Abstract
This paper studies the generation and transmission expansion co-optimization problem with a high wind power penetration rate in the US Eastern Interconnection (EI) power grid. In this paper, the generation and transmission expansion problem for the EI system is modeled as a mixed-integer programming (MIP) problem. This paper also analyzed a time series generation method to capture the variation and correlation of both load and wind power across regions. The obtained series can be easily introduced into the expansion planning problem and then solved through existing MIP solvers. Simulation results show that the proposed planning model and series generation method can improve the expansion result significantly through modeling more detailed information of wind and load variation among regions in the US EI system. The improved expansion plan that combines generation and transmission will aid system planners and policy makers to maximize the social welfare in large-scale power grids.
