Endüstri Mühendisliği Bölümü Koleksiyonu

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Browsing Endüstri Mühendisliği Bölümü Koleksiyonu by Journal "2017 14th International Conference on the European Energy Market (EEM)"

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    Generation/Transmission Investment Planning Integrated With Market Equilibrium Models in Electricity Markets
    (IEEE Computer Society, 2017) Çelebi, Emre; 01. Kadir Has University
    This paper introduces integrated models for transmission investments anticipating the generation investments and market-clearing equilibrium. Market-clearing models for deregulated electricity markets can inform decision makers on price signals formed in the competitive market other investor's and/or generator's behaviors underlying these price signals and new generation/transmission investment decisions. Bi-level programming problems are formed for this integrated models and reformulated by using mathematical programs with equilibrium constraints (MPEC). A simultaneous optimization model (as mixed complementarity problem-MCP) is proposed to compute the same equilibrium solution of the MPEC problem. The proposed MCP model is found to be computationally more efficient than the traditional MPEC reformulations on a simple 3-bus example. These models will be useful in planning generation/transmission investments and analyzing the relations among these investments and the market outcomes. © 2017 IEEE.