A Transmission Planning Framework Considering Future Generation Expansions in Electricity Markets

This paper proposes a transmission planning framework in a market environment in which only the generation sector is deregulated. The proposed framework is based on modeling generation companies' (GenCos') strategic behavior and anticipating their expansion patterns from the viewpoint of a transmission system planner. The transmission expansion planning problem in this paper is modeled as a four-level optimization problem. A solution method based on agent-based systems and search-based optimization techniques is proposed to determine the optimal transmission expansion plan.