About Benders decomposition acceleration power systems
It is apparent that the power system restructuring provides a major forum for the application of decomposition techniques to coordinate the optimization of various objectives among self-interested entities.
Generating Unit Planning Transmission Planning Optimal Generation Bidding and Valuation Reactive Power Planning.
The objective function of the generation resource planning is to minimize the investment and operation cost while satisfying the system reliability. The objective function is formulated as follows: .
The objective function of the transmission planning is to minimize the investment and operation cost under steady state while satisfying the system reliability requirement for each scenario φ. The objective function is formulate.
Feasibility Check Subproblem Feasibility Check Subproblems .
According to feasibility checks for the steady and any single-line outage, all schedule is feasible.
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