Substation-Level Grid Topology Optimization Using Bus Splitting: Preprint
Operations of substation circuit breakers are of high significance for performing system maintenance and topology optimization. Bus splitting is one type of topology changes where the two bus-bars at a substation become electrically disconnected after certain actions of circuit breakers. As these events involve detailed substation modeling, they are not typically considered in power system routine operation and control. In this paper, an improved substation-level topology optimization is developed by expanding traditional line switching with breaker-level bus splitting, which can further reduce grid congestion and generation costs. A tight McCormick relaxation is proposed to reformulate the bi-linear terms in the resultant topology optimization model. Thus, a tractable mixed-integer linear program formulation is presented which can be efficiently solved for real-time control. Numerical studies on the IEEE 14-bus and 118-bus systems demonstrate the performance and economic benefits of the proposed topology optimization approach.