A new methodology for generation investment in the national electricity market of Australia

Wong, Kim Onn, Saha, T. K. and Dong, Zhao Yang (2006). A new methodology for generation investment in the national electricity market of Australia. In: , Proceedings of the 7th International Conference on Advances in Power System Control, Operation and Management. 7th International Conference on Advances in Power System Control, Operation and Management, Hong Kong, (). 30 October - 2 November, 2006.


Author Wong, Kim Onn
Saha, T. K.
Dong, Zhao Yang
Title of paper A new methodology for generation investment in the national electricity market of Australia
Conference Paper Type Fully Published Paper
Conference name 7th International Conference on Advances in Power System Control, Operation and Management
DOI 10.1049/cp:20062166
Conference location Hong Kong
Conference dates 30 October - 2 November, 2006
Proceedings title Proceedings of the 7th International Conference on Advances in Power System Control, Operation and Management
Place published Hong Kong
Publisher The Institution of Engineering and Technology Hong Kong
Publication date 2006
Volume number 523 CP
ISBN 0863412467
9780863412462
Total pages 7
Collection year 2006
Language eng
Abstract/Summary Market administrators hold the vital role of maintaining sufficient generation capacity in their respective electricity market. However without the jurisdiction to dictate the generator types, locations and timing of new generation, the reliability of the system may be compromised by delayed entry of new generation. This paper illustrates a new generation investment methodology that can effectively present expected returns from the pool market; while concurrently searching for the type and placement of a new generator to fulfil system reliability requirements.
Subjects E1
290901 Electrical Engineering
660304 Energy systems analysis
Q-Index Code E1

 
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Created: Thu, 23 Aug 2007, 22:11:48 EST