laboratoire Genie Industriel, CentraleSupelec, Universite Paris-Saclay, Gif-sur-Yvette, France

    Adam F. Abdin

  2. Chair Systems Science and the Energy Challenge, Fondation Electricie de France (EDF), CentraleSupelec, Universite Paris-Saclay, Gif-sur-Yvette, France

    E. Zio

  3. Mines ParisTech, PSL Research University, Sophia Antipolis, France

    E. Zio

  4. Department of Energy, Politecnico di Milano, Milan, Italy

    E. Zio

  5. Eminent Scholar, Department of Nuclear Energy, Kyung Hee University, Seoul, South Korea

    E. Zio

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  1. Adam F. Abdin
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Editors and Affiliations

  1. Department of Industrial and Systems Engineering, Mississippi State University, Starkville, MS, USA

    Mahdi Fathi

  2. School of Science and Engineering, Tecnológico de Monterrey, Monterrey, Mexico

    Marzieh Khakifirooz

  3. Department of Industrial and Systems Engineering, University of Florida, Gainesville, FL, USA

    Panos M. Pardalos

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Abdin, A.F., Zio, E. (2019). Optimal Planning of Electric Power Systems. In: Fathi, M., Khakifirooz, M., Pardalos, P.M. (eds) Optimization in Large Scale Problems. Springer Optimization and Its Applications, vol 152. Springer, Cham. https://doi.org/10.1007/978-3-030-28565-4_10

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