Title

Optimal Expansion of a Developing Power System under the Conditions of Market Economy and Environmental Constraints

Abstract

This paper presents a mathematical model for the optimal expansion of a developing power system. The relations between technical and economic criteria of the power system are non-linear, which makes the problem more complicated. In this model all non-linear relations are made linear. The considered model includes provisions for energy security, which is significant especially for countries that do not possess adequate energy resources. Furthermore, environmental constraints are placed on the model to formulate optimal expansion strategy for the developing power system. Based on the economic analysis of the model some conclusions and recommendations are made.

Department(s)

Mechanical and Aerospace Engineering

Keywords and Phrases

Environmental Constraints; Mathematical Model; Optimal Expansion; Power System; Strategy

International Standard Serial Number (ISSN)

0140-9883

Document Type

Article - Journal

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2006 Elsevier, All rights reserved.

Publication Date

01 Jul 2006

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