Restructuring and deregulation has exposed transmission planner to new objectives and uncertainties. Therefore, new criteria and approaches are needed for transmission planning in deregulated environments. A new market-based ...

This paper presents a novel model to coordinate decisions of transmission and generation capacity expansion planning in a competitive market in which only the generation sector is deregulated. The Independent System Operator ...

This paper proposes a reliability-based competitive generation resource planning model in electricity markets. The Monte Carlo simulation method is applied to consider random outages of generation units and transmission ...