Cost-Benefit Analysis of The Multi-Terminal VSC-HVDC Embedded in an AC Transmission System Using a Proposed Mixed AC/DC Optimal Power Flow
Paper in proceedings, 2013

This paper presents a cost-benefit analysis of the Multi-Terminal Voltage Source Converter based HVDC (VSC-MTDC) using a proposed Mixed ac/dc Optimal Power Flow (M-OPF). In this analysis, the operational benefits of VSC-MTDC systems are evaluated and compared with their corresponding investment costs to derive the benefit-to-cost ratios (BCR) for selected candidates of VSC-MTDC systems in the transmission expansion planning. Case studies using a modified Nordic 32-bus system have been carried out. The results have shown that the embedded VSC-MTDC system might bring out a reduction in total operation cost depending on its configuration and location. The proposed M-OPF model incorporates a detailed model of a VSC-MTDC, and is suitable to the operation and planning analysis of the ac transmission grid with the embedded VSC-MTDC system.

Cost-Benefit Analysis

Cost Minimization

Multi-Terminal VSC-HVDC

Optimal Power Flow.

AC/DC transmission System

Author

Feng Wang

Chalmers, Energy and Environment, Electric Power Engineering

Lina Bertling

Chalmers, Energy and Environment, Electric Power Engineering

Anh Tuan Le

Chalmers, Energy and Environment, Electric Power Engineering

Anders Mannikoff

SP Sveriges Tekniska Forskningsinstitut AB

Jörgen Blennow

SP Sveriges Tekniska Forskningsinstitut AB

10th International Conference on the European Energy Market EEM13, Stockholm, Sweden, May. 2013.

2165-4093 (eISSN)

Areas of Advance

Energy

Subject Categories

Other Electrical Engineering, Electronic Engineering, Information Engineering

DOI

10.1109/EEM.2013.6607363

ISBN

978-1-4799-2008-2

More information

Latest update

11/5/2018