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 proceeding, 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
International Conference on the European Energy Market, EEM
21654077 (ISSN) 21654093 (eISSN)
978-1-4799-2008-2 (ISBN)
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