Optimization Model and Algorithm for Capacity Planning and Operation of Reliable and Carbon-neutral Power Systems with High Penetration of Renewable Generation
In this work, we propose a Generalized Disjunctive Programming (GDP) model that optimizes both long-term capacity planning (such as the number and size of dispatchable/renewable generators, batteries, and transmission lines) and hourly operation (such as on/off schedules of dispatchable generators, power output from each generator, and power flow) to maximize power system reliability while minimizing total cost and CO2 emissions.
Cho, Seolhee↗