Title |
A Study on Minimum Cost Expansion Planning of Power System by Branch and Bound Method |
Abstract |
This paper describes the minimum cost expansion planning which is based on the economical aspect under the various conditions on the power system expansion planning. It presents not only linear cost characteristics analysis but also stepwise cost characteristics analysis which satisfies practical condition in the power system. The latter analysis must be handled by integer programming (IP), because the relation between the cost and the capacity has stepwise characteristics. In order to proceed the latter analysis, the solving procedure is illustrated in detais by using branch and bound method which includes the network flow theory and maximum flow-minimum cut theorem. |