| Title | Optimal generation investment planning: Pt. 2: Application to the ERCOT system |
| Publication Type | Conference Paper |
| Year of Publication | 2012 |
| Authors | Nan Li, Di Shi, Daniel L Shawhan, Daniel J Tylavsky, John T Taber, Ray D Zimmerman, William D Schulze |
| Conference Name | 2012 North American Power Symposium (NAPS) |
| Date Published | 09/2012 |
| Publisher | IEEE |
| Conference Location | Champaign, IL, USA |
| ISBN Number | 978-1-4673-2306-2 |
| Keywords | CERTS, investment planning, Power system modeling, power system planning, reliability and markets, RM11-005 |
| Abstract | Power system planning and market behavioral analysis using the full model of a large-scale network, such as the entire ERCOT system, are computationally expensive. Reducing the full network into a small equivalent is a practical way to reduce the computational burden. In a companion paper, a modified-Ward equivalencing procedure has been proposed. In this paper, the proposed scheme is applied to the ERCOT system to obtain several backbone equivalents, the accuracy of which are tested under a range of operating conditions. The ERCOT equivalent is used in a system planning tool to perform optimal generation investment studies with promising results observed. |
| DOI | 10.1109/NAPS.2012.6336374 |
