Transmission planning in deregulated power markets

Abstract

Transmission systems in deregulated power systems have largely been left to centralized network operators although various forms of participation by merchant operators have been proposed. In the context of evolving decentralized power markets, transmission operations and planning issues, structural organization of the sector, design of transmission market, economics of transmission investments, and regulatory policies are still evolving. It is attempted to address the tasks of transmission network expansion planning in the new environment considering all the pertinent issues. In addition to the rigorous theoretical investigation of issues related to transmission planning and transmission market models, this research work provides a fairly comprehensive framework for transmission planning in deregulated power markets considering the issues pertinent to the present day power markets.